Regions
JV Obtains Equity Funding for Austin Residential High-Rise
Endeavor Real Estate Group, an Austin-based commercial real estate company, and LYND, a San Antonio-based multifamily specialist, have secured equity for their mixed-use joint venture development in downtown Austin, 3 eleven Bowie.
NAREE Special Report: Multifamily’s New Trajectory
Despite growing rents and occupancies, there is still room for improvement in the multifamily sector.
TODAY’S DEALS: Walker & Dunlop Closes $27.5M Refinance
Walker & Dunlop lands $27.5 million in financing; Wood Partners and Love Funding close on a $26.8 million construction loan; and Alliant Capital completes an $8.1 million refinance loan carrying 3.21 percent interest.
Senior Affordable Housing Apartments in Canton Receive $10 Million from AFL-CIO Housing Investment Trust
The AFL-CIO Housing Investment Trust has agreed to invest $10 million in the rehabilitation of the 144-unit Mayfield Manor Apartments, a senior affordable housing community in Canton, Ohio.
Yardi and G5 to Offer Multifamily Digital Marketing Solution
The Yardi/G5 offering converts searchers into prospects, prospects into residents, and residents into brand advocates
NAREE Special Report: Housing Demand Grows; Will Supply Follow?
If there are two points economists during the NAREE conference agreed on, it was that housing demand is growing in the face of short supply and that the extent varies at a local level, from submarket to submarket around the country.
TODAY’S DEALS: IPA Lands Listing Rights for Long Beach Asset
IPA lists a 206-unit property; NorthMarq Capital arranges a $21.1 million construction/perm loan and $10.2 million in joint venture financing for Dallas property; and Hudson Realty Capital funds a $6 million construction loan in Brooklyn, N.Y.
Kennedy Wilson Buys SoCal Multifamily Property for $43.7M
Kennedy Wilson, along with unnamed partners, has acquired Torrey Pines, a 251-unit multifamily property in West Covina, for $43.7 million.
Walker & Dunlop Closes Loan for California Apartment Community
Walker & Dunlop recently closed a $74.4 million Fannie Mae supplemental loan for Bella Vista Apartments, a Class A apartment community in Santa Clara, Calif.
Palace Hotel Tokyo Aims to Bring a New Brand of Luxury to the Japanese Capital
The city of Tokyo now has an exciting new addition to its hospitality market with the opening of the Palace Hotel Tokyo, a 290-room venue.