Research: Cautious Optimism
Mortgage bankers continue to see good things coming for 2014. This optimism is bolstered in part by increased certainty in the lending environment.
Case Study: 75 Wall
Meet the Hakimian Organization’s 75 Wall-Residences Atop Andaz. This case study examines the lessons learned from the office-to-condo conversion in Manhattan’s FiDi.
Finance: Trend Watch
Players in the capital markets agree that the multifamily sector seems to be on solid footing, with even better years ahead. But there are always undercurrents to be aware of. What major trends are mortgage bankers watching?
In Spite of Difficulties, Virtus Still Sees Opportunity in Student Housing
While investing in student housing has recently become more difficult due to inventory and financial constraints, Virtus Real Estate Capital remains optimistic about the health of the sector, especially near tier-one schools.
Central Harlem Condo Development Half Sold After First Month on the Market
About half of the condominiums at L+M Development Partners Inc.’s Central Harlem mixed-use development, The Adeline, have sold in the first month of sales. The community is expected to be completed this fall.
Hill & Wilkinson Awarded Dallas Mixed-Use Construction Contract
Lincoln Property Co. awards Hill & Wilkinson with a $38.6 million construction contract for Lincoln Knox Apartments, a six-story, 165-unit luxury infill apartment development in Dallas.
Atlantic | Pacific Companies Acquires Class A Asset in San Marcos, Texas
Atlantic | Pacific Companies has added another Class A asset to its portfolio with the purchase of The Palazzo, a 300-unit garden-style apartment located in San Marcos, Texas.
The Aspen Cos. Purchases Three Affordable Assets in Georgia
New Jersey-based The Aspen Cos. has picked up a trio of affordable housing communities for slightly more than $9 million. The move adds more than 300 units to its expanding portfolio in the Southeast.
Vitus Group Acquires New Jersey Affordable Housing Asset
Vitus Group has launched a value-add play with the acquisition of Penny Point Apartments, a 152-unit affordable housing community located in Egg Harbor, N.J.
ULI and Enterprise Release Comprehensive Affordable Housing Solutions Report
The supply gap between affordable rental units and extremely low-income renters continues to widen. ULI and Enterprise Community Partners address the issues surrounding the availability of affordable housing in their new report: Bending the Cost Curve.