News
Kentucky Senior Community Lands $36M Refi
Bellwether Enterprise arranged the Fannie Mae first mortgage loan for the 167-unit property in Lexington.
Seattle-Area Community Scores $23M Refi
NorthMarq secured the Fannie Mae loan for the third phase of the 486-unit property.
Co-Living’s Reaction to the COVID-19 Pandemic
Shared housing operators found different ways to fight against the spread of the virus and, at the same time, serve residents and health-care workers. Here are some of their strategies.
Florida Multifamily Asset Changes Hands Amid Challenging Times
The coronavirus pandemic required Broadshore Capital Partners to display creativity in closing its $37.1 million acquisition of a Jacksonville rental property.
Berkadia’s Head of Affordable Housing on Rent Control
David Leopold discusses the impact of rent regulation on the industry and shares a few solutions to expand the affordable housing inventory.
Court Strikes Down Part of New York’s Rent Law
In a win for landlords, New York’s Court of Appeals issued a decision centered on rent overcharge claims.
Jefferson Apartment Group Sells Suburban Boston Community for $104M
The 262-unit community was acquired by a Salt Lake City-based REIT.
San Diego Workforce Housing Portfolio Grabs $59M Refi
Union Bank provided the 10-year, fixed-rate loan for the five recently renovated communities.
CCPA Compliance Challenges Multifamily
California’s new consumer privacy act sends ripples across marketing efforts nationwide.
Fannie, Freddie Raise Reserve Requirements as Loan Standards Tighten
Meeting the higher standards for reserve capital is likely to be a tall order for many borrowers, reports Paul Fiorilla of Yardi Matrix.