News
Hunt Real Estate Arranges $17M Refi for Ohio Community
The 12-year loan has a 30-year amortization schedule and the first two years are interest only.
JLL Arranges $7M Sale of NYC Community
Managing Director Brock Emmetsberger, along with Directors Ryan Kossoy and Reed Waggoner represented the seller.
ABI Multifamily Brokers Phoenix Value-Add Sale
Patrick Burch and John Klocek represented both parties in the $4 million deal.
Housing Demand Rebounds in June Amid Cloudy Outlook
Freddie Mac forecasts that home sales will decline to 4.8 million in 2020 before rising to 5.6 million in the following year.
Woodmont Properties Begins Construction in New Jersey
The developer is planning a 443-unit luxury community near Princeton University.
GMH Capital Partners Breaks Ground on Philadelphia Property
The community located in the suburb of Malvern, Pa., is scheduled to open in the summer of 2021.
LMC Opens 300-Unit Arizona Community
The developer has restarted leasing and move-ins at a new property in Scottsdale after the process was delayed by the COVID-19 pandemic.
Berkadia Closes $18M Loan for North Carolina Buy
Senior Managing Director Mitch Sinberg and Managing Director Brad Williamson secured the fixed-rate, Fannie Mae loan.
Banyan Residential Acquires Stadium-Adjacent Houston Community
Lofts at the Ballpark is within walking distance from two professional sports venues. The deal represents the firm’s first acquisition in the market.
Evergreen Lands $16M Refi for Chicago-Area Community
The 134-unit property in Joliet, Ill., caters to seniors aged 62 and over and disabled individuals.