News
Yardi Introduces Mobile Leasing Tool for Tablets
In today’s increasingly mobile world, prospects and residents are looking for communities that utilize innovative technology
Yardi and G5 to Offer Multifamily Digital Marketing Solution
The Yardi/G5 offering converts searchers into prospects, prospects into residents, and residents into brand advocates
Slate Creek Apartment Complex Ready for Residents
By Camelia Bulea, Associate Editor Slate Creek at Westover Hills, a joint development by locally based firms Hurd Urban Development (HUD) Ltd. and Embrey Partners, has recently opened for residents. The 241-unit complex is located on 14.86 acres in the master-planned community Westover Hills. The Class A community includes amenities like a dog park, a […]
Is Multifamily Too Hot?
At the recent ULI and NMHC meetings, if there was one question on everyone’s mind it was whether the market is becoming overheated.
Berkeley Point Capital is Growing its Loan Origination Team with the Recent Hire of Bill Mott
Bill Mott recently joined Berkeley Point Capital LLC as a Managing Director in its Bethesda, Md. location.
NAREE Special Report: Housing Demand Grows; Will Supply Follow?
If there are two points economists during the NAREE conference agreed on, it was that housing demand is growing in the face of short supply and that the extent varies at a local level, from submarket to submarket around the country.
TODAY’S DEALS: IPA Lands Listing Rights for Long Beach Asset
IPA lists a 206-unit property; NorthMarq Capital arranges a $21.1 million construction/perm loan and $10.2 million in joint venture financing for Dallas property; and Hudson Realty Capital funds a $6 million construction loan in Brooklyn, N.Y.
Kennedy Wilson Buys SoCal Multifamily Property for $43.7M
Kennedy Wilson, along with unnamed partners, has acquired Torrey Pines, a 251-unit multifamily property in West Covina, for $43.7 million.
Walker & Dunlop Closes Loan for California Apartment Community
Walker & Dunlop recently closed a $74.4 million Fannie Mae supplemental loan for Bella Vista Apartments, a Class A apartment community in Santa Clara, Calif.
Endeavor Real Estate Group and LYND Secure Equity for JV Development in Texas
Endeavor Real Estate Group, an Austin-based commercial owner/developer, and LYND, a San Antonio-based multifamily owner/developer, have secured equity for their mixed-use joint venture development, currently known as 3 eleven Bowie. The project, located in downtown Austin, is a 36-story high-rise comprised of 359 luxury rental residences along with roughly 42,000 square feet of office and 3,000 feet of street level retail. Equity is being provided by an institutional investor that is being advised by Dallas-based L&B Realty Advisors, LLP. The project marks LYND’s second such development with L&B acting in an advisory capacity. Terms were not disclosed. 3 eleven Bowie…