Regions
POAH’s Aaron Gornstein on Affordable Housing
The president & CEO of the national nonprofit sheds light on affordable housing finance, policy and his organization’s own plans for the years ahead.
Walker & Dunlop Adds Orange County VP
Christine Pratt has more than 15 years of experience in affordable housing financing, having previously served as a member of Freddie Mac’s small balance loan team.
Vacant NY Building to Become Affordable Housing Property
The nine-apartment project is part of PUSH Buffalo’s revitalization plan to spur development across a 30-block area on the city’s West Side.
Milwaukee Value-Add Community Changes Hands
Weidner Apartment Homes acquired the 90-unit Class B residential property. Berkadia arranged the transaction on behalf of the seller.
Chicago Multifamily Investment in Focus
Pioneer Acquisitions’ James Peterson Jr. names the city’s most attractive submarkets and sheds light on trends for Chicago investors to watch.
Freddie Mac Names New CEO
David Brickman, the GSE’s president, will succeed retiring CEO Donald Layton on July 1 and join the board of directors. Last September, the agency announced it would conduct a search that included Brickman.
Phoenix Multifamily Report – Winter 2019
Attracted by the market’s strong fundamentals, investors closed a whopping $5.9 billion in multifamily sales in 2018, while developers also marked a high point with the delivery of 8,162 units.
JV Lands $75M Financing for Denver Luxury Tower
HFF secured the loan for The Confluence on behalf of National Real Estate Advisors and PMRG. Proceeds will be used to retire existing construction debt on the 287-unit property.
Trez Capital Secures 2 Construction Loans
The 136-unit property and the 123-unit community are part of a five-property project developed in a partnership between Trez Capital and NexMetro.
Berkadia Arranges $125M Financing for VA Properties
Totaling 655 units, the upcoming Magnolia Green Apartments and Faraday Park at Reston Station communities are located in Moseley and Reston.