News

FCP Expands Orlando Footprint With $25M Buy

The company’s purchase of the 208-unit suburban community brings its Florida holdings to more than 2,700 units.

Boston Multifamily Market: Secondary Locations Gain Popularity

Walker & Dunlop’s Travis D’Amato sheds light on how Boston investors and developers are shifting their strategies to stay above rising costs.

Berkadia Secures $68M Loan for Cleveland Community

Director Dan Geuther arranged the Freddie Mac loan on behalf of Midwest Development Partners, the developer of Centric Apartments.

Queens’ T-Building: From Hospital to Affordable Housing Community

Dunn Development Corp. has started work on transforming the historic structure into a 200-unit affordable housing property, slated for completion in 2021.

Capital Square Scores $225M Financing

Walker & Dunlop assembled the debt package for five apartment communities across Virginia.

KeyBank Arranges $33M Fannie Mae Loan in North Carolina

The company worked on behalf of RK Properties for the acquisition of a 292-unit multifamily community.

Pacifica Cos. Sells North Carolina Community

Capstone Apartment Partners brokered the nearly $17 million sale of the 299-unit multifamily asset in Greensboro.

Stuart Boesky, CEO, Pembrook Capital Management. Image courtesy of Pembrook Capital Management

Pembrook CEO: Affordable Housing Can Be Top Performing

Stuart Boesky, CEO of Pembrook Capital Management, explains how affordable rental housing can be a successful investment, even in times of economic distress.

Apple Commits $2.5B Toward California Housing Crisis

The comprehensive plan, which will focus on the Bay Area, is the latest pledge in a year of big tech committing big bucks toward housing issues.

Senior Living Portfolio Scores $285M Refi

Prime Care Properties received the bridge loan for a collection of 13 facilities totaling nearly 1,500 units.