TODAY’S DEALS: NGKF Sells Two Massachusetts Properties
NGKF sells two assets for a combined $32.5 million; Northmarq arranges acquisition financing of $34.7 million; and Grandbridge Real Estate Capital closes three seniors housing transactions totaling $23.5 million.
MHN TV: Smart Investment Strategies
Jack Kern, chief investment research officer at Continental Realty Advisors, gives a rundown on apartment investment trends in 2013 at NMHC’s Apartment Strategies/Finance Conference in Dallas. Foreign capital and investors entering previously overlooked markets are two topics discussed.
TODAY’S DEALS: TIAA-CREF Buys a 276-Unit Community in Burbank
IPA brokers a sale in California; Cohen Financial secures equity financing for a Miami condo development; and NorthMarq Capital arranges $40.5 million in Freddie Mac loans.
TODAY’S DEALS: Pollack Shores Adds Orlando Apartments to Portfolio
Pollack Shores Real Estate Group buys the 456-unit Sabal Palm at Metrowest II; Greystone acquires two development sites in Brooklyn; and Centerline Capital refinances an asset in Jacksonville.
TODAY’S DEALS: Health Care REIT Announces Big Investment Partnership
Health Care REIT will invest approximately $1 billion into a Canadian portfolio partnership; Morgan Properties and DRA acquire a 620-unit asset; and Marcus & Millichap arranges the sale of a distressed community in Tampa.
TODAY’S DEALS: Aragon Holdings Acquires Two Texas Assets
Aragon Holdings acquires two properties for $50 million; Centerline Capital facilitates an acquisition in Delaware; and GFI Realty sells an East Harlem apartment building.
Special Report: The Leading and Lagging Apartment Markets Around the Country
A look at the demographic and economic trends behind the leading and lagging apartment metros for 2013. Greg Willet of MPF Research and Ron Witten of Witten Advisors present their views.
TODAY’S DEALS: The Morgan Group Breaks Ground in Fort Lauderdale
The Morgan Group begins a 331-unit asset; Beech Street Capital closes $17 million for a student housing portfolio in Alabama; and HFF closes on the sale of a 207-unit Upper West Side multi-housing property.
TODAY’S DEALS: Greystone Closes $43.8M for San Jose Asset
Greystone provides financing for a 434-unit community in San Jose; Enterprise Homes closes loans totaling nearly $30 million for two new affordable senior assets in Baltimore County; and Hudson Realty Capital funds a $5.5 million construction loan for a school conversion.
MHN Podcast – Real Estate Education
Jack Kern and Mike Ratliff discuss trends in real estate education, and what hiring managers are looking for in new recruits.