TODAY'S DEALS: TreeTop Development Acquires Four NYC Properties
TreeTop Development acquires four properties in New York; PREI, Greystar announce a luxury development in Charleston, S.C.; and Meridian negotiates a financing for five multifamily properties in New York City.
TODAY'S DEALS: Related California Breaks Ground on $350M Mixed-Use Asset
Related California begins a mixed-income development; Carroll Organization and Starwood Capital complete a Houston purchase; and NorthMarq arranges a $40 million Fannie Mae mortgage.
TODAY’S DEALS: Berkadia Lands $27M for San Jose Assets
Berkadia originates $27.2 million for two San Jose assets; A Brooklyn condo hits the 90 percent sold mark; and Hendricks & Partners brokers the sale of a property in California.
TODAY'S DEALS: Jones Lang LaSalle Secures $98M Financing for Greystar
Jones Lang LaSalle lands $98 million in acquisition financing; KBS acquires a 196-unit asset near Chicago; and Beech Street Capital provides $12.5 million for 50 units in New Jersey.
Jaga Reveals In-Floor Heating and Cooling System
Jaga Climate Systems introduces a new customizable line of trench heaters and coolers that can be tailored to fit almost any design need. The radiators are also energy efficient and require less water than traditional units.
TODAY'S DEALS: Insight Buys Post Office, Plans 310-Unit Development
Insight Property Group buys a post office and plans a $75 million development; ARA sells a 600-bed asset serving North Carolina State University; and NorthMarq arranges a $20.2 million refi for a Chicago property at sub-4 percent interest rate.
TODAY'S DEALS: Behringer Harvard Sells 408-Unit Property in Florida
Behringer Harvard completes a 408-unit disposition; and Affirmed Housing breaks ground on the second phase of a California development.
TODAY'S DEALS: HFF Arranges $31.9M Construction Loan
HFF arranges a construction loan for an asset near Seattle; Beech Street Capital provides $11.3 million for a Baltimore acquisition; and Lucent arranges a $12 million loan for the acquisition of fractured condo.
TODAY'S DEALS: NorthMarq’s New Jersey Office Closes $158M Loan Package
NorthMarq’s New Jersey office closes a Freddie Mac CME loan package; HFF closes the sale of a value-add property; and Oculus Capital announces the second phase of a student housing development.
MHN TV: David Woodward on Launching CompassRock
David Woodward, president of CompassRock, discusses his new property management firm, and how its strategy will differ from his two prior companies, Laramar Group and Archstone.