News

Mission Rock Adds 1,044 Units to Management Portfolio

The Denver-based company has expanded in the Colorado, Arizona and Nevada markets.

Villas at Holly

Triumph Enters Denver Market

The company acquired Villas at Holly, 143-unit community, for $26 million.

Economy Watch: CRE Investors to Keep Up Buying in ’17

Investor appetite for non-core assets increased significantly in 2017, with industrial replacing multifamily as the most attractive asset type, according to CBRE’s recent investor intentions survey.

Capstone Adds 5 Texas Communities to Management Portfolio

The properties encompass 823 units and are in Houston, Ingleside and El Paso, Texas.

Forum at Denton Station, Denton, Texas

Arrimus Buys Student Housing Community, Adds Partner

In a deal arranged by CBRE, the company paid $63.7 million to acquire the Class A asset to acquire the Class A asset in Denton, Texas, from Parkland Development.

Apple Creek, Georgetown, Texas

HFF Facilitates Acquisition Financing for Apple Creek

At the time of the deal, the asset was 98 percent leased.

Infographic: US Secondary Markets See Record Multifamily Investment

Led by the West, secondary markets saw a 16-year high in multifamily investment during 2016.

Walker & Dunlop Facilitates $222M Refi Ahead of Rate Increases

The private borrower used the IRR program to obtain lower interest rates on 30 existing HUD loans backed by senior living and healthcare properties.

Josh Schuster, founder & managing principal of Silverback Development

JV to Bring Luxury Condos to Manhattan’s Gramercy Park

The first development for Silverback will be a 13-story, 80,000-square-foot building housing 60 units.

Hunt Mortgage Expands Buffalo Team

The company opened a new production office in upstate New York, bringing on Zach Casale to oversee local operations.