News
Kidder Mathews Brokers Seattle Community Sale
Executive Vice President Dan Swanson led efforts on behalf of the buyer in the $9 million transaction.
Los Angeles Multifamily Report – Spring 2020
With California the first state to impose shelter-in-place orders, the metro’s rental market shows early signs of softening.
Jacksonville Community Receives Freddie Mac Loan
The 15-year mortgage retires a prior $4.1 million Fannie Mae note that Berkadia had provided in 2012.
Dougherty Mortgage Refinances Philadelphia-Area Affordable Asset
The mortgage banking firm provided the 10-year financing in collaboration with LSG Lending Advisors.
Houston Multifamily Report – Spring 2020
While investor appetite remained high in the first quarter, low oil prices and the health crisis could spell issues for the metro’s rental market.
Online Rent Payers More Likely to Pay: Report
A survey by Rentec Direct shows that those who pay electronically were more likely to maintain rent payments during the crisis.
Northeast Seattle Community Receives $25M Refi
The Freddie Mac loan pays down a 2015 mortgage of roughly the same amount from Opus Bank.
North Florida Community Trades for $26M
The Pensacola property is 2 miles from the University of West Florida campus.
Sussex Capital Sells Suburban Los Angeles Community
HomeStreet Bank provided the buyer with a $7.2 million, long-term acquisition loan.
Suburban Seattle Community Trades for $21M
The new owner financed the purchase with a Fannie Mae loan provided by Greystone.