Business Specialties
JV Obtains $144M in Financing for Brooklyn Community
The project will include a number of relatively large, family-oriented units, a floor of dedicated amenities and about 6,000 square feet of ground-floor retail.
Renters’ Choice: Holiday Spirit
This month MHN and Kingsley Associates ask residents what it’s like at their apartments during the holidays and in the winter.
Walker & Dunlop Handles Acquisition Financing for NC Community
The company originated a $26 million loan for Waypoint Residential, which used the financing to acquire Waterlynn Ridge Apartments in Mooresville.
Robbins Electra Lands 296-Unit Orlando Property
The $26 million purchase marks the firm’s 30th multifamily acquisition in the last year, bringing its management portfolio to more than 21,000 units.
Home Prices Reach Pre-Recession Peak
The national S&P CoreLogic Case-Shiller Index reached a post-recession high of 184.8 in September, an index level last seen in July 2006.
San Antonio Community Changes Hands
Westmount Realty Capital has acquired a 145,680-square-foot Class B garden-style property.
Affordable Community Coming to East Harlem
L+M Development Partners and Tahl Propp Equities’ property will replace several parking lots that encompass nearly an entire city block.
Colliers Handles Largest Stockton Transaction in Past 5 Years
ROEM Development acquired Polo Run Apartments for $21 million and is now planning to convert the 320-unit community into affordable housing.
US Residential Market Will See Moderating Sales, Prices in ’17
According to Realtor.com, the national real estate market is predicted to slow in the coming year compared with the past two years.
HFF Arranges $156M Construction Loan for Phase II of The Ritz-Carlton Residences
The community will offer 244 luxury one- and two-bedroom units.