National
Today's Deals: Essex Realty Group Sells Skokie Apartment
Essex Realty Group brokers the sale of a 144-unit asset; Education Realty Trust lands a potential big gig at the University of Kentucky; and SilverLeaf acquires a $17.7 million non-performing condo and retail loan.
Today's Deals: Kennedy Wilson and Partners Complete $54.2M Refinancing
Kennedy Wilson refinances a community in Oxnard, Calif.; TGM Associates purchases an apartment in Manassas, Va.; and IPA receives the exclusive listing rights for a property outside Baltimore.
Today’s Deals: UDR, KFH Complete $154 JV Acquisition
A joint venture acquires a 292-unit asset in Washington; Colliers sells two properties in Phoenix; and Essex Realty facilitates a $11.55 million sale in Skokie, Ill.
Today's Deals: Behringer Harvard Acquires 345-Unit Asset in Memphis
Behringer Harvard grabs a large community in Memphis; Champion buys a property in Ohio; and Walker & Dunlop funds a $21 million loan for HAP, HOME property.
Survey Offers Good News for Multifamily Industry in '12
Cap rates are going to stabilize, interest rates will remain low and home ownership rates will continue to decline. These are the conclusions of the RealShare/Jones Lang LaSalle’s Apartments Outlook 2012 Survey.
Today's Deals: Archstone Partnership Acquires $42M Asset in Florida
An Archstone-sponsored partnership acquires a 252-unit community in Boca Raton; HFF arranges $37 million for a 326-unit development; and ARA executes the sale of rare site in Houston’s sought-after Galleria submarket.
Today's Deals: CBRE Secures $47.5M for N.J. Redevelopment
CBRE provides financing for a large adaptive reuse project in N.J.; Cushman & Wakefield brokers a $64.9 million sale; and Centerline arranges a $12.2 million Fannie Mae refinance loan.
Freddie Mac's 2011 K Deals Double Those of Last Year
Earlier this month, a new offering of structured pass-through securities, or “K certificates,” was announced by McLean, Va.-based Freddie Mac.
Today's Deals: Home Properties Buys Two Assets for $113M
Home Properties wraps up 2011 with over $500 million in acquisitions; NorthMarq arranges a $70 million Freddie Mac mortgage for a community in Michigan; and Iron Gate buys a $106.5 million portfolio in Atlanta.
TODAY'S DEALS: MAA Acquires Two Properties for $67.5M
MAA picks up two properties totaling 480 units; HFF secures $42 million through Prudential for apartments in the Terra Vista master planned community; and McCann Realty Partners breaks into the Austin market with a 208-unit purchase.