MIG Real Estate acquires a 240-unit community in Denver; Wells Fargo arranges $41.4 million in refinancing for an affordable housing asset; and Berkadia originates acquisition and interim financing totaling $153 million in New York City.
MIG Real Estate acquires a 240-unit community in Denver; Wells Fargo arranges $41.4 million in refinancing for an affordable housing asset; and Berkadia originates acquisition and interim financing totaling $153 million in New York City.
Global One Real Estate Fund, in conjunction with the New York Affordable Housing Preservation Fund, a joint venture between L+M Development Partners and Citibank, has bought Lafayette Boynton from AREA Property Partners for $51.5 million.
Crystal Point, an upscale development in Jersey City, has augmented its marketing efforts with two professionally decorated models, including a two-bedroom penthouse residence on top of the 42-story structure.
Fannie Mae was hard to miss at Greenbuild 2011 in Toronto. Chrissa Pagitsas, LEED AP, green initiative program manager/multifamily risk, presented at three different panels.
The recent freak snowstorm that hit our area just a few days before Halloween, causing widespread power outages and, in some towns, the rescheduling of trick-or-treating, reminds us that some things are simply out of our hands.
American Utility Management and Georgia Tech have released AUMScore, an energy benchmarking tool developed specifically for multifamily owners.
The Reserve on South Martin, an affordable multifamily development for older adults under construction in suburban Cincinnati, substantially benefited from an innovative financing approach from Red Capital Markets LLC.
The latest S&P/Case-Shiller Home Price Indices, which were released on Tuesday, showed that U.S. home prices didn’t move much during the third quarter of 2011, with the National Home Price Index seeing a 0.1 percent uptick quarter-over-quarter.