TODAY’S DEALS: Norris, Beggs Arranges a $26.5M Acquisition Mortgage
Norris, Beggs arranges a $26.5 million acquisition mortgage; and Boston Capital invests in the rehabilitation of two multifamily apartment communities for seniors in Virginia.
TODAY’S DEALS: Commercial Property Advisors Brokers $2.067M Sale of LIHTC Property
Commercial Property Advisors brokers a $2.067 million sale of a LIHTC property; and NorthMarq arranges a $18.98 million loan.
SPECIAL REPORT: Multifamily Industry Will Decelerate in 2013, Panelists Agree
The exuberant levels of multifamily rent increases, transactional activity and equity investments are due for a slowdown over the next year, suggested speakers at the 2012 CREW Network Convention and Marketplace held in Chicago.
TODAY’S DEALS: HFF Arranges $11.5M Refinancing for Manufactured Home Community
HFF announced it has arranged an $11.5 million refinancing for Pacific Skies Estates; and Boston Capital Invests in a tax credit rehabilitation.
SPECIAL REPORT: Hurricane Sandy Likely to Stimulate Economy in Medium Term
Commercial property financing volume has increased by 25 percent in the first few weeks of the fourth quarter, said Sam Chandan, president and chief economist of Chandan Economics.
TODAY’S DEALS: IPA Sells $30M Asset On Behalf of Sentinel Real Estate
Institutional Property Advisors (IPA) arranged the sale of Highpoint Club Apartments, a 43-building multifamily community in Orlando, for $86,207 per unit; and Crescent Resources buys 993 acres for a new mixed-use community.
TODAY’S DEALS: Berkeley Point Arranges $28.179M Construction Loan for TDK
Berkeley Point Capital LLC recently facilitated a $28.2M Federal Housing Administration (FHA) insured loan at an interest rate of 2.89 percent; and Alliant Capital closes on a $2.4M acquisition loan.
PROFILE: BDO
According to Stuart Eisenberg, partner and real estate industry practice leader at BDO USA LLP, apartment investors may be starting to sit on the sidelines.
On Demand WEBCAST: Finding, Identifying and Investing in Commercial Real Estate Opportunities in Secondary and Tertiary Markets
Join us in this webinar to learn about investing in smaller commercial real estate markets across the U.S. today.