News
MG Properties Pays $52M for Seattle-Area Asset
HFF arranged a $41.3 million Freddie Mac loan for the purchase, which marks the firm’s 10th acquisition this year.
Market Pulse for October 2016
Market Pulse section compiled by Suzann Silverman. To comment, email ssilverman@cpexecutive.com. Multifamily Starts: Housing starts of buildings with five or more units rose by 8.3 percent over the month of July 2016 to a seasonally adjusted annual rate of 433,000. This is the highest level of five or more unit housing starts since September 2015. The month-over-month increase in July is the fourth consecutive month of recorded gains. Over this four-month period, from April to July, starts of buildings with five or more units rose by 22.7 percent. Measured at a seasonally adjusted annual rate, the average number of housing…
Trinsic Residential Wins Financing for Houston Apartments
HFF placed the seven-year, floating-rate loan through Freddie Mac.
Hines Sells Community in Disney Master-Planned Neighborhood
Southstar Capital Group purchased Aviva at Celebration, the newest addition to the Town of Celebration community.
NMHC Special Report: Cloudy Election Forecast
Panelists at the NMHC Fall Meeting shared their views on the election, GSEs and more.
Marcus & Millichap Closes on $30M Deal in Tampa
Hunt Mortgage Group provided the acquisition loan for the four-property multifamily portfolio within the University and Temple Terrace submarkets.
Economy Watch: Negative Signals for the Economy
A number of new datapoints this week show a somewhat unfavorable picture for the U.S. economy as we near the end of 2016.
Mixed-Use Hollywood Property Finds New Owner
An affiliate of Champion Real Estate Co. sold the property for $23.3 million.
George Smith Partners Secures Loan for New Mid-Market Project
The Financial District condominium project will cater to entry-level buyers.
Monument Taps New Regional Manager, Expands in South Florida
Brandon Skinner joins the Miami-based company as the firm adds 1,205 units to its management portfolio.