Regions
Berkadia Secures $50M in Financing for Cleveland Project
The company secured the loan from Related Fund Management for the development of Centric Apartments, a 272-unit community.
American Copper Buildings Obtain $660M Financing Package
JDS Development Group and Largo Investments are developing two towers on the East River in Manhattan.
On the Market: 5 Interesting Listings for the Week of 12/26
Recent listings include rustic-inspired townhomes catering to students at Appalachian State University and a community that formerly served as Florida’s original Cuban Consulate.
Commonwealth Development Buys IN Site for Affordable Housing Project
The company is planning 35 units on the former site of a Chevrolet plant in Muncie.
Brooklyn High-Rise Trades for $154M
Completed in 2011, The Addison includes both a 26-story tower and a 15-story tower.
GracePointe Crossing Breaks Ground on $50M Expansion
The Cambridge, Minn., redevelopment includes the addition of 50 senior units and 18 assisted living memory care apartments.
Economy Watch: Apartment Supply, Rents Will Continue to Grow in 2017
Continued employment growth will buoy a strong year for the apartment industry in 2017, according to a new Berkadia market forecast.
JV Secures $150M Construction Loan for Queens Tower
AIG is providing the financing for the luxury community, which is set to open in early 2018.
Detroit High-End Mixed-Use Development Opens
Broder & Sachse Real Estate and Woodborn Partners are calling the property “something totally new” for the city.
Hunt Mortgage Partners Secures Financing for VA Affordable Housing
The loan has an 18-year loan term, with two-years interest-only payments and a 35-year amortization schedule beginning in year three.