News
Orix Affiliate Doubles Portfolio With LIHTC Deal
Boston Financial Investment Management agreed to purchase a 1,200-property fund portfolio, one of the largest of its kind in the U.S.
Chicago Multifamily Report – Summer 2020
Some 6,500 apartments came online across Chicagoland in the first seven months of 2020.
CBRE Arranges Minneapolis Luxury Community Sale
Keith Collins, Abe Appert and Ted Abramson assisted the seller in the disposition of the 150-unit property.
Marcus & Millichap Arranges $28M Seattle-Area Sale
Senior Vice President of Investments Timothy Ufkes and Associate Evan McLeod represented the seller and procured the buyer.
PENLER Pays $48M for Southwest Florida Community
NorthMarq originated nearly $32 million in acquisition financing for the 248-unit Tradition at Palm Aire.
Berkadia Arranges $23M Refi for Florida Student Housing
Managing Director Brad Williamson secured the loan on behalf of Seminole Boosters, the fundraising arm of Florida State University Athletics.
Boston Multifamily Report – Summer 2020
Similar to most coastal gateway markets, the metro took an immediate hit at the onset of the pandemic.
Advanced Real Estate Services Secures $240M Refi for Multifamily Portfolio
NorthMarq arranged the Freddie Mac and Fannie Mae loans for six communities totaling 1,223 units in Southern California.
East Phoenix Community Trades for $15M
Greystone provided a fixed-rate $10.8 million Fannie Mae loan for the acquisition.
Student, Senior Housing Hit Hardest in Q2: Moody’s
The two sectors saw rising vacancies and falling rents owing to the pandemic, and affordable housing was largely unaffected.