Regions

Berkadia Facilitates $46M Loan for IA Student Housing

Senior Managing Director Peter Benedetto and Associate Director Aaron Moll, both of Berkadia’s Detroit office, arranged the bridge loan on behalf of The Tailwind Group.

The Quails Apartments, at 1120 & 1150 E. Irvington Road

Tucson Asset Trades for $12M

The city has seen numerous firms invest in the area over the past few years, creating extensive job opportunities across multiple industries.

Casa de Oro, at 5171 E. 29th Street

Hunt Mortgage Secures $4M for AZ Assets

The Tucson properties are adjacent to each other and comprise a total of 158 units with a combined size of 190,512 square feet. The communities were acquired by RGCD Investments.

Arrimus Capital Acquires IA Luxury Student Housing

Stadium View, adjacent to Iowa State University in Ames, includes 197 units and 518 beds. The property is currently 99 percent leased.

Construction Begins on $30M Affordable Project in Long Island

Speonk Commons will consist of 66 units, across two development sites in Suffolk County. Several public and private entities provided funding for the project.

NYCHA Partners Up for Affordable Housing Renovations

Including these three new developer alliances, the PACT program will have updated 3,077 apartments with a total investment of $640 million.

NMHC’s Doug Bibby on Multifamily

The organization’s president provides insights on affordable housing and tax reforms.

Key Marketing Tactics to Ensure Full Occupancy

Property managers and staff can expand their initiatives to drive new leases in a variety of ways. Alexis Krisay, Serendipit Consulting’s co-founder & president of marketing, offers some strategies.

Economy Watch: Amazon HQ2 to Drive Up Rents in Winner’s Market

Some markets will benefit more than others, but every location under consideration would be able to offer a rate hike—some as much as 2 percent.

4 Ways to Embrace Disruptive Technologies

Multifamily developers must embrace these new tools to maximize unit sales and pricing, especially in the luxury condo market.