News

RMK Management Takes on 2 Chicago-Area Communities

The properties are located in the Windy City’s South Loop neighborhood and the southwest suburb of Clarendon Hills, Ill.

NXT Capital Arranges Refi for Kansas City-Area Property

The loan will be used for Promontory Apartments, which is part of a larger redeveloped retail center in Overland Park, Kan.

Lexerd Expands North Carolina Footprint

The firm’s purchase of Ashford Lakes in Hillsborough, N.C., represents its second investment in the area.

Seattle Multifamily Report – Fall 2019

Good demographic trends have strengthened the market and pressured developers to keep up with demand.

Greysteel Brokers Sale of DC Affordable Senior Community

President & CEO Ari Firoozabadi and Director Henry Mathies acted on behalf of the seller and also procured the buyer of the 60-unit building.

Hines Exits Las Vegas Multifamily Market in $80M Deal

The seller had purchased the 308-unit suburban community four years earlier for $58.2 million.

McCann Realty JV Buys 853 Units in Richmond

DRA Advisors is the former owner of Trails at Short Pump Apartment Homes and Villages at West Laurel Apartments & Townhomes.

South Nashville Class A Community Scores $47M Refi

The new loan from Ares Management retires previous Fannie Mae financing taken for the 359-unit multifamily asset.

Short-Term Rental Options for Multifamily Operators

The five-page report from D2 Demand Solutions breaks down the six STR business models.

NorthMarq Acquires Houston-Based CRE Firm

The firms will merge offices in Texas’ biggest city, with KDH bringing a nearly $2 billion loan servicing portfolio to the newly combined company.