News

Walker & Dunlop Arranges $86M for Portfolio Repositioning

The financing will support the renovation of a 1,208-unit multifamily portfolio of apartments in Florida and Texas, as well as enable borrowers to recapitalize the equity and handle deferred maintenance.

Finance & Investment

CBRE Secures $35M Financing for Tampa Student Housing

Horizon Realty Advisors purchased a 206-unit student housing property for $46.6 million. Benjamin Roelke of CBRE secured the long-term financing for the acquisition of Venue at North Campus.

Slideshow

LA Senior Communities Receive $19M Mortgage Financing

The funding, obtained through the company's bond purchase program, will be used for the acquisition, rehabilitation and permanent financing of a 90-unit portfolio of three affordable rental developments.

Affordable

Regions

Change City

Economy Watch: Multifamily Starts Dip in July

New projects got underway at an annualized rate of 287,000 units, only the second time in the past 12 months that the pace has fallen below 300,000 units.
National 17 August 2017 16:15
RADCO Picks Up 7th SC Community for $23M

RADCO plans to invest $3 million in the exterior and interior renovation of Radius at West Ashley, a 198-unit asset in Charleston, formerly owned by Raia Properties.
South 17 August 2017 15:52
Leasing Starts at Murray Hill Marquis Luxury Apartments

The former boutique hotel is being converted into 260 modern no-fee studio and one-bedroom apartments, with rents ranging from $2,575 to $3,450 per month.
New York 17 August 2017 15:27
Balfour Beatty to Develop Student Housing Project in Texas

Texas Woman’s University’s project will house up to 875 students and will feature approximately 30,000 square feet of dining space, beside classrooms, fitness center, exploratory learning and recreation space.
Dallas 17 August 2017 15:22
Greystone Closes $36M Deal for Delaware Acquisition

The company worked with Fannie Mae and New York Mortgage Trust Inc. to secure financing for Concordia Properties, which purchased Autumn Park, a 360-unit community.
Philadelphia 17 August 2017 14:52
Merging the 5 Senses with Tech in Senior Living Communities

Senior living communities are increasingly benefiting from technology, with architects relying on and incorporating tech in many aspects of residents’ lives. Dean Maddalena, president of Texas-based studioSIX5, emphasized the undeniable advantages of providing senior living properties with the latest devices and science discoveries.
National 17 August 2017 13:47
CBRE Brokers Sale of $56M Portland Community

The company represented the seller in the $56 million transaction of a 50-building community, Witham Hill Oaks Apartments, which was built in three phases, between 1968 and 1998.
Portland 16 August 2017 20:46