News
DEAL OF THE DAY: NorthMarq Obtains $5.92M Mortgage for Property that is Brought Out of Foreclosure
Frank Relihan and Jason Smith, vice presidents of NorthMarq Capital’s Washington, D.C. Regional office, arranged first mortgage financing of $5.92 million for the Riverfront Apartments, a 356-unit former tax credit multifamily complex.
Affordable Housing in Cali Goes Solar With Solar Electrical Systems
Solar Electrical Systems of Westlake Village, Calif., installed a solar electrical system on the Irvine Inn
A New Luxury Rental Opens on Manhattan’s Upper West Side
The Corner at 200 West in New York is now open. Situated on Manhattan’s Upper West Side at the intersection of 72nd Street and Broadway and located above a Trader Joe’s opening later this year
DEAL OF THE DAY: LeCesse Development Obtains $36.9M FHA Loan to Develop Apartments in Twin Cities
LeCesse Development has closed on a Federal Housing Administration (FHA)- insured mortgage in the amount of $36.9 million to develop Uptown at City Walk, a 242-unit luxury apartment project to be built in the Twin Cities region.
Bidders Brave Blizzard to Buy Arlington Apartments for $118M
Crescent Heights of America, acting through an L.L.C. called 1301 N. Troy, has bought the Palatine
Trumark Sells Silicon Valley Land Parcel to BRE Properties to Develop Apartment Complex
Trumark Cos. has sold 6.6 acres of land in Silicon Valley to BRE Properties, which will develop a 336-unit apartment and mixed-use community.
Enterprise Community Partners Welcomes New Board of Trustee Members
Enterprise Community Partners Inc. has selected three new members to its board of trustees.
Marcus & MIllichap Promotes Armand Tiberio to First VP of Investments
Marcus & Millichap has promoted Armand Tiberio to the position of first vice president of investments. This is one of the highest levels of recognition the firm awards to its investment specialists.
HUD Ruling Could Mean More FHA Financing in Pricier Housing Markets
The Department of Housing and Urban Development announced recently that it would no longer consider the price of land
St. Pete Condos Fly at Recent Auction
About 3,000 potential buyers toured the property in the weeks before the auction