Regions
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.
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.
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.
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.