Finance & Investment

Sheraton Orlando North Acquisition Marks Sixth Acquisition for Waramaug, Interstate JV

Waramaug Hospitality and Interstate Hotels & Resorts have recently closed on the purchase of their sixth property as joint venture partners, the Sheraton Orlando North Hotel.

Miami Still King to International Homebuyers

Although foreign buyers seem to be slightly less interested in Miami properties compared to the year before, Miami retains its spot as the most sought-after destination by international home buyers.

Detroit’s Quicken Loans Is the No. 1 Place to Work in IT

Computerworld, an online publication that provides technology news and information for information technology leaders, has recently revealed its annual “100 Best Places to Work in IT” list, a comprehensive report that recognizes a company’s core culture such as employee benefits, diversity, career development, training options and retention efforts.

Denver Office of Economic Development Releases In-Depth Study Analyzing Denver’s Potential to Become a National Shopping Destination

By Gabriel Circiog, Associate Editor The Denver Office of Economic Development recently released a comprehensive retail study which explores Denver’s potential to become a national shopping destination. Prepared by retail consultant Economic & Planning Systems, The Denver Retail Conditions and Opportunities Study features an in-depth analysis of the current Denver retail market as well as […]

APARTMENT MARKET STATISTICS: June 2013

Bank lending increased across the board for multifamily properties and income-producing commercial real estate, according to Chandan Economics. Overall, the recent permit numbers have been strong enough to support a five-plus starts rate in range of 285,000 over the next couple of months, stated the National Association of Home Builders.

APARTMENT MARKET STATISTICS: May 2013

The prices of multifamily housing shot up to an average of $115,954 per unit in the fourth quarter, according to CoStar/PPR. Marcus and Millichap’s statistics for the nation’s top apartment markets show average rent increase of 3.0 percent in the fourth quarter.

Walker & Dunlop Honored with Top Awards by Fannie Mae

Walker & Dunlop, Inc. announced that it received two top awards at the 2013 Fannie Mae DUS® Meeting in Washington, D.C., for deals closed in 2012.

Greystone Funds $6 Million Acquisition of Portsmouth M-F Complex

Greystone, a financial services and private investment group with headquarters in New York, announced this week it has closed on a $6 million Delegated Underwriting and Servicing loan from Fannie Mae. The loan will be used for the acquisition of Cedarfield at Churchland Apartments in Portsmouth, Virginia.

Freddie Mac Approves Greystone as Designated Seniors Housing Seller/Servicer

Greystone, a national provider of multifamily and healthcare mortgage loans, today announced that it has been approved as a National Senior Housing Seller/Servicer by Freddie Mac to originate and service multifamily seniors housing loans nationwide.

Arbor Expands CMBS Lending Platform with Appointment of Three Industry Veterans

Arbor Commercial Mortgage announced the second phase expansion and development of its CMBS and Syndication platform with the addition of three industry veterans.