News
Multifamily Investment: What Fuels Albuquerque’s Climb?
With employers such as Facebook, Netflix and NBC Universal moving in, the metro is becoming attractive for young professionals. HiCap Management’s Joseph Baum and Benjamin Sandel offer insights into this dynamic market.
Halfpenny Management Picks Up Lehigh Valley Community
Birchwood Commons, a 96-unit residential property in Bethlehem, Pa., was completed last year. A Berkadia team orchestrated the sale and arranged the acquisition financing.
Miami Community Scores $24M Construction Loan
The planned 192-unit apartment building will rise in the Allapattah neighborhood. Berkadia secured the 3-year, floating rate loan for the future development.
Why Invest in Orlando’s Multifamily Market
Investcorp Managing Director Herb Myers shares his thoughts on what drives demand in Orlando, a growing market, as well as his predictions on investment trends going forward.
KETTLER Pays $119M for Raleigh-Area Apartments
Pacific Life Insurance provided the buyer of the newly completed 493-unit Class A multifamily asset with $76 million in acquisition financing.
Terra Group Scores $91M Refi for South Florida Community
The recently completed, 387-unit luxury property forms part of Pines City Center, a master-planned village in Pembroke Pines.
$80M Luxury Project Coming to St. Louis Metro
NorthMarq arranged $54.5 million debt and joint venture equity financing for the construction of Wildhorse, an upscale mixed-use property in the St. Louis suburb of Chesterfield, Mo.
Wilson Electronics Launches New Cellular Amplifiers
The enterprise products boost cell signals for commercial buildings, including multifamily properties, using a multi-port configuration to improve indoor coverage for residents.
Newmark Knight Frank Closes $59M Orlando-Area Sale
Senior Managing Director Scott Ramey and Executive Managing Director Kevin Judd represented Centennial Holding Co. in the disposition of the 304-unit luxury community.
Seattle-Area Community Commands $56M
RISE Properties Trust and Aegon Real Assets US partnered to acquire the 236-unit property in Federal Way, south of Seattle, with plans to restore and reposition the aging property.