Business Specialties
As Interest Rates Rise, Where Do Valuations and Transaction Volumes Go?
Despite increasing capital costs, investment activity remains strong and growing in some secondary and tertiary markets, as investors reach further outside their traditional comfort zones to secure yield.
Hillcrest, Pathfinder Complete CO Senior Housing Renovations
The joint venture partners renovated and rebranded the Aurora community, converting four apartments into a clubhouse and cardroom.
JLL Brokers Sale of San Antonio Community
Achieve Investment Group’s Villa de Oro is located in the southwestern part of the city and includes 150 units, a clubhouse, a playground and a spa.
HFF Provides $20M Financing for Manhattan Condo Project
Working on behalf of the developer, privately owned real estate company Ekstein Development Group, the HFF team placed the floating-rate construction loan with S3 Capital Partners.
Tandem Partners, Rambaud Holdings Plan New Chicago Community
Marcus & Millichap brokered the $11.4 million sale of the mixed-use building and site in the River West neighborhood where the apartment tower will be constructed.
JV Secures Financing for Manhattan Luxury Condos
Delancey Street Associates, a joint venture including BFC Partners, L+M Development Partners, Taconic Investment Partners and Goldman Sachs, is developing 202 Broome at Essex Crossing, which will include 83 units and retail and office space. Construction is expected to be complete in 2021.
On Demand Webinar: Reaping Revenue from Smart Access
Join Latch on this Multi-Housing News webinar to learn how smart access systems can deliver benefits beyond security and convenience.
BET Investments Develops Philly Asset
The property in Media, Pa., includes 162 units and an electric car charging station, a coffee lounge and a game room.
JV Buys 176-Unit Raleigh-Area Senior Community
Cushman & Wakefield brokered the sale of Woodland Terrace in Cary, N.C., comprising 104 independent living, 36 assisted living and 36 memory care units.
Manhattan Condo Project Secures $72M
Highline Development Group’s property, 550 W. 29th Street, includes 19 units and more than 5,000 square feet of retail or gallery space.