Cities
Durham Condos Land $11M Construction Loan
The two-year mortgage will finance the development of 25 townhomes close to the city’s downtown.
JLL Arranges $64M Refi for Brooklyn Condo Project
A joint venture of SL Development and Local Capital Group received the loan for the development of a mixed-use project in Brooklyn’s Williamsburg neighborhood.
Herman & Kittle Properties Opens Affordable Community in Indiana
The Gables in Greenwood features both market-rate and low-income housing tax credit apartments in Greenwood, Ind.
Number of High-Rise Apartment Buildings in Houston Nearly Tripled Since 2000
A look at the city’s increase in high-rises.
Marquette, Principal Real Estate Investors Form JV for Chicago Community
JLL Capital Markets arranged the joint venture equity partnership and a loan from a life company for Marq on Main, located in Lisle, Ill.
RMK Management Takes on 2 Chicago-Area Communities
The properties are located in the Windy City’s South Loop neighborhood and the southwest suburb of Clarendon Hills, Ill.
NXT Capital Arranges Refi for Kansas City-Area Property
The loan will be used for Promontory Apartments, which is part of a larger redeveloped retail center in Overland Park, Kan.
Lexerd Expands North Carolina Footprint
The firm’s purchase of Ashford Lakes in Hillsborough, N.C., represents its second investment in the area.
Seattle Multifamily Report – Fall 2019
Good demographic trends have strengthened the market and pressured developers to keep up with demand.
Greysteel Brokers Sale of DC Affordable Senior Community
President & CEO Ari Firoozabadi and Director Henry Mathies acted on behalf of the seller and also procured the buyer of the 60-unit building.