Regions
HFF Secures $28M Refi for OR Community
Director Scott Gilson and Associate Charlie Watson, both on the firm’s debt placement team, represented the borrower of the 10-year loan, which was placed with Freddie Mac’s Capital Markets Execution (CME) program.
Risky Business: Top Tips for Managing Insurance
Last year’s extreme weather events raise a critical question: What are the best ways to ensure adequate coverage without overpaying?
Chicago Apartments Achieve LEED Gold
M&R Development’s The Residences of Wilmette, which has 75 units, opened in October. The property features a green roof with drought-resistant vegetation and environmentally kind flooring, paints and sealants.
Search for Yield Intensifies in 2018: NMHC
Industry experts at NMHC’s annual Apartment Strategies Outlook Conference in Orlando discussed the current “Goldilocks” economy and why 2018 might be tough for investors.
Marcus & Millichap Arranges Sale of IL Prospective Development
Richard Kozarits, Tami Andrews, Joseph Sigal and Richard Lynn were all part of the team involved in the $7 million sale of parcels totaling 35,000 square feet. The land will be used to build The Albion at Evanston, a luxury community in Evaston.
Mesa West Capital Earmarks $125M for 4 CA Properties
The communities to receive financing include the 186-unit Atlantic Apartments in Alameda, the 116-unit Mosaic Hayward in Hayward, the 102-unit Villas at Carlsbad in Carlsbad and the 116-unit Vista del Rey in Tustin.
Greystar Nabs Class A Community in Seattle
Zig Apartments features 170 residential units and ground-floor retail. Amenities include a fitness center, a business center and 108 parking spaces.
Dwight Capital Expands Footprint
Over the course of 2017, the company funded 22 FHA loans totaling nearly $338 million spanning across Texas, Nevada, New York, Oregon, Georgia, Washington and Tennessee.
Delshah Capital Buys Manhattan Apartments, Plans Renovations
The company acquired 138 Ludlow St., a 1920-vintage, six-story walk-up on the Lower East Side, for $18.9 million.
Job Diversity Sustains Denver’s Economy
Employment and population gains are pushing up demand for apartments across the metro, which had roughly 26,000 rental units under construction as of November.