Regions
Madrona Ridge Changes Leadership
As part of the integration, the company added Mike Voorhees as a president for its Seattle office. He brings more than 23 years of experience in residential real estate management.
Tiny Living Gets Bigger
In this video, Tomas Eliaeson and Thomas Carlson-Reddig of Little discuss why this trend is becoming a more functional choice for universities and what goes into creating these spaces.
ASC Secures $4M Refi for Milwaukee Property
The community is located in Milwaukee’s Timmerman West neighborhood and includes retail space. The loan features full-term interest-only payments.
ROSS Appointed Manager of DC-Area Apartments
The company will oversee renovations to the apartments, additional improvements and upgrades. Admiral Place marks ROSS’s fourth management assignment for the community’s new owner.
Economy Watch: Rents Rising in More Than Half of US
Twenty-six states and Washington, D.C., saw rental increases during the first six months of 2017, according to a recent ABODO report. The largest average increases occured in South Carolina, Maine, Vermont and Rhode Island.
Manhattan Mixed-Use Snags Pre-Development Financing
A joint venture obtained $200 million for 520 Fifth Ave., which will include 145 condos, 208 hotel rooms and 33,000 square feet of retail space.
Phoenix Community Commands $42M
Brass Enterprises made its first foray into the metro’s multifamily market with the acquisition of 1221 Broadway, a 194-unit garden-style property in Tempe, Ariz.
Houlihan Lawrence Adds to C-Suite
The 130-year-old company has announced the promotion of Anne Marie Gianutsos to CMO and the appointment of Nicholas Fears as CFO of the company’s corporate management team, headquartered in Rye, N.Y.
$29M Earmarked for MN Financing
Grandbridge Real Estate Capital arranged the first-mortgage loan for construction of a 110-unit community in St. Louis Park.
Sussex Capital Snags LA Community
Avison Young brokered the deal, which amounted to $450,000 per unit. The property, called Hillpointe, includes 30 units in Hollywood Hills.