Business Specialties
MBA Survey: Multifamily Lending Volume Expected to Increase in 2014
A majority of respondents expect loans for CMBS, commercial banks, life companies, and pension funds to increase this year, while loans for Fannie Mae, Freddie Mac and FHA will decrease.
China’s Greenland Group Buys 7.8-Acre Brewery Development in London
A Chinese developer has entered the U.K. market with the $987 million acquisition of the Ram Brewery development site in London. The land is permitted for 661 new homes, including a 36-story multifamily tower.
Housing Trust Group Breaks Ground on Affordable Seniors Housing in Fort Lauderdale
Backed by financing from US Bank, Housing Trust Group has broken ground on a 112-unit affordable seniors housing asset in Fort Lauderdale.
TODAY’S DEALS: RADCO Completes an Oklahoma Apartment Acquisition
The RADCO Companies acquires a 284-unit asset in Tulsa, Okla.; Centerline refinances four properties in Ohio; and Beech Street Capital closes a $5.9 million refinance for an apartment in Tulsa, Okla.
Greystone Closes First Freddie Mac Revolving Credit Facility in Seniors Sector
Greystone closes the first Freddie Mac Revolving Credit Facility for the seniors housing sector on behalf of Oakmont Senior Living.
MHN Interview: Beach Front Properties’ Kyle Kazan
MHN talks to Kyle Kazan of Beach Front Properties on working with challenging properties and achieving success.
Aquatherm Delivers a Leak-Free, Durable Alternative to Traditional Piping
Aquatherm heat-fused piping seals at the molecular level, ensuring a leak-free plumbing system. The plastic piping also features a number of inherent health and environmental benefits.
Mack-Cali/Fisher Brothers JV Buys 377 Units in D.C.
A joint venture comprised of Mack-Cali Realty Corp. and Fisher Brothers has closed on a luxury multifamily project currently being constructed in Washington, D.C.’s trendy H Street submarket.
2014 Multifamily Investment Forecast
Our 2014 Multifamily Investment Forecast brings goods news as experts expect an increase in the amount of financing capital flowing into the industry.
The Condo Comeback?
Strained supply and high rents have condos in demand, though many developers remain hesitant.