News

TODAY’S DEALS: Berkadia Secures $107M in Multi-Layered Financing for Portfolio of Las Vegas Properties

Berkadia Commercial Mortgage arranges $102.9 million in financing for Angelo, Gordon & Co. and Interwest; Gelt Inc. wraps up its first purchase in Utah; and Wells Fargo provides $26 million for a mixed-use development in Raleigh, N.C.

Lowe Enterprise Investors JV Acquires Boulder, Colo., Community

Lowe Enterprise Investors has announced the acquisition of a 161-unit garden-style community in Boulder, Colo., in a joint venture with an unnamed investment client.

Fixed Versus Floating

There may still be benefits to selecting adjustable-rate, not fixed-rate, mortgages.

LDG Development Breaks Ground on 433-Unit Affordable Housing Community in Austin

LDG Development has broken ground on The Pointe at Ben White and The Villages at Ben White, a 433-unit neighborhood with garden-style apartment homes in Austin, Texas, designed for working families and those 55 and older earning 60 percent of Austin’s area media income.

Destined for Greatness

HHC uses multifamily to create walkable urban centers within its famed communities.

The Motor City’s New Ride

A look at Detroit’s multifamily market.

EXPO Real Special Report: Redeveloping Cities in the Age of the Startup

Speakers from Lisbon, Zurich, Birmingham and Barcelona revealed a growing trend in Europe’s markets: nurturing innovation and businesses created inside the city as a supplement to the constant need to attract established investors.

Bike Fixation’s Public Toolbox Keeps Tools from Walking Away

One problem with the public bike repair shop is sticky fingers. As any home bike mechanic knows, these tools are not cheap.

Economy Watch: Mortgage Delinquencies Edge Up, Foreclosures Down

Black Knight Financial Services reported in its latest Mortgage Monitor that 5.9 percent of U.S. mortgages were delinquent in August, up from 5.64 percent in July.

Akara Ready to Start Work on New Chicago Condos

Akara Partners, a locally based developer, is on the verge of breaking ground on 100 W. Huron St. in Chicago’s River North neighborhood, just north of downtown Chicago.