Business Specialties
Online Reviews Still Play Major Role for Renters
The vast majority of American renters look at a property’s online ratings even after a recommendation, according to a survey by reputation management company Binary Fountain.
TruAmerica on Investing in West Coast Markets
TruAmerica’s Zach Rivas and Matthew Ferrari share their insights into Denver’s investment landscape. The two also touch on the most challenging aspects, as well as their predictions and goals for the next period.
Marc Realty Sells Chicago Community
Interra Realty’s Senior Managing Partner Brad Feldman brokered the $2.8 million disposition of the recently-renovated Rogers Park community.
Bridge Investment Group Sells Phoenix Community for $78M
Located 6 miles from the Cave Buttes Recreation Area, the 480-unit Monte Viejo traded in an all-cash deal and was almost fully occupied as of May.
Loft Apartment Building Sells for $61M in NYC
Meadow Partners sold the market-rate rental property in Brooklyn’s Williamsburg neighborhood. Hodges Ward Elliott arranged the sale of the former industrial asset.
$72M Affordable Project Launched in Brooklyn
The Institute for Community Living is building the 128-unit community, which will include 78 apartments reserved for the formerly homeless.
Adaptive Reuse Project in Kansas City Lands $33M Loan
The redevelopment of the former Commerce Bank Executive Office building in downtown Kansas City, Mo., will create a 184-unit community. Berkadia originated the financing.
Jacksonville Value-Add Community Changes Hands for $35M
The new ownership will invest more than $5 million to upgrade and reposition the 444-unit multifamily property as Topaz Villas JAX.
Turner Impact Capital Buys 659-Unit Houston Property
The buyer funded the acquisition of the 53-building Urban Palms with a $38 million Fannie Mae loan. Walker & Dunlop originated the financing.
CBRE Pays $102M for Nashville Community
The firm selected Greystar to oversee operations at the 367-unit Class A multifamily asset in The Gulch. The property opened its doors in 2018.