Regions
Dougherty Secured Loan for New Brighton Community
The company closed a $1.6 million Fannie Mae loan for a two-building multifamily property in New Brighton, Minn. The community was 99.1 percent occupied as of March.
Sunrise to Helm Lease-Up at Luxury SoCal Community
Located east of San Diego in El Centro, Calif., the project will comprise 242 units developed in three phases. Leasing of the 84-unit, $12 million first phase is underway.
Dougherty Secures $15M HUD Loan for Ohio Community
Olive Branch Townhomes, a 176-unit affordable housing property in Batavia, Ohio, will benefit from the refinancing. Dominium Development & Acquisition is the sponsor of the project.
Harlem 125 All Set for Opening
The newly developed residential building features studios and one-, two- and three-bedroom units designed to immortalize the spirit of Harlem through top-notch visual elements.
Gelt Launches Happy Home Communities, Names Director
Ellie Davis will spearhead the new business venture. HHC has already made its first value-added acquisition, a nine-acre mobile home park in Bakersfield, Calif.
San Francisco Tower Gets $25M Facelift
Related Cos. brought in Marmol Radziner to redesign The Paramount, aiming for a better fit with the neighborhood’s commitment to the arts.
Maverick Mediates $39M Loan for Chicago Mixed-Use Project
Cedar Street Cos. is planning a 149-unit apartment building at 676 North LaSalle St., with more than 10,000 square feet of ground floor retail space.
HFF Chicago Appoints New Director
David Gaines, former managing director at Berkadia Real Estate Advisors, brings more than 16 years of experience in multi-housing investment sales, debt placement and equity placement.
Downtown Manhattan Apartments Land $375M Refi
Hunton & Williams LLP acted on behalf of the owners to secure the mortgage and mezzanine loans through Brookfield Real Estate Financial Partners.
Can Housing Keep Up with Job Growth?
At the 2017 ULI Spring Meeting, Alan Durning of the Sightline Institute and Clyde Holland of Holland Partner Group discuss possible solutions to the nation’s housing shortage.