Business Specialties
Condo Development Coming to Dallas
Metropolitan Capital Advisors arranged a $9.6 million construction loan for Destination Residences, a 62-unit, multi-story condominium project in The Cedars neighborhood.
Oakwood to Manage Columbus Mixed-Use Project
The local property management company will manage River & Rich, a 230-unit project currently underway downtown Columbus, Ohio. The community is set to open during summer 2018.
JVM Starts Renovations on Kansas City Communities
The upgrades include revamped clubhouses and common areas. Apartment units will also be improved over the next couple of years.
Why Affordable Apartments Are Hard for Low-Income Renters to Find
Kim Betancourt, who oversees economics and market research for Fannie Mae’s multifamily platform, talks about her team’s latest findings on barriers to affordability.
Hunt Mortgage Closes Refis for TX Portfolio
The properties encompass more than 900 units and are located in Balch Springs, Irving and Dallas. Hunt Mortgage Group provided a total of $36.7 million.
San Diego Apartments Snag $38M Refi
KeyBank Real Estate Capital arranged the financing, 12-year term, seven-year interest only period and a 30-year amortization schedule for the 255-unit Stonewood Garden Apartment Homes.
JV to Bring $44M Workforce Housing to Boston Area
Work on the 140-unit The Watson on Howard is scheduled to begin by June, with occupancy expected by July 2018. This community will feature the largest number of workforce units ever financed under MassHousing’s Workforce Housing Initiative.
Bellwether Closes $62M in Financing
The properties include a 116-unit community in New York, a 192-unit community in Texas and an industrial property in Ohio.
RKW Residential Expands NC Footprint
The property management company has taken over management of Wesley Village, a 301-unit community near uptown Charlotte, N.C. Bluerock Real Estate owns the property.
Blinds Between Glass Keep Rooms Cool, Reduce Damage
ODL’s Blink Blinds + Glass encases blinds within insulated glass, avoiding the dust accumulation, tangling and breakage that often occurs with traditional blinds.