News
WNC & Associates Hires New SVP
Ann Caruana will be in charge of the company’s preservation equity funds product line, while also finding, underwriting, negotiating, financing and closing deals.
Health Care, Tech Drive Growth in Indianapolis
The pool of talent coming from local universities, along with a reasonable cost of living and doing business, continues to attract residents and employers to the area, boosting multifamily demand.
Pensam Trades San Antonio Community
Triago Ventures financed the acquisition of the 288-unit multifamily value-add property with a $25 million loan originated by Walker & Dunlop.
Gladiator Enters the Ring in SC
The firm acquired the 272-unit community in Columbia from RealSource for nearly $25 million, with the new owner taking a $14.2 million Freddie Mac acquisition loan.
Walker & Dunlop Structures $54M in Financing for FL Portfolio
The lot includes five garden-style properties and 1,104 units in Jacksonville. The communities feature pools, fitness centers and leasing centers.
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.