National

Transactions: December 2018

A selection of noteworthy deals announced in October.

Photo courtesy of Yardi Matrix

On the Market: 4 Interesting Listings for the Week of 11/19

This week’s listings include value-add investments from the beaches of Oahu to the suburbs of Los Angeles, with a large-scale opportunity near the University of Illinois.

Income Averaging to Pave the Way for More Affordable Housing

Mixed-income averaging is cited by affordable housing executives as a way to increase affordable housing development in 2019, according to a Capital One survey.

Executive Spotlight: Hessam Nadji, Marcus & Millichap

The president & CEO of one of the industry’s largest investment brokerage companies says a conservative upcycle and new sources of demand mean commercial real estate has lowered its typical cyclical risks and has room for growth.

Columbia Pacific Secures $118M for Senior Housing Portfolio

Capital One arranged the adjustable-rate loan for the company’s fee interest acquisition of a four-property, 518-unit senior housing portfolio spread across three states.

Public Housing Authorities Find Power in Solar

Municipal owners are taking advantage of this viable source of sustainability, jobs, savings and revenue.

Vacasa Eyes Urban Short-Term Rental Market

The Portland, Ore.-based vacation rental management company is expanding into the multifamily market, seeking to fill the demand for urban short-term rentals and provide stable revenue for apartment property managers.

KB Home ProjeKt

A High-Tech Initiative to Streamline Construction

KB Home ProjeKt is an innovative partnership of KB Home, MiTek and Entekra for advanced off-site framing and optimized building processes.

Affordable Communities in Rural US: A Shrinking Inventory

Insufficient federal funding, low incomes and an aging population are some of the main factors that have contributed to many rural areas’ shortage of affordable housing.

HFF Facilitates $800M Refi for Starlight

The Toronto-based company will use the financing to reduce its exposure to interest rate hikes, extending the weighted average term to maturity to 6.1 years.