Finance & Investment
Q&A with Christina Ying, Partner at Herrick
The real estate attorney discusses the main challenges in financing multifamily properties and which new areas in New York are attracting foreign investors.
Trion Offloads Two Sacramento Communities for $25M
The two properties have sold for considerably more than what Trion had originally paid for them.
$23M Affordable Housing Community Debuts in Miami
The new development, already 100 percent leased, features 84 units for low-income families.
Portfolio of 4,200-Plus Rental Houses Sells for $652M
Altisource Residential purchased the portfolio on Saint Croix in the U.S. Virgin Islands from Amherst Holdings.
Houston Community Under New Ownership through HFF
The community was 95 percent leased at the time of the sale.
Bellwether Arranges Refi for Long Beach Multifamily Asset
The owner will carry out a number of energy efficient improvements in order to comply with the loan’s requirements.
US Treasury Awards $92M for Affordable Housing
The allocation is expected to trigger a total investment of more than $900 million for low-income communities.
Rivergate Phase I in Suburban DC Obtains $73M
The Greenwich Group International arranged construction financing for the Washington, DC-area project.
BRAD Management Picks up Two South Pasadena Residential Buildings
The financing for the acquisition and renovation of the two assets was provided by Thorofare Capital.
NHP Foundation Raises $11M for Parkchester Apartments
The property offers subsidized one-, two- and three-bedroom units for low-income families in Washington, D.C.