Deals
Infographic: Real Estate Billions: Where the Money Goes
Data from a variety of sources including Federal Reserve, NAR and eMarketer reveals how real estate $$ is being spent.
Risk Management Roundtable
Apartment owners and management companies have a lot to worry about in keeping their communities safe and secure, and there are always new factors emerging to further add to the complexities of risk management.
TODAY’S DEALS: Walking Distance Retail and Transit Gave this Asset an Edge
Paredim Communities bets on suburban Connecticut, and Grandbridge advances a $67 million loan.
TODAY’S DEALS: Olympus Snaps Up ‘Rare’ Phoenix Opportunity
An investor buys next to Arizona’s “best kept secret,” and CityView completes a hat-trick of L.A. sales. Also, Hamilton Point acquires a property at well-below replacement cost.
TODAY’S DEALS: New Manufacturing Jobs Help REIT Identify Apartment Opportunity
Milestone looks to suburban Atlanta, and Walker & Dunlop lends to housing that is delivering an affordable option in the Boston area.
TODAY’S DEALS: Audubon Enters Athens Growth Play with Options
Adaptability proves key in an Athens acquisition, and Capital One advances a refi loan to property with 99 percent occupancy.
TODAY’S DEALS: Berkadia Supplies Massive Loan for Portfolio Acquisition
Berkadia finalizes financing for a huge multi-million dollar sale, and a value-add firm bets on Vegas as a retirement destination.
CPC Helps Keep NYC Community Affordable
With funding through Freddie Mac, Community Preservation Corporation has closed on a $40 million loan for the refinancing of Cathedral Parkway Towers. Refinancing helps prevent otherwise unavoidable rent increases that would have resulted from escalating operating costs at the 309-unit Mitchell-Lama project on West 110th Street in New York City.
Successful Structures
CBRE’s Trehubenko favors transparency, patience and clarity when structuring complex affordable housing financing.
ResiModel Announces Additions to Client Roster
ResiModel, a platform for aggregating, standardizing and analyzing financial data for multifamily transactions, reported a roster of clients that it onboarded during the first quarter of 2015.