Business Specialties
Phillips Realty Capital Secures $40M for TX Property
Weinstein Properties’ acquisition of Century Lake Forest in McKinney, is the company’s third in the Dallas Metroplex and ninth in the state.
NYC Developer Obtains $46M Loan to Build Kips Bay Condos
Forkosh Development Group’s newest project is a 20-story residential building in the Manhattan neighborhood. The site, formerly three small apartment buildings, was purchased earlier this year for $17 million.
JV Buys 240-Unit Baltimore-Area Community for $50M
Morgan Properties and Core Real Estate Partners have acquired Orchard Meadows, located in Ellicott City, as a value-add investment. The community will undergo more than $2 million in upgrades.
Titan, Investcorp Trade Atlanta Community
ECI Group acquired the 410-unit asset located in the city’s West Chamblee submarket. The property offers one- to three-bedroom apartments ranging from 950 to 1,435 square feet.
Advenir Secures $173M to Refinance Denver, Houston Properties
HFF arranged the loans on behalf of the borrower through Freddie Mac’s CME Program. Proceeds will refinance floating-rate debt on five assets.
GSE Outlook Stays the Course
After breaking records in 2017, Fannie Mae and Freddie Mac advance affordability and sustainability programs and anticipate comparable volume this year.
Transactions: June 2018
The following is a list of transactions that were announced between March 30 and April 20, 2018.
Increasing Employee Retention in the Competitive Senior Living Industry
When employees feel valued, their satisfaction and the quality of services they deliver improves significantly. Karla Jackson of StudioSIX5 shares tips on how to make your team successful.
Senior Living Bridges the Generation Gap
Developing communities expressly for residents 55 and up is the dominant format for these communities. Yet as several new examples illustrate, a multigenerational approach offers benefits for all stakeholders.
How Mixed-Use Design Is Stealing the Show
Mixed-use properties are becoming the go-to opportunity for developers and investors across the industry. Matthew Schwartz, principal of The Domain Cos., offers his views on the sector’s future direction and the company’s next projects.