Finance & Investment
TODAY’S DEALS: Canadian REIT Grabs Luxury San Antonio Apartments
Pure Multi-Family REIT finds opportunity in San Antonio; and Walker & Dunlop originates a $26.6 million acquisition loan in Colorado.
Affordable Multifamily Veteran Joins Freddie Mac as Vice President
Freddie Mac announced that David Leopold, a long-time leader of affordable rental housing lending and investments, is joining the company on April 20, 2015, as vice president of affordable housing production for the Multifamily business.
TODAY’S DEALS: Construction Loan Kicks Off Second Phase of Tacoma Mixed-Use Development
HFF secures construction financing for a Puget Sound project; KeyBank provides a permanent loan for newly built Ohio asset; and ConAm acquires a value-add property within Denver’s largest employment center.
Is the Gap Widening Between the Rich and Poor?
A new report by the Brookings Institution looks at the gap between the richest and poorest households.
Economy Watch: Is the Strong Dollar Good for Real Estate or Not?
The world is turning to the U.S. dollar. What does this mean for real estate?
TODAY’S DEALS: Chicago Tower Sales Breaks $100M Mark
Planned Property Management grabs a Chicago tower; HFF arranges Orlando acquisition financing for a newly built luxury asset; and Hunt Mortgage finances an acquisition with a $4.8 million loan.
An Inside Look at Fannie Mae’s New Plan to Reward Green Communities
Fannie Mae intends to reward multifamily properties with green building certifications, such as LEED, with lower interest rates.
TODAY’S DEALS: Millennium Tower Boston Completes $650M in Sales in Four Months
Millennium Partners demonstrates an appetite for the ultra-luxury condos in Boston; Bluerock Residential Growth REIT is attracted to Austin; and Hunt Mortgage provides a Fannie Mae loan facility to a property located in Rochester, N.Y.