News

Berkadia Closes Sale of Student Housing Assets for $146M

The properties include Ava University District, a 289-unit community, near the University of Washington, and Fullerton University Village, a 100-unit community near California State University.

Student Housing

How Independent Apartment Owners Can Increase Income

Independent owners can maximize income and value using similar tools to their institutional counterparts'. Here are some suggestions from the National Apartment Association's recent Education Conference.

News

George Smith Secures $27M for Hollywood Community

Massie Capital and Glenn & Shannon Dellimore plan to refinance an older acquisition loan and fund further renovations, as well as the off-market acquisition of an adjacent property.

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J Street Lands Dupont Circle Site for Condo Project

The developer plans to build The Pacifica, a nine-unit luxury community in Washington, D.C. In partnership with the Dupont Circle Citizens’ Association, the company is offering the historic buildings currently on the site for free.
Washington Dc 28 June 2017 15:11
HPI Snags Memphis-Area Community

The 400-unit Annandale Gardens comprises one-, two- and three-bedroom floorplans. This marks the second acquisition of HPI Real Estate Fund V.
Midwest 28 June 2017 15:01
Unveiled: Brook Avenue Apartments in the Bronx

Yuco Real Estate Co.'s $25 million, 66-unit development was financed under Mayor De Blasio's Housing New York plan.
New York 28 June 2017 14:33
Texas Multifamily Portfolio Lands $77M Refi

The portfolio was refinanced over the course of six months, with Walker & Dunlop Vice President Dough Hart leading the origination team. The 10-year term Fannie Mae loans have 30-year amortization schedules.
Houston 28 June 2017 12:17
Baltimore Community Lands $73M HUD Construction Loan

The 317-unit Berkleigh in Middle River is part of Baltimore Crossroads @ 95, a large-scale project that will encompass office space, retail, two hotels, 1,000 homes and two multifamily properties.
Baltimore 28 June 2017 11:43
San Antonio Lures Investors

The city has a diversified economy and employment is growing in most industries. That has fueled demand for apartments, which is expected to remain high as the metro continues to add jobs and households at a rate above the national average, and as more residents move south to avoid the growing cost of housing in Austin.
San Antonio 28 June 2017 10:42
WTC Secures $70M for Suburban Chicago Property

The company obtained construction and permanent financing for the 301-unit residential component of Wheeling Town Center, a mixed-use development.
Chicago 28 June 2017 08:28