News
TODAY’S DEALS: HFF Arranges $150M for Manhattan High-Rise
HFF announced that it has arranged $150 million in financing for the Madison Belvedere, a 50-story, 404-unit, Class A multi-housing property near Manhattan’s Madison Square Park; and Walker & Dunlop provides a $53 million Freddie Mac loan for a mixed-use property
Economy Watch: Home Prices Continue Upward Trajectory
More evidence that the housing market is in recovery mode.
B.H. Properties Acquires Terrace Park Apartments in Phoenix
Los Angeles-based commercial real estate investment firm B.H. Properties LLC has purchased Terrace Park Apartments in Phoenix.
MHN Interview: Is Investment Fatigue on the Horizon for Multifamily Development?
How is the state of development in multifamily, particularly in the Southeast? MHN talks to Summey Orr, managing partner, Hartman Simons, about development trends and why fewer new investors are coming to the market.
Where Tech Meets Touch
Cooper Square Realty’s hands-on learning center teaches multifamily maintenance.
SoCal Master Planned Community Trades Hands
Toscana, a 960-acre site of a master planned community south of the city of Corona in Riverside County, Calif., has traded hands. The plan for the site calls for a mix of single-family and multifamily residences.
TODAY’S DEALS: Carroll Organization Acquires Properties in Florida, Georgia and Tennessee for $102.5M
Carroll Organization, along with investment partner NorthStar Realty Finance Corp., has acquired four multifamily properties; and BH Properties purchases a Phoenix property for $6.2 million.