Cities
Berkshire Residential Buys Houston Community
The sale of the 276-unit Vargos on the Lake marks the first time the property changed hands since it came online in 2015.
NorthMarq Arranges Refi for Cincinnati’s Lytle Tower
Senior Vice President Noah Juran negotiated the loan on behalf of Rookwood Properties, the owner of the 11-story Lytle Tower.
Berkadia Secures $104M Loan for NYC Skilled Nursing Facility
Managing Director Richard Price and Senior Director Gemma Geldmacher secured the financing for Workmen’s Circle Multicare Center in the Bronx.
JV Snags Student Housing in Texas, NV
TPCO will undertake a multi-million renovation for High View Place, which marks the company’s third acquisition in the San Antonio market in the past 12 months.
Philly’s Tallest Residential Tower Lands $295M Loan
Southern Land Co. is building the 48-story project, which will offer a combination of luxury rental units and condominiums, along Rittenhouse Square.
California’s Apartment Industry Eyes Wildfire Recovery Plan
As wildfire season approaches, state legislators are considering a comprehensive package, including a fund that would help keep utilities financially stable after major fires.
RADCO Pays $25M for Atlanta-Area Property
The company made its first purchase of 2019 with the acquisition of Stonegate at Eagles Landing, a 167-unit community in Stockbridge, Ga.
Taking Advantage of Opportunity Zones: A Lesson From SLC
PEG Cos.’ Matt Hansen reveals details about Utah’s first project built in a designated opportunity zone. He also describes how the 195-unit Paperbox fits in the metro’s strong multifamily market.
TruAmerica on Investing in West Coast Markets
TruAmerica’s Zach Rivas and Matthew Ferrari share their insights into Denver’s investment landscape. The two also touch on the most challenging aspects, as well as their predictions and goals for the next period.
Charlotte Multifamily Report – Summer 2019
Despite a strong wave of deliveries over the past five years, the metro’s rents increased by 3.4 percent year-over-year, well above the national average.