News
TODAY’S DEALS: Ivanhoé Cambridge, Veritas Buy Big in San Fran
Ivanhoé Cambridge and Veritas acquire 11 communities; Capital One refinances an L.A. skilled nursing portfolio; and Berkadia originates a loan for a multifamily property acquisition in Arizona.
Greystone Makes Controversial Park Slope Purchase
Greystone takes on former owner with its purchase of a Brooklyn development.
ResiModel Announces Additions to Clients
ResiModel announced that it signed a number of new high-profile clients during the closing months of 2014.
MassHousing’s $66M Financing Strategy
Why MassHousing provided $66 million for an affordable seniors community.
Economy Watch: Are Millennials Key for the Recovery of the Single-Family Market?
The single-family market is improving, but at a slow pace. Could Millennials aid in the recovery?
$15M New Multifamily Community 100 Percent Leased
Housing Trust Group announced the opening of Village Place Apartments, a $15 million, 112-unit mid-rise apartment development that is already 100 percent leased.
Acquiring and Rebranding a 350-Unit Community
A joint venture of Carroll Organization, a privately held multifamily investor; a W.P. Carey’s non-traded REIT; and Silverpeak Real Estate Partners has acquired Pinnacle Ridge, a 350-unit apartment property in Durham, N.C.
Pillar Announces Top Hires to its Originations Department
Pillar, a Guggenheim Partner affiliate and provider of financing solutions for affordable multifamily properties, has added four new executive hires to the team.
Today’s Deals: NorthMarq Capital Secures $52M in Financing for 20 Years
A finance company secures $52 million for a multifamily property, and other deals of the day.
New York and Brooklyn Multifamily Prices are Rising. Here’s Why.
Halstead Property Development Marketing has released the industry’s first-ever comprehensive report analyzing new development sales market data and sees continued robust pricing in the new development market for both Manhattan and Brooklyn in 2015.