News
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.
Kidder Mathews Brokers San Diego-Area 1031 Exchange
Multifamily investment brokers Jim Neil, Eric Comer and Merrick Matricardi represented the buyer in the transaction involving a 26-unit apartment building in Clairemont, Calif.
Solid Supply Impacts Occupancy in St. Louis
St. Louis continues to be one of the most affordable markets in the U.S. However, workforce housing is lacking and inventory expansion is placing pressure on occupancy.
Fundrise, RSE Capital Initiate $500M Opportunity Fund
The fund will enable the online purchase of shares in opportunity-zone projects. The initiative was possible after the new federal tax law introduced the Opportunity Zones program that provides tax incentives for long-term investment in designated areas.
CBRE Brokers Houston-Area Community Sale
Senior Vice Presidents Clint Duncan and Matt Phillips represented seller Investors’ Property Services in the disposition of the 576-unit Madison Park Apartments, while Executive Vice President Michael Thompson arranged the financing.
Brick Lane Picks Up SC Community
The buyer financed the purchase of the 76-unit townhome property in North Charleston with a 10-year Freddie Mac mortgage.