National
TODAY’S DEALS: Walker & Dunlop Funds $32.2M Freddie Mac Loan
Walker & Dunlop refinances a 330-unit asset; a Texas property is refinanced by Beech Street Capital; and an Archstone, FUTURA joint venture breaks ground on a new development in Florida.
TODAY’S DEALS: Affordable Green Project Opens in Newark
RPM’s LEED certified affordable asset opens; a $10 million mixed-use site hits the Miami market; and Johnson Capital’s Dallas office arranges bridge, acquisition and rehab loans in Texas and Kansas.
NAREE Special Report: Multifamily’s New Trajectory
Despite growing rents and occupancies, there is still room for improvement in the multifamily sector.
TODAY’S DEALS: Walker & Dunlop Closes $27.5M Refinance
Walker & Dunlop lands $27.5 million in financing; Wood Partners and Love Funding close on a $26.8 million construction loan; and Alliant Capital completes an $8.1 million refinance loan carrying 3.21 percent interest.
Yardi and G5 to Offer Multifamily Digital Marketing Solution
The Yardi/G5 offering converts searchers into prospects, prospects into residents, and residents into brand advocates
NAREE Special Report: Housing Demand Grows; Will Supply Follow?
If there are two points economists during the NAREE conference agreed on, it was that housing demand is growing in the face of short supply and that the extent varies at a local level, from submarket to submarket around the country.
TODAY’S DEALS: IPA Lands Listing Rights for Long Beach Asset
IPA lists a 206-unit property; NorthMarq Capital arranges a $21.1 million construction/perm loan and $10.2 million in joint venture financing for Dallas property; and Hudson Realty Capital funds a $6 million construction loan in Brooklyn, N.Y.
TODAY’S DEALS: Manhattan Luxury Asset Trades for $280M
Equity Residential acquires The Beatrice in Manhattan for $280 million; Pierce Education refinances a 792-bed asset in Oklahoma; and Berkeley Point Capital provides a Freddie Mac CME five-year, interest-only, adjustable-rate mortgage.
$75M Luxury Apartment Project Comes to Wheaton, MD
By Adrian Maties, Associate Editor After six years of planning, the Washington Property Co. has finally started work on Solaire-Wheaton, a $75 million luxury apartment development in Wheaton, Md. The project was put on hold during the recession. WPC is constructing the Solaire-Wheaton on the site of the former First Baptist Church of Wheaton, adjacent […]
TODAY’S DEALS: JV Lands Loan, Breaks Ground at Univ. of Miss.
EdR, Landmark begin a student housing project; Centerline Capital Group provides refinancing for an property in Nebraska; and Aztec Group Inc. closes a acquisition and bridge loan for a community in Florida.