News
Mack-Cali, Ironstate Break Ground on Jersey City High-rise
Mack-Cali Realty Corporation and joint venture partner Ironstate Development Company broke ground in mid-January on URL Harborside 1.
TODAY’S DEALS: Cohen Financial Arranges $9,89M+ in Fannie Mae, CMBS financing
Cohen Financial’s Dan Rosenberg secured a total of $9.894 million to refinance two multifamily properties; and Marcus & Millichap brokers a seniors housing sale for $33 million.
Market Report: Ones to Watch
Three multifamily experts share their top 10 markets to watch in the year ahead
Balfour Beatty Joins DOE’s Better Buildings Challenge
Balfour Beatty Communities L.L.C., a multifamily development and management specialist, has opted to participate in the U.S. Department of Energy’s (DOE) and HUD’s Better Buildings Challenge
Marcus & Millichap 2014 Outlook: Refinance Now, Look to Value-Add
Long term fundamentals for the apartment industry are looking strong according to Marcus & Millichap’s 2014 Apartment Market Outlook.
Eastern Union Shatters Own Expectations in 2013
Eastern Union Funding closed 2013 with a 60 percent increase in volume over 2012, falling slightly short in 2013 of the $2 billion mark. Another nine figures are in the pipeline for first quarter 2014.
Washington D.C. Market Snapshot: Apartment Stock Poised to Rise in 2014
Apartment performance in the Greater Washington, D.C. area could lag this year, as the booming construction hits right at a time when the metro’s job market is cooling down.
Economy Watch: Building Confidence Ticks Down
Homebuilders are still fairly confident about their industry, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index.
Solar Lighting Communicates As It Illuminates
Technological advances has meant that solar-powered lights are now a viable, cost-efficient and attractive alternative for use in parking lots and other outdoor areas of multifamily properties.
TODAY’S DEALS: George Smith Partners Secures $70M Cash-Out Refinance for Downtown LA Property
George Smith Partners provided financing for the takeout of a maturing construction debt; and Edgewood Capital supplies $2.15M for acquisition of non-performing loan.