News

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.

Berkadia Arranges Sale of South Texas Community

Managing Director Kelly Witherspoon and Director Justin Cole assisted the seller in the 240-unit property’s disposition.

Nearly 88 Percent of Renters Have Paid Rent This Month

The just-released figures from NMHC came one day after unemployment claims in the U.S. hit 36.5 million.

Investing Across Sun Belt Markets: Q&A

Ido Blatt, managing partner at Sun Holdings Group, shares his view on investor interests and strategies during a global pandemic.

Philadelphia-Area Community Lands $77M Refi

Greystone originated the Fannie Mae loan on behalf of the borrower, Lindy Property Management.

JDP Launches Illinois Student Housing Project

ICON will serve students attending the University of Illinois at Urbana-Champaign campus and is scheduled for completion by August 2021.

Mill Creek Breaks Ground on Orlando Community

The developer will begin work on the 292-unit Modera Creative Village with first move-ins expected in early 2022.

Albuquerque Apartment Portfolio Changes Hands

The buyer of the Class C communities’ 420 units assumed the seller’s CMBS financing as part of the deal.

Woodmont Properties Sells New Jersey Community for $44M

The buyer received nearly $33 million in acquisition financing from Kearny Bank.