Business Specialties

PFA Buys Stake in $1B U.S. Housing Portfolio

A new REIT joint venture with Simpson Housing owns the 13 Class A communities totaling 3,487 units.

JV Secures $103M Acquisition Loan for Chicago Tower

Newmark Knight Frank represented the partners in the purchase of the 39-story CityFront Place.

Capstone Facilitates $38M North Carolina Community Sale

Caleb Troop, Ron Corrao and Alex McDermott arranged the disposition of the 249-unit luxury asset in Burlington.

Eyzenberg & Co. Secures $21M Loan for Miami Mixed-Use Project

Managing Director Robert Ginsberg represented the owner of the 7-acre site. The mortgage finances predevelopment costs for Towers at Blue Lagoon, a mixed-use project that includes almost 830 units.

Pennrose Names New VP of Operations

Christine Lacy has more than three decades of property and asset management experience.

Universe Holdings Closes $26M Los Angeles Portfolio Deal

The firm acquired three properties totaling 122 units in the Granada Hills submarket.

Best Value in Downturn May Be Workforce Housing

A white paper from Middleburg Communities assesses the impact a recession related to the COVID-19 crisis might have on apartment properties.

CBRE Arranges $44M Chicago Condo Deconversion Sale

Sam Haddadin and Dan Cohen assisted the seller in the disposition of a 163-unit value-add property in the Gold Coast neighborhood.

Kin Housing Brand Opens Brooklyn Location

The property marks the first in the borough for the brand created by Common and Tishman Speyer.

Property Management FAQ During COVID-19

IREM President Cheryl Gray answers frequently asked questions about how best to manage a property during the coronavirus crisis.