Endeavor Real Estate Group and LYND Secure Equity for JV Development in Texas
Endeavor Real Estate Group, an Austin-based commercial owner/developer, and LYND, a San Antonio-based multifamily owner/developer, have secured equity for their mixed-use joint venture development, currently known as 3 eleven Bowie. The project, located in downtown Austin, is a 36-story high-rise comprised of 359 luxury rental residences along with roughly 42,000 square feet of office and 3,000 feet of street level retail. Equity is being provided by an institutional investor that is being advised by Dallas-based L&B Realty Advisors, LLP. The project marks LYND’s second such development with L&B acting in an advisory capacity. Terms were not disclosed. 3 eleven Bowie…
Greystone Receives Top Award at Fannie Mae DUS® Meeting
For the third consecutive year, Greystone Servicing Corporation Inc., a leading national provider of multifamily and commercial mortgage loans, was named the Leading Small Balance Loan Lender by Fannie Mae.
Flushing's Sky View Parc Passes Half-Way Mark
Demand is relatively strong, supply relatively weak. That’s the state of the condo market in New York now, and that goes for places like Brooklyn and Queens as well as Manhattan.
TODAY'S DEALS: McCann Buys 276-Unit Asset Near Orlando
McCann Realty Partners buys an asset 25 miles west of Orlando; Federal Capital Partners completes a $14.8 million purchase in Maryland; and NorthMarq Capital arranges $23.25 million for an off-campus student housing community.
Six Things Both Parents and Students Want in Student Housing
When it comes to student housing, it might seem like students and parents want different things. But they are actually looking for a lot of the same things.
MARKET SNAPSHOT: Vacancy in Milwaukee Ticks Up Slightly with Expanding Development
The city of Milwaukee is set to see the largest increase in apartment inventory since 2000, with 700 units expected to come online by year’s end.
LeaseRunner Report Reveals More 'Accidental Landlords' Than Originally Thought
LeaseRunner, a comprehensive digital leasing suite that allows users to manage leasing transactions from any Web-connected device, has released the results of its first-ever Rental Industry Report, which surveyed more than 1,000 LeaseRunner customers and revealed trends and data within the rental market.
Economy Watch: Spain Gives the World the Jitters
Events in Europe continue to make investors (and a lot of other people) nervous.