Business Specialties
Sovereign Property Management Secures $92M for Delaware Portfolio
The owner landed refinancing loans for four apartment communities totaling 902 units.
Avid Realty JV Acquires Houston-Area Community
The buyer also assumed the outstanding balance of a Fannie Mae loan originated in 2017.
July Rent Payments Reach 88 Percent
NMHC’s latest report comes shortly before additional unemployment benefits and several eviction moratoriums are set to expire.
RMS Cos. Begins New Jersey Redevelopment
The 153-unit community will be built on the site of a former salt factory in Union Township.
FCP Sells Washington, D.C.-Area Community for $82M
Potomac Vista Apartments is situated between the U.S. Army’s Fort Belvoir and the U.S. Marine Corps Base Quantico in Virginia.
CIM Group JV Tops Out Brooklyn Condo Project
Construction on the 1.1 million-square-foot luxury development is expected to deliver in 2021.
StreetLights Residential Kicks Off Midtown Atlanta Luxury Project
The company’s second upscale residential property in the metro will feature 300 units.
Wood Partners Begins Research Triangle Luxury Project
First Citizens Bank is funding the 403-unit development with more than $45 million in construction financing.
Wood Residential Services to Manage Phoenix Community
The Statesman Group has tapped the company to run operations at Montreux, a new 335-unit property.
Dwight Capital Closes on $40M Las Vegas Loan
The HUD financing features competitive terms at a time when many lenders are struggling.