Finance & Investment
Top 10 Largest Multifamily Deals in Salt Lake City
A list of the most considerable transactions to have taken place in Utah’s largest city year-to-date, emphasizing strong investor interest in the metro.
RADCO Expands SC Footprint With $30M Buy
The company has acquired and rebranded two properties offering a combined 300 units in one of Charleston’s fastest-growing submarkets.
Roseland Residential Secures $131M for Jersey City Community
New York Life Real Estate Investors arranged the eight-year fixed-rate loan for Marbella Apartments in New Jersey. The 412-unit tower offers access to a spa, a dog run and a full service concierge.
Timberland Partners Sells Omaha Community
Vukota Capital secured a $24.7 million bridge loan to acquire and renovate Legacy Crossing, a 408-unit garden-style property in the city’s North Central submarket.
LA-Area Affordable Senior Housing Lands Refi
The 114-unit community dates back to 2002 and is available for 55-plus residents, earning 60 percent of the area median income.
Upstate NY Community Commands $59M
At 761 units across four buildings, Siara Management‘s Nob Hill Apartments is one of the largest communities in Syracuse, N.Y.
Gelt Nabs 2 San Antonio Properties
The adjacent communities include the 288-unit Barcelo and the 300-unit Melia. Both include swimming pools, grilling stations and business centers.
Financiers Detail Rising-Rate Risks, 2018 Performance
Will the second half of the year hold a candle to the first? Top lenders and mortgage brokers list the trends they’re watching and the challenges that lie ahead.
Are You Ready for the Next Storm?
If there is one lesson learned from the last storm season it’s that disaster preparedness has become central to our industry’s operations, from the property level to the C-suite.
Pathfinder Partners Grows in CO
The purchase of Verona Park in Aurora marks the firm’s eighth investment in the Denver area. The 119-unit community offers 13 laundry facilities and 290 parking spaces.