News
Tenants Want Bank to Pony Up for Maintenance on Foreclosed Bronx Apartments
The tenants at 3018 Heath Ave. and nine other buildings in The Bronx want their landlord to make repairs to their buildings.
Berkadia Commercial Mortgage Hires Louis Weisman, Will Focus on Needs of MF Owners, Developers in Seattle
Berkadia Commercial Mortgage LLC (Berkadia) has hired industry veteran Louis Weisman
INSIDE THE DEAL: Beech Street Capital provides $1.6M Fannie Mae Permanent Loan
Beech Street Capital, LLC provided a $1.6 million fixed-rate loan for the refinance of Steven’s Walk Apartments. The transaction was originated by Beech Street Capital under the Fannie Mae DUS Small Loan program.
MARKET SNAPSHOT: Indianapolis Rental Market on the Rise; Only Sales are Involuntary
The rental market in Indianapolis is on its way to a recovery, according to George Tikijian, principal broker of Tikijian Associates.
Many Apartment Hunters Prefer Green Digs
According to a recent survey by Apartments.com, many people in the market for an apartment are now actively looking for green features in their dwellings.
Sales Reach 40 Percent Sales Mark at Jersey City Condo
Jersey City, N.J.—The Saffron, a luxury condominium located in downtown Jersey City, has reached a mark of just under 40 percent of total units sold. The Saffron contains 76 condominiums, and is located two blocks from the Grove St. PATH station. The developer, Fields Development Group, held an auction at the property last November, which resulted in the eventual sale of nine units. After that, sales were suspended until late December, as a new marketing plan was initiated, says James Caulfield, Jr., a principal of Fields Development Group. Apartment sales since the December re-opening have averaged about six a month,…
DEAL OF THE DAY: Raymond James to Supply $12M in LIHTC Equity
Raymond James Tax Credit Funds says it will provide nearly $12 million in Low Income Housing Tax Credit (LIHTC) equity for the construction of a multi-family housing development located in Tuscaloosa, Ala.
MHN Interview with Ryan Dearborn: Equity in Good Shape, But Debt Still Suffering
Ryan Dearborn talks to MHN about the changes at Wood Partners
Significant Q1 Growth in the Bangkok Condo Market
The Bangkok condominium market experienced a significant turnaround in property values
Apartment Building with Construction Defects to Be Vacated, Dismantled
A Seattle apartment building in danger of structural failure