Business Specialties

Northeast Precast Introduces New Flooring System

Approximately 25 percent lighter than hollow core planks, Prespan eliminates the need for interior structural supports.

Affordable Boston Communities Land $11M Loan

East Boston Community Development Corp. plans to extend the affordability of 111 units in the eastern part of the metro. MassHousing arranged the transaction.

Dougherty Secures Loan for 216-Unit Ohio Community

The mortgage banking firm facilitated $1.2 million in financing for Parkview Apartments, a market-rate property in Columbus. The loan has a 30-year amortization schedule.

One Thousand Museum by Zaha Hadid Tops Off in Miami

On track for an early completion in 2018, the 62-story tower is the late Pritzker Prize winner’s first and final residential skyscraper in the Western Hemisphere.

Inland Nabs Denver-Area Community

The property, which sold for more than $50 million, contains 322 units and is located approximately 10 miles from downtown Denver.

Boston Affordable Senior Portfolio Lands $136M Refi

Symphony Plaza was constructed in 1980 and comprises two neighboring buildings. Masshousing closed the refinancing, allowing for significant on-site improvements and extending affordability for at least 30 years.

Asset Campus to Manage TX Community

Campus Edge Huntsville is situated half a mile from Sam Houston State University and offers 48 four-bedroom units across two buildings.

Wolff Launches WA Resort-Style Senior Housing

Revel Issaquah is located near Lake Sammamish and will feature 146 independent living units. The community is slated for completion in late 2018.

Houston Luxury Community Tops Off

Expanding Memorial City’s site, the 670,000-square-foot Barryknoll project will feature one-, two- and three-bedroom layouts. The development is scheduled for completion by August 2019.

Walker & Dunlop Procures $50M Loan for Phoenix Asset

The company utilized Freddie Mac’s Mod-Rehab Program, which features three years of interest-only payments at a floating rate. Almost $10 million has been allocated for improvements.