News
Economy Watch: Apartment Supply, Rents Will Continue to Grow in 2017
Continued employment growth will buoy a strong year for the apartment industry in 2017, according to a new Berkadia market forecast.
JV Secures $150M Construction Loan for Queens Tower
AIG is providing the financing for the luxury community, which is set to open in early 2018.
Detroit High-End Mixed-Use Development Opens
Broder & Sachse Real Estate and Woodborn Partners are calling the property “something totally new” for the city.
Passco Acquires $50M Luxury Community in FL
The 282-unit Marisol at Viera is the company’s third Florida purchase in 2016.
Port St. Lucie’s Apex Prima Vista Changes Hands for $38M
Bluerock Residential Growth REIT acquired the 320-unit property in Florida through a joint venture with the Carroll Org.
JV Acquires 180-Unit Atlanta Community
This is the first asset Bell Partners and Hansainvest obtained with their HANSA US Residential Fund.
Hunt Mortgage Partners Secures Financing for VA Affordable Housing
The loan has an 18-year loan term, with two-years interest-only payments and a 35-year amortization schedule beginning in year three.
Bascom Acquires Pebble Cove Apartments in Las Vegas
The property is 90-unit garden-style community.
BrightStar Senior Living to Open Second WI Location
The assisted living and memory care facility is slated to open in early 2018.
Cohen Financial Lends a Helping Hand in Oregon
The company secured two refinancing loans for the Salem properties.