Keat Foong

Midwest

TODAY’S DEALS: NorthMarq Capital Finalizes $35M Freddie Mac Loan

NorthMarq Capital arranges the $34.59 million refinance of Lakeside Terrace Apartments; and Lee & Associates transacts a sale in access of the $9.5 million listing price.

Keat Foong - January 14, 2015
Austin

TODAY’S DEALS: Hunt Mortgage Provides $6M, Full-Term Interest-Only, Bridge Loan

Hunt Mortgage Group announces that it has provided a $6 million bridge loan to refinance Sun Bay Apartments; and Colliers completes the sale of a 228-unit Class B property in Austin, Texas.

Keat Foong - January 13, 2015
Atlanta

TODAY’S DEALS: Marcus & Millichap Brokers $15.5M Sale of NYC Building

Marcus & Millichap arranges the sale of 974 Saint Nicholas Ave., a six-story elevator building in the up-and-coming Washington Heights neighborhood; and Hunt Mortgage advances a seven-year ARM for a property in a “solid” market.

Keat Foong - January 2, 2015
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Providence Investments Purchases 194-Unit Pensacola Apartments

Providence Investments of Birmingham, Ala., has bought Heritage Apartments, a 194-unit multifamily property in Pensacola, Fla.

Keat Foong - December 26, 2014
Daily News Ads

Waterton Re-Enters Seattle Market with Martha Lake Apartments Purchase

Waterton Associates purchases the 155-unit garden-style apartment community situated about 15 miles from downtown Seattle.

Keat Foong - December 26, 2014
Daily News Ads

Economy Watch: US Economic Growth Surges in Q3

Real U.S. gross domestic product increased at an annualized rate of 5 percent; single-family home sales fall; and total income increase.

Keat Foong - December 26, 2014
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Exurban Orlando Apartments Sell for $14M

Equus Capital Partners Ltd. sold the 224-unit property to Bluerock Partners for $14.3 million.

Keat Foong - December 23, 2014
Daily News Ads

Security Properties Acquires Affordable Apartments for $13.2M

Security Properties has teamed with Enterprise Community Investment Inc. and the Colorado Springs Housing Authority to acquire Winfield Apartments.

Keat Foong - December 23, 2014
Daily News Ads

Economy Watch: Existing Home Sales Drop

The National Association of Realtors reported on Monday that total existing-home sales fell in November by 6.1 percent, but the sales level is still up by 2.1 percent from a year ago.

Keat Foong - December 23, 2014
News

Recruiting Top-Tier Talent

Recruiting the right talent can play an integral role in the long-term success of any company. This especially rings true in the people-centric business of property management.

Keat Foong - December 3, 2014