News
Madison International Acquires Stake in Florida Student Housing
New York–Madison International Realty has acquired an 80 percent equity interest in a portfolio of two student-housing communities in Gainesville and Tallahassee, Fla., for $30 million.
TODAY’S DEALS: Federal Capital Partners Lands $81.5M Refi for D.C. Community
Federal Capital Partners secures an $80.5M refinancing for a Washington, D.C., community; Kennedy Wilson, LeFrak JV closes $46.4M in refinancing for two multifamily properties; and NorthMarq Capital arranges a construction loan and tax credit bridge facility.
Colliers International Expands D.C. Operations
Washington, D.C., and Seattle–Colliers International has expanded its metro Washington, D.C.-based operations by launching a new office and introducing a regional property management practice.
Whirlpool and Greystar Sign Appliance Agreement
Benton Harbor, Mich.–Whirlpool Corporation and Greystar Real Estate Partners have announced a new joint national appliance program.
Affordable Housing TOD Planned for Denver
Denver–The Urban Land Conservancy has bought land along Denver’s FasTracks Southwest light-rail corridor to develop an affordable, mixed-use transit-oriented development called Evans Station Lofts.
‘On the Ground’ with Eric Brown: How Are You Treating Your Best Residents and Prospects?
As you nurture and grow your digital footprint, the dynamics change. What you did to attract the fans and followers may not be the best things to do to keep them engaged.
Deal Closings Will Preserve Affordable Housing in Bronx
Enterprise Community Partners have closed two preservation deals, valued at about $33 million, helping more than 1,450 low-income families access affordable housing in the Bronx.
Economy Watch: Greek Parliament Debates More Austerity
The Greek parliament debates austerity measures needed to receive more bailout money; Freddie Mac reports that mortgage delinquencies are down; and U.S. GDP growth decelerates.
Affordable Housing Tool Recognized
Boca Raton, Fla.–GoSection8.com, a rental listing service for Section 8 landlords, tenants and public housing authoritie, was recently recognized for its affordable housing portal and new deconcentration tools.
TODAY’S DEALS: CBRE Secures $99M JV Equity and Construction Loan
CBRE secures a $99 million construction loan for Magellan’s 499-unit high-rise in Chicago; MAA acquires a 297-unit community in Jacksonville, Fla.; and Arroyo & Company negotiates the sale of a 76-unit community in Santa Rosa, Calif.