Finance & Investment
Paredim Lands First Stamford Luxury Community
The company purchased the property for $33 million from Sentinel Real Estate.
Greystone Secures $5M Refi for DC Community
The owner invested more than $1.5 million in environmentally friendly improvements in the past years.
NYC Acquisition Fund Turns 10
The fund started as a financing tool for real estate developers facing the rising cost of land on top of a growing need for affordable housing in New York City.
HFF Secures Financing for 379-Unit Community in Houston
The property also boasts a retail component totaling 22,599 square feet.
Freddie Mac: Top 10 Multifamily Lenders in 2016
Freddie Mac announced the 10 lenders that generated the most multifamily financing volume with the company in 2016.
NJ Apartments Sell for $100M
The 642-unit property includes a mix of one-bedroom units ranging from 500 to 555 square feet, and two-bedroom units that measure 675 to 725 square feet.
New Details Emerge for DTLA’s Circa
The $500 million community will include 648 luxury rental units in two 35-story towers set on a seven-story podium, along with 48,000 square feet of retail space.
Swedish Investor Makes First US Foray
Contentus proved there is still robust demand from international investors by acquiring Town University Luxury Apartments in Davie, Fla.
PRG Makes Fourth Lexington Acquisition
The company bought the 208-unit Resort at Lake Crossing for $22 million.
Capital One Survey Sees Mixed Expectations for 2017
Nearly half of the industry professionals polled think demand will outstrip supply.