Business Specialties
Winds of Change Buffet Chicago Multifamily
At the Lincoln Park Builders of Chicago Real Estate Forum, panelists shared insights on what’s next for the city’s development market.
Dougherty Arranges Refi for 77-Unit Community in Ohio
The national mortgage banking firm closed a Fannie Mae loan for Legends Pointe in Canton, Ohio. Dougherty’s Minneapolis office worked for borrower Legends Pointe Apartments.
LA Community Sells for $16M
Transwestern brokered the sale on behalf of the seller, a private investor and also represented the buyer, Winstar Properties Inc., in the off-market transaction.
From Mall to Mixed-Use
Encore Capital Management has started construction on Plantation Walk in Plantation, Fla. Formerly Plantation Fashion Mall, the project is one of the largest currently planned in Broward County.
Electra America Snags 6th San Antonio Community
The company has purchased the 366-unit Firewheel Apartments, located in the North Hampton neighborhood. Berkadia’s South Florida team arranged the financing.
Dougherty Closes $34M Loan for Affordable MN Development
Named 1500 Nicollet, the planned 183-unit community in Minneapolis will include 5,500 square feet of retail space.
On the Market: 5 Interesting Listings for the Week of 11/13
This week’s listings include two historic buildings: a three-unit San Francisco property built in 1900 and a stately Chicago community constructed in 1920.
Don’t Sleep Through the Slow Season
It can be tempting for multifamily marketers and individual apartment communities to view the slow season as the off-season, but that can have potentially damaging repercussions. Industry experts weigh in on how to stay active during those months to kick-start leasing.
Greystone Refinances Philly Property for $20M
West Village in West Philadelphia received three Freddie Mac small-balance loans. The 86-unit community features townhome-style duplexes.