News
Cloudy Prospects for Multifamily Amid Economic Comeback
Fannie Mae forecasts that GDP will grow by an annualized rate of 27.2 percent in the third quarter, but state and local budgets are a concern.
Insight Property Group Renovates Washington, DC-Area Community
The company has completed the repositioning of a property in Falls Church, Va., that it began in December 2018.
JV Sells Phoenix Community for $20M
JLL secured $15 million in Freddie Mac financing on behalf of the buyer, SB Real Estate Partners.
Berkadia Brokers Sale of Two Tampa Bay Properties
The company secured a Freddie Mac financing package for the buyer, American Residential Investment Management.
American Landmark Buys Space Coast Community
The buyer plans to invest $3 million in upgrades for the property southeast of Orlando, Fla.
Queens Condo Project Lands $21M Loan
Santander Bank originated the construction loan for the 50-unit development in Long Island City, N.Y.
Green Living Still Factors High for Renters: AMLI Report
AMLI Residential’s fourth annual survey of its residents’ views on sustainable living found that green initiatives are a top priority.
City Club Secures $69M Refi for Cincinnati Mixed-Use Property
Asia Capital Real Estate provided the loan for the 294-unit building that formerly served as office space.
Bond Cos. JV Pays $41M for Nashville Portfolio
The buyer assumed $30.4 million in recently refinanced debt for the two properties.
Southwood Realty Buys South Carolina Asset for $26M
The 250-unit property is located within Harbison, a planned community which includes two lakes and approximately 200 acres of woods.