DEAL OF THE DAY: Marcus & Millichap’s Special Asset Services Brokers $25.5M Whole Loan Sale in Bergen County, N.J.
Elmwood Park, N.J.–It is a four-property garden-style apartment portfolio.
DEAL OF THE DAY: ARA Brokers Sale of Apts. to Private Investor
College Station, Texas–ARA has arranged the sale of the 237-unit Polo Club Apartments.
DEAL OF THE DAY: Hendricks & Partners Helps Sell Family Property for $1.555M
Denver, Colo.–Hendricks & Partners executed the sale of The McFee, located at 60 Corona Street in Denver, Colo.
Fair Housing Compliance
Owners and managers need to stay current to avoid common—but potentially costly—mistakes.
Pensions Play
Retirement funds once again are becoming a force in the multi-housing sector.
DEAL OF THE DAY: Two Communities Sold for $10.7M
Harrisburg, Pa–The Kislak Company Inc. has completed two multifamily transactions totaling nearly $10.7 million.
DEAL OF THE DAY: Mortgage Equicap Supplies $13M in Capital for Condo Conversion in New York City
New York–Mortgage Equicap has arranged a $13 million bridge loan and preferred equity investment.
DEAL OF THE DAY: Chozick Realty Brokers Apartments for Record-Setting $79,487/Unit
Bristol, Conn.–Chozick Realty, Inc. has completed the sale of Brookside Apartments in Bristol, Conn.
DEAL OF THE DAY: HFF Arranges $18M Financing for Manufactured Housing Community
San Diego–HFF (Holliday Fenoglio Fowler LP) has arranged $18 million in financing for The Highlands.
Apartment Downturn Still Not Over but Prospects for Multifamily REITs are Improving, Says Moody’s Report
Multifamily performance over the next few quarter may experience some turbulence, according to analysis by Moody’s Investor Services.