Regions
Rosen Partners, Russian Conglomerate Join Forces on Joint Venture
New York-based Rosen Partners LLC is entering a joint venture with Alfa Group, one of Russia’s largest privately owned financial-industrial investment conglomerates.
Today's Deals: Colony Hills Capital Acquires First Asset
Colony Hills Capital acquires its first property; Campus Crest closes four construction loans; and Alliant Capital supplies a $11.8 million loan.
Serious Mortgage Delinquency Rate on the Downswing
Serious mortgage delinquencies for single-family homes and condominium units have been on a steady decline for the last 18 months.
Today's Deals: Post Properties Completes $184.7M Prepayment on MF Notes
Post Properties completes a prepayment on notes secured by six properties; and Senior Housing Properties announces a termination of 10 leases with Sunrise Senior Living.
Housing Property for Homeless Youth Completed in Detroit
Oakman Place Apartments, an affordable housing property for homeless youth and families, has opened its doors on Oakman Blvd. in Detroit.
Today's Deals: Wood Partners Begins 207-Unit Development in Dallas
Wood Partners secures a development site for a Dallas community; and Meridian Capital negotiates $75.1 million for properties in Manhattan, Brooklyn, Queens, Westchester County and Long Island, N.Y.
HUD Grants to Benefit People with Disabilities in SF
HUD has awarded two 811 funding grants to help make possible the development of a pair of permanent supportive Mercy Arc Housing residences for non-elderly adults with developmental disabilities in San Francisco.
Today's Deals: Tikijian Sells 753-Unit Asset in Indianapolis
Tikijian arranges the sale of a 753-unit community; Distressed Asset Acquisition Group unveils a new fund; and Alliant Capital provides a $1.1 million refinance mortgage.
Colliers Oversees Multifamily Sales in Phoenix
In two separate transactions, Colliers International has overseen the sale of two multifamily properties in metro Phoenix with a combined value of $5.475 million.
Premier Boutique Condo Property on Park Avenue Secures TCO
The upscale Manhattan boutique condominium property known as 949 Park Avenue has just received a Temporary Certificate of Occupancy.