Business Specialties
Massie Capital Management Secures $23M for LA-Area Community
HFF worked on behalf of the borrower to arrange the financing deal for William Penn Apartments, a 189-unit building in the Koreatown neighborhood.
CWS Capital Buys Phoenix Apartments
Walker & Dunlop originated more than $38 million in Freddie Mac acquisition financing for the buyer’s $60 million purchase of the Class A, 320-unit community.
Draper and Kramer Bringing New Community to Chicago’s South Loop
The 275-unit development will be located nearby McCormick Square and will be the largest community built in the area since 2010.
Oakland Affordable Housing Development Lands $32M Loan
Parkview Financial provided the construction financing for a 102-unit adaptive-reuse, live/work rental property.
Cushman & Wakefield Brokers $56M IN Sale
Castle Rock, a 740-unit apartment property in South Bend, was acquired by a joint venture of Sinatra & Co. Real Estate, L5 Investments and Odyssey Properties.
New Affordable Housing Slated for Midtown Manhattan
New York City has tapped several development firms to build 260 affordable apartments on two city-owned sites in the Clinton/Hell’s Kitchen neighborhood.
TN Luxury Rental Property Breaks Ground
Developed by Fickling & Co. and Novare Group, the 250-unit Lullwater at Hixson community is scheduled for completion by the fourth quarter of 2019.
Suburban Dallas Community Receives Supplemental Loan
Dougherty Mortgage secured a $3 million loan for the 134-unit Landen in Irving, Texas, which complements the existing acquisition financing.
Green Financing’s Growth and Growing Pains
Fannie Mae, Freddie Mac and PACE financing continue to lead the charge, with an increasing number of states expected to launch government-backed guaranteed mortgages.
What Do Asset Managers Want from Property Managers?
In a competitive, fast-changing environment, meeting client expectations calls for unprecedented sophistication about business strategy, finance and other areas. Experts name five key areas to focus on.