Finance & Investment
TODAY’S DEALS: ACC Grabs 836 Beds
American Campus communities adds 836 beds; Hunt Mortgage Group closes two refinancings in Arizona; and Preferred Apartment Communities proves bullish on Houston.
TODAY’S DEALS: Vulcan Completes Another South Lake Union Sale
J.P. Morgan grabs a mixed-use asset from Vulcan; Gebroe-Hammer brokers the $36 million sale of a New Jersey asset; and Hunt Mortgage refinances two multifamily properties.
APARTMENT MARKET STATISTICS: February 2015
The prices of multifamily properties sold fell to $144,149 per unit in the third quarter compared to $124,768 in the previous quarter, reports PPR, a Costar company.
Crowd Pleasers
Early adopters are poised to benefit most from a growing crowdfunding industry.
REIT Advantage
REITs are turning to development and low-cost financing in the competitive marketplace.
TODAY’S DEALS: Stockbridge Makes a Statement in Seattle
Vulcan sells a LEED Gold property for $138.2 million in Seattle; Hunt provides $8.4 million for an Orlando acquisition; and Greystone closes the first Fannie Mae M-PIRE mortgage loan.
Fannie Mae Names Walker & Dunlop Top Lender for 2014
For the third consecutive year, Walker & Dunlop Inc. was named as the top Fannie Mae DUS Lender by volume.
Why Manhattan Condos Are Achieving Record High Prices
According to StreetEasy Data, at the end of the final quarter for 2014, Manhattan condo prices reached a record high.
Fannie Mae and Its Lenders Finance $28.9 Billion in 2014
Fannie Mae provided the multifamily market with $28.9 billion in financing in 2014, working with finance partners to finance 446,000 units of multifamily housing.