Business Specialties
Two Louisiana Apartments Obtain $23M Refi
Interest rates remain low, and apartment owners are still eager to take advantage of that environment, according to Beech Street Capital. Recently the company closed on two Fannie Mae loans to refinance a pair of Louisiana apartment buildings owned by the same entity.
Stop Worrying About Odor Control in Waste Rooms
Air/Q Trash Odor Control uses patented technology to stop malodors from leaching into common areas and hallways. The unit features a fully programmable on-board computer that give users the ability to adjust the intensity of the scent effect to meet their specific needs.
Arlington’s Newly Built Grayson Flats Sold for $33M
Insight Property Group and Buvermo Investments Inc. have sold the Grayson Flats apartments in Arlington last month for $33 million, or roughly $492,500 per unit. The buyer, an affiliate of local development company Silverwood Companies, acquired the property about a month after it was finished.
‘What Renters Want’ with Jessica Fiur: The Oldest Real Estate Trick in the Book
There are several ways to stir up excitement about an apartment.
$238 Million Uplands Residential Community Opens In Baltimore
Uplands, a new, $238 million residential community located in Baltimore, oficially opened its gates to the public on Monday, June 3.
Milestone Apartments REIT to Pay $46 Million for Alpharetta Community
According to an official company announcement, Milestone Apartments REIT has agreed to pay $46 million for the Century Windermere, a 346-unit Class A multifamily apartment community located in the Alpharetta/Cumming submarket of Atlanta.
TODAY’S DEALS: U.S. Bank Closes $55.1M for Affordable Seniors Developments
U.S. Bank paves the way for two Retirement Housing Foundation projects in L.A.; Beech Street closes $8.5 million for a Tampa refinance; and Alliant Capital provides a $975,000 loan.