News
Sacramento’s Rent Growth Slows, Job Market Still Shines
Sacramento’s multifamily market continues to gain investor interest, especially for its value-add opportunities, while development maintains its pace, according to a recent report from Yardi Matrix.
An Insider’s View of the Student Housing Business
Campus Advantage’s Michael Orsak and Josh Greenleaf discuss the best markets to invest in and their expectations from the sector going forward.
Brooklyn Tower Lands $380M Refi
Natixis arranged the loan on behalf of Douglaston Development for Level BK, a 40-story property located along the Williamsburg waterfront. Luxury amenities include an indoor/outdoor pool, a 24-hour business center and a furnished roof deck.
Oak Coast, BMC Investments Expand Denver Portfolio
The $78 million acquisition of St. Moritz Apartments is the sixth purchase the investment team has made together in the market.
HFF Lands $121M Financing for CA Development
Anton DevCo’s community, scheduled for completion in 2020, will include 266 units, 372 parking spots and 1,800 square feet of retail space.
Berkadia Brokers Fort Myers Community Transaction
Senior Managing Director Mitch Sinberg, Associate Director Matt Robbins and Director of Operations Jared Hill secured a $38.2 million Freddie Mac loan for the $55 million sale of Fountains at Forestwood.
Sherwin-Williams Presents New Primer
Being easily sanded to a uniform surface, Extreme Block adheres to multiple substrates, including wood, drywall, masonry and prepared metal.
Berkadia Arranges $509M for Single-Family Rental Portfolio
The owner, Front Yard Residential, has invested more than $125 million in maintenance and repairs to rehabilitate the assets. The properties comprise 4,813 units across 12 states.
On the Market: 5 Interesting Listings for the Week of 8/6
This week’s selection of listings includes a garden-style community in the Phoenix area, a recently renovated Seattle asset and more.
Staying Ahead of the Property Management Curve
Niall Byrne, president of Inland Investment Real Estate Services, discusses how managers can harness technology to retain residents and reveals the biggest opportunities in the business.