National
TODAY’S DEALS: HFF Arranges Financing for 224-Unit Acquisition
HFF arranges acquisition financing for a 224-unit community in Tampa, Fla.; Dome Equities LLC acquires a 208-unit property in Kansas; and NorthMarq Capital arranges a $14.5 million mortgage via MetLife.
Obama’s Proposed Carried Interest Tax Potentially ‘Devastating’ for Multifamily
Could job creation come at the expense of multifamily owners? The proposed carried interest tax could theoretically cripple the multifamily industry.
TODAY’S DEALS: Applied Development Completes Hoboken Acquisition
Applied Development Company completes ownership of 333 River Street in Hoboken; Voit completes the sale of a distressed community; and Deutsche Bank Berkshire Mortgage refinances FHA, mez debt with $28.5M Freddie Mac loan.
TODAY’S DEALS: HRI, Woodward JV to Convert Historic New Orleans Building
HRI, Woodward JV to convert historic Louisiana building into apts; Urban Investment Partners acquires a 52-unit community in Washington, D.C.; and Hendricks & Partners arranges $975,000 sale at full listing price.
TODAY’S DEALS: Cushman & Wakefield Sells Luxury Manhattan Community
Cushman & Wakefield brokers the sale of a 352-unit luxury community in Manhattan; Essex Realty Group sells a 101-unit community in Chicago for $6.7 million; and NorthMarq Capital arranges a $12 million Freddie Mac permanent loan.
A Different World for CRE, 10 Years Later
The world became a different place on Sept. 11, 2001. The broad political and economic changes wrought by the attacks have been well documented, even as they continue to reverberate 10 years later.
How Green Is Your Apartment?: New Report Reveals Environmental Issues
Potential multifamily owners can now discover environmental issues associated with a property before they buy.
Cities Across Country Show Sustained Economic Growth
Some good news for the housing industry: several cities in the United States have shown steady improvement over the last six months in housing permits, employment and housing prices.
TODAY’S DEALS: Crow Holdings Purchases 280-Unit Luxury Mixed-Use Community
Embrey Partners sells a San Antonio mixed-use community to Crow Holdings; Phoenix Realty partnership acquires a 372-unit property in N.J.; and DBBM provides a $19.9 million refinance for a community in Washington, D.C.
TODAY’S DEALS: Senior Housing Properties Trust Agrees to $478M Purchase
Senior Housing Properties Trust announces a $478 million purchase; Boston Capital invests in an affordable development in Virginia; and Essex Realty Group brokers the sale of a walk-up building for $1.1 million.