News

Queens Luxury Building Lands $116M Loan

The financing, provided by Benefit Street Partners Realty Trust, will be used to pay debt on the property and add new amenities to the building’s units, fitness center and lobby.

Luxury

Sabal Capital Partners Closes $189M Portfolio

The properties total 880 units in East Harlem, N.Y., marking the largest transaction in the history of Freddie Mac's Small Balance Loan Program.

Affordable

NYC Firm Launches Investment Platform

Hello Vision will provide financing for ground-up and renovation development projects, as well as invest across several asset types.

Market Rate

Regions

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California Emergency Laws Stir Worries About Rent Limits

California laws that make it illegal for businesses to raise prices sharply in the wake of an emergency are creating concerns that enforcement might produce a de-facto statewide rent control on apartments.
West 24 January 2019 10:18
Latch Smart Access Devices to Facilitate In-Building Delivery

The smart access system allows UPS delivery drivers to enter buildings in order to leave packages safely in lobbies or building package rooms.
Boston 24 January 2019 08:23
Shelton-Cook Seeking Prudent Growth

Principal Thomas Shelton says the property management firm will continue to acquire companies and add markets but only if the additions benefit their clients.
National 23 January 2019 20:29
Henley USA Enters Inland Empire Market

In a partnership with Tower 16 Capital Markets, the company purchased Hillside Village in San Bernardino Valley. The new owner intends to renovate the 80-unit property.
Inland Empire 23 January 2019 18:05
TruAmerica Expands Las Vegas Portfolio With $62M Buy

The previous owner of Tesoro Ranch applied extensive renovations to the amenity package and made interior redesigns. The property previously traded for $49.8 million, in 2015.
Las Vegas 23 January 2019 17:57
JV Secures $47M Loan for Denver-Area Asset

Riverpoint Partners and Iron River Management LLC are developing the four-story, 293-unit community in Lakewood, Colo. An HFF team arranged the financing.
Denver 23 January 2019 16:12
Seattle Modular Building Gets $13M Refi

CBRE secured the 10-year loan for Cubix North Apartments, a 108-unit affordable community in the northern part of the metro. Parkstone Properties owns the project.
Seattle 23 January 2019 15:49