News

Economy Watch: CRE Lending Continues to Thrive, According to ABA Survey

The most active asset classes—accounting for 62 percent of banks’ total CRE portfolios—are multifamily, office and retail.

Riverwalk Apartments, Eugene, Ore.

HFO Investment Real Estate Brokers $43M Multifamily Deal in Eugene MSA

The 272-unit apartment community in Portland, Ore., was acquired by a California-based investor.

The Grande-Sarasota, Fla.

Kolter Group Announces Ultra-Luxury Residential Tower in Sarasota

The Grande, an ultra-luxury 18-story residential tower overlooking the waterfront, is planned to break ground in Sarasota, Fla., next spring.

NC Apartments Obtain Refi from Freddie Mac

The 88-unit building was constructed in phases from 1966 to 1978 and acquired by the current owner in 2001.

Grandbridge Provides Financing for Three Texas Communities

The initial funding is part of a Fannie Mae master credit facility agreement for Camden Multifamily Value Add Fund LP.

13th Floor Homes Breaks Ground and Launches Sales on 239-Unit Single Family Home Community in Tamarac

13th Floor Homes recently broke ground and launched pre-construction sales on Manor Parc, a family-friendly residential community located in Broward County.

Economy Watch: Why Hasn’t Low Gas Prices Stimulated Retail Sales?

The price of oil has been relatively low since mid-2014, and so has the price of gasoline, despite a small uptick in recent weeks. So where’s the boost in consumer spending?

Tampa Apartment Trades in 1031 Deal

The property consists of one two-story residential building and is fully occupied.

282-Unit Upscale Luxury Apartment Community Breaks Ground in Boca Raton

The estimated cost of the community is $71.5 million, which will also include a retail component.

Austin - The Park at Stone Creek

The Park at Stone Creek, Mission Hills Sold Through ARA Newmark

Both properties, totaling 764 units, are located in the Central Business District.