News
Centerline Capital Unveils New Healthcare Lending Platform
Centerline Capital Group has announced the addition of a national healthcare lending platform. The new program will fund a variety of multifamily healthcare related projects such as community-based residential care, assisted living, memory care and nursing homes.
TODAY’S DEALS: Marcus & Millichap Arranges $14.2M Sale in LA
Marcus & Millichap represents the private buyer and seller in a 71-unit sale; Heritage Capital enters a value-add play in Charlotte; and Eastern Consolidated arranges the sale of a mixed-use property in Tribeca.
Wood Partners Opens North Carolina Apartment Property
The Bristol is now leasing in Morrisville, N.C. The 260-unit property was developed by Wood Partners as part of Park West Village, a 100-acre mixed-use development.
Hartz Buys 266-Unit Apartment in Austin
CBRE represents Hartz Mountain Industries in the acquisition of a 266-unit apartment in Austin’s central business district.
Economy Watch: Retail Sales Drop in January
Census Bureau says retail sales are down month-over-month, but up year-over-year. In addition, the MBA reports a 35 percent increase in January single-family sales from December.
Research: Cautious Optimism
Mortgage bankers continue to see good things coming for 2014. This optimism is bolstered in part by increased certainty in the lending environment.
Case Study: 75 Wall
Meet the Hakimian Organization’s 75 Wall-Residences Atop Andaz. This case study examines the lessons learned from the office-to-condo conversion in Manhattan’s FiDi.
Finance: Trend Watch
Players in the capital markets agree that the multifamily sector seems to be on solid footing, with even better years ahead. But there are always undercurrents to be aware of. What major trends are mortgage bankers watching?