Create Green, Permeable Parking Spots and Driveways with TerraFirm
Did you know that roads and parking lots in the United States cover more than 61 million square miles of the Earth’s surface? TerraFirm Enterprises is working to combat the problem of over-paving with 100 percent recycled permeable pavers made from high density polyethylene.
TODAY’S DEALS: Meridian Capital Arranges $250M in Refinancing for New York Property
Meridian Capital Group LLC negotiated a $250 million mortgage for the refinancing of the Aire multifamily property; a Mack-Cali subsidiary buys a 159-unit asset from Landmark Cos.; and IPA arranges a 1,176-unit sale in suburban Philadelphia.
Greenbuild 2013: Lessons Learned from Green Apartments
MHN TV features an interview with Don Brooks, sustainable design manager at The Dinerstein Cos., who weighs in on the lessons learned from his work developing LEED apartments. Topics include best practices and hurdles faced.
TODAY’S DEALS: Advenir Acquires 400 Units in North Miami
Advenir completes a $44.5 million acquisition; NorthMarq arranges $89.1 million to refinance a California portfolio; and Centerline provides a $19.5 million Fannie Mae refinance and obtains waivers for a Baltimore property in less than 60 days.
Crossville Launches Sideview Glass Mosaics
Prepare to bring some bling to your boutique apartment asset with Crossville’s Sideview glass mosaic wall tile collection.
TODAY’S DEALS: Avalon Bay Sells 588-Unit Apartment Asset for $210 Million
The DSF Group buys a property from AvalonBay in New Rochelle, N.Y.; Berkeley Point Capital provides $20.7 million for an Illinois apartment acquisition; and Edgewood Capital funds a $3.75 million bridge loan.
TODAY’S DEALS: Essex Property Trust Buys 379 Units in San Diego
Essex Property Trust completes a $121 million apartment acquisition; Kennedy Wilson and partners buy 388 rental units in a Portland suburb; and Marcus & Millichap arranges a $71.1 million sale of eight Silicon Valley redevelopment sites.
TODAY’S DEALS: Prudential Provides $114M for AIMCO Development in Boston
AIMCO lands a $114 million construction loan; Steadfast Income REIT makes six-property portfolio acquisition; and Johnson Capital’s Denver office arranges a $7.84 million FHA 223(a)(7) refinance.
TODAY’S DEALS: Berkeley Point Lands $28.5M for Washington Apartment Refinance
Berkeley Point Capital refinances a community in Lakewood, Wash.; Cornerstone closes its third affordable housing fund; and IPA brokers a 220-unit sale in Dallas/Fort Worth.
TODAY’S DEALS: Raia Buys a Tallahassee Apartment for $42.2M
ARA brokers a Tallahassee sale; HFF brokers the sale of 1,130 units in Chicagoland; and NorthMarq secures $17 million for a Houston-area portfolio.