News
DEAL OF THE DAY: HFF Arranges 4.66% Acquisition Loan for Purchase of Property Foreclosed by Freddie Mac
Jacksonville, Fla.–HFF has secured financing for Waterford at Mandarin, a 432-unit multi-housing community in Jacksonville.
Colliers Expands with Multiple Acquisitions
Seattle–Colliers International has acquired a controlling interest in Kansas City’s The Winbury Group and added Hearn Burkley in Baltimore.
New Magellan Affiliate Aims to Solve Distressed Real Estate Problems
Magellan Development Group has created an affiliate problem-solving consulting service, Magellan Project Services, which will focus on distressed urban multifamily developments and underperforming assets.
Value Cos. Upgrades, Leases Up North NJ Apartment Complex
Bergen County, NJ–Dorchester Manor, an apartment complex in New Milford, NJ, is nearing a complete lease-up of its 200 apartments.
Q&A with Terri Ludwig of Enterprise Community Partners
President and CEO-Elect Terri Ludwig shares market insights as she takes the helm of Enterprise Community Partners.
DEAL OF THE DAY: Marcus & Millichap Brokers $52.3M Sale of Apt. Property in Bay Area
Burlingame, Calif.–Marcus & Millichap has brokered the $52.3 million sale of Skyline Terrace, a 138-unit, 174,371-square foot multifamily property in Burlingame, a suburb of San Francisco.
Manhattanites Flock to Yorkville’s Family-Friendly Condos
New York, N.Y.–Yorkville is in the midst of change, with new luxury residential developments spearheading its evolution into a community tailored to family life.
‘Foong on Finance’: Staying Alive
The final proposal from the National Commission on Fiscal Responsibility and Reform was shot down at the end of this week. But don’t worry, at least some Republican and Democratic lawmakers, as well as probably the President himself, are eager to keep the the package’s ideas alive through next year.
ACH to Usher Student Housing into the iPhone Realm
Houston–Asset Campus Housing is breaking new ground in the student housing world by introducing the very first student housing iPhone application, which will revolutionize the leasing process for those searching for and living in student apartment properties.
DEAL OF THE DAY: E&G Group Awarded LIHTC Project by Washington, D.C. Housing Department
Washington, D.C.–E&G Group, LLC and its principals have completed the purchase of five properties in Washington, D.C. from five limited equity cooperatives.