News

Economy Watch: Another Official Talks of CRE Froth

The Office of the Comptroller is pressing banks to tighten up loan terms to property developers, and toward that end recently reissued its guidance on how banks should approach CRE lending.

885 10th Avenue , New York

Upgraded Mixed-Use Property in Midtown Manhattan Lands New Owner

A 36-unit mixed-use building, located in the core of Manhattan, was sold after extensive renovations.

Mohawk Apartments in Brooklyn

Akelius Shells Out $56M for Historic Multifamily Community

The company acquired a six-building multifamily property in Brooklyn for $56.5 million, following a competitive bidding process.

Mystic Place interior, Medford., Mass.

$55M Financing for Mixed-Income Community Close to Downtown Boston

Rockport Mortgage arranged the HUD 223(f) refinance of the 465-unit Mystic Place Apartments on behalf of a WinnCompanies affiliate.

More Than 1,100 New Boston Apartment Units Approved

Three large mixed-use residential developments in a number of Boston submarkets.

Miss the 2016 Mid-Year Outlook by Yardi Matrix?

You can still watch this information-packed webinar on market conditions, featuring Yardi’s Jeff Adler and Jack Kern.

Terwilliger Pappas, Clarion to Develop $64M Nashville Community

Terwilliger Pappas Multifamily Partners is making its debut in Nashville with the upcoming development of a 271-unit apartment community in North Gulch.

Post Brothers Celebrates Opening of Sora Pool Club at Presidential City

Presidential City, the largest apartment redevelopment project in Philadelphia, has unveiled its highly anticipated 5-acre resort and recreational area.

Transwestern Develops Austin Micro Units

The 139-micro-unit community will be built on nearly half an acre and will include a 2,500-square-foot restaurant space.

Yardi Canada Opens Housing Portal for Fort McMurray Wildfire Evacuees

Managers and owners have stepped up to provide shelter to those affected by the Fort McMurray wildfire.