Archive for September 2010
Busy Summer Leaves Long Island Oceanfront Condo Property Nearly 60 Percent Sold
Long Beach, N.Y.–The summer proved to be a fruitful period at Aqua, an upscale 36-unit condominium property along the ocean in Long Beach, N.Y., about 25 miles southeast of Manhattan.
Read MoreDEAL OF THE DAY: Walker & Dunlop Closes $13.8M Acquisition Loan
Atlanta–Walker& Dunlop provided a $13,800,000 acquisition loan for Lansdowne and Gladstone Towers located in Aldan, Pa.
Read MoreU.S. Residential Group Expands Multifamily Management Portfolio
Dallas–Multifamily management specialist U.S. Residential Group, which has offices in Texas, California and Connecticut, recently won contracts for the management of over 8,300 units in 39 multifamily properties.
Read MoreAdaptive Reuse Project Opens in SoCal
Marina del Rey, Calif.–Latitude 33, formerly an underperforming, institutional-looking office building, has been transformed into a modern luxury beach community.
Read MoreVideo Interview with Robert Turnbull
MHN interviews Robert Turnbull, President and Co-Founder of RentWiki, about Web 3.0 and beyond.
Read MoreAdaptive Reuse Project Opens in SoCal
Marina del Rey, Calif.–Latitude 33, formerly an underperforming, institutional-looking office building, has been transformed into a modern luxury beach community.
Read MoreGreen Apartment Building Springs to Life, Eradicating Crime Hot Spot in Washington, D.C.
Washington, D.C.–Wheeler Terrace, a neglected 161-unit apartment building that had become a magnet for criminal activity in Washington, D.C., has undergone a renaissance.
Read MoreCondo Sales See Slight Uptick in August
Washington, D.C.–The sales of existing U.S. condominiums and co-ops gained some traction in August, according to the National Association of Realtors, but only as a modest uptick.
Read MoreDEAL OF THE DAY: Berkadia Supplies $11M Refinance Loan Carrying 4.15% Interest
Santa Cruz, Calif.–Berkadia Commercial Mortgage LLC originated $11,000,000 in fixed-rate debt through its Freddie Mac program for the refinance of Hidden Creek Apartments, a multifamily property in Santa Cruz, Calif. The loan features a fixed rate of 4.15 percent.
Read MoreBehringer Harvard Appoints SVP of Property Management
Dallas–Behringer Harvard has appointed Margaret M. (Peggy) Daly as senior vice president of Property Management for Harvard Property Trust, LLC, an affiliate of Behringer Harvard. In this newly created role, her responsibilities include the development and leadership of residential property management and the operating platform for Behringer Harvard multifamily assets. Daly has more than 30…
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