Business Specialties

August Rent Payments Hit 79 Percent: NMHC

Coming days after the expiration of supplementary unemployment benefits, the figure is a slight increase from July’s rent numbers.

Berkadia Arranges Financing for Atlanta-Area Workforce Housing

Mitch Sinberg, Brad Williamson, Chinmay Bhatt, Noam Franklin and Cody Kirkpatrick secured debt and sourced equity for the 300-unit property in Norcross, Ga.

Watercrest Senior Living Opens Luxury Community Near Charlotte

The 107-unit facility in Indian Land, S.C., provides assisted living and memory care services.

Mill Creek Breaks Ground on Seattle Apartments

The developer has started construction on the 288-unit Modera Overlake with completion expected by the end of 2022.

Gardner Capital Completes DFW Affordable Community

The three-story Provision at North Valentine will serve families making 30 to 60 percent of the area median income.

TF Cornerstone Tops Out Queens Skyscraper

The building forms part of a two-tower development that will bring 1,194 apartment units to the East River waterfront.

Baltimore-Area Community Trades for $16M

The property had last changed hands more than a decade ago for $8.7 million.

JV Completes $53M Redevelopment of Bronx Senior Community

Project financing included $17 million for capital repairs at the 138-unit affordable property, developed in 1973.

Berkadia Arranges $24M Refi for Georgia Workforce Community

Michael Weinberg, Alec Fox and Wesley Moczul secured the Fannie Mae loan for the 240-unit property in Hinesville.

XFD Real Estate Purchases Georgia Student Housing for $45M

The buyer partnered with Ash Real Estate, Saxum Real Estate and Anchor Real Estate Capital for this acquisition.