Regions
Fine-Tuning Multifamily Management for 2019
Bell Partners’ CEO shares his insights on new market opportunities in the coming year, how technology is transforming the business and why a hands-on approach still goes a long way.
Chicago’s West Loop to Gain 2-Tower Community
A joint venture of Lendlease, The John Buck Co. and Intercontinental Real Estate Corp. broke ground on a 586-unit community on the former site of skin care manufacturer H2O Plus.
$125M Loan Awarded to NYC Luxury Building
Germany-based commercial bank Helaba provided the loan package to Stellar Management in a transaction brokered by Cushman & Wakefield.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in November 2018 in New York City.
Covenant Capital Group Raises Record $395M
Covenant Apartment Fund IX is the largest fund in the company’s 18-year history. The capital will go toward revitalizing recently acquired properties.
Senior Housing Portfolio Receives $327M Refi
The Freddie Mac loan, originated by Berkadia, will refinance some 2,200 units for Brookdale Senior Living.
Bank of America Provides $25M for Bay Area Refi
The loan retires a prior, $30 million CMBS mortgage from late 2008, which had been set to mature in January.
Blackstone Sells $40M Phoenix Asset
TH Real Estate acquired the 240-unit multifamily asset, securing $40 million in revenue bond financing from Maricopa County’s Industrial Development Authority.
NKF Closes $220M Student Housing Assets Sale
Ryan Lang, Brandon Buell and Jack Brett are part of the team that represented the sellers in the transactions.
Security Properties JV Sells Seattle Community for $150M
A private investor—with financing from New York Life Insurance Co.—acquired the 309-unit luxury multifamily asset, which welcomed its first residents in 2017.