Regions

Pillar Announces Top Hires to its Originations Department

Pillar, a Guggenheim Partner affiliate and provider of financing solutions for affordable multifamily properties, has added four new executive hires to the team.

Today’s Deals: NorthMarq Capital Secures $52M in Financing for 20 Years

A finance company secures $52 million for a multifamily property, and other deals of the day.

New York and Brooklyn Multifamily Prices are Rising. Here’s Why.

Halstead Property Development Marketing has released the industry’s first-ever comprehensive report analyzing new development sales market data and sees continued robust pricing in the new development market for both Manhattan and Brooklyn in 2015.

An Inside Look at a Historic Redevelopment

The renovation of the historic Wiley Building.

TODAY’S DEALS: Martin Fein Interests Completes Two Colorado Sales

ARA brokers two sales in Lone Tree, Colo.; Griffis Residential completes a $48.8 million sale in Colorado Springs, Colo.; and Oak Grove Capital arranges $27 million in financing involving only 45 days of processing for a value-add property.

AMCAL Multi-Housing Hires Chief Estimator

Allan Backhaus Jr. has joined AMCAL Multi-Housing in the new position of chief estimator.

Shall We Dance?: The Dermot Company’s 66 Rockwell Partners with Acclaimed Dance Group

A selection of regularly-scheduled on-site dance and fitness classes will be offered to residents of 66 Rockwell, a ground-up rental development in the BAM Cultural District of downtown Brooklyn.

Million-Dollar Condos to Go On Sale in Arizona

The Sterling Collection at Silverleaf, a condo development in suburban Phoenix, has opened its sales center, with construction beginning shortly.

TODAY’S DEALS: Walker & Dunlop Structures $145M Mortgage for Honolulu Asset

Walker & Dunlop arranges a large Fannie Mae mortgage; TGM Associates completes a Connecticut sale; and Capital One Multifamily provides a $30.25 million bridge loan for Golden Horizon Realty.

Magnusson Architecture and Planning Promotes New Principal

Magnusson Architecture and Planning (MAP) has announced Fernando Villa, AIA, LEED AP, has been promoted principal and director of design.