Regions
HFF Closes Sale on Multifamily Community Near Oregon State University
HFF announced that it has closed the sale for Grand Oaks Apartment Homes, a community near Oregon State University in Corvallis, Ore.
TODAY'S DEALS: Beech Street Closes $26.3M Loan for N.J. Acquisition
Beech Street closes N.J. acquisition financing; CB Richard Ellis — N.E. Partners brokers a $21 million sale; and HFF closes a $14.5 million sale in Oregon.
Malaysia’s First Grand Hyatt Opens
Hyatt Hotel Corporation has announced the opening of Malaysia’s first Grand Hyatt, the Grand Hyatt Kuala Lumpur.
Economy Watch: QE3 Soon? Probably (Maybe)
Investors waited all week for Ben Bernanke’s annual Jackson Hole, Wyo., end-of-summer speech, and the chairman of the Fed delivered… something.
TODAY'S DEALS: MAA Picks Up an Asset in San Antonio
MAA buys a 436-unit asset; SBV Communities enters the Oklahoma City market with a 119-unit purchase; and NorthMarq Capital completes a $10 million Freddie Mac refinance of a three-year loan.
San Diego Investors Buy Riverside Townhomes for $10.5M
Pathfinder Partners has acquired Tuscan Townhomes, a 63-unit townhome project located in Riverside, Calif.
MAA Acquires Texas Multifamily Community
MAA, a real estate investment trust, has completed the acquisition of Haven at Blanco, a multifamily community in San Antonio.
Alternatively Built Multifamily Development Uses Upcycling as a Hook
South Africa is the latest country to embrace the emerging trend of alternative building for multifamily developments.
Economy Watch: Personal Income, Spending Up
While investors were anticipating Fed Chairman Ben Bernanke’s pronouncements from Jackson Hole the Bureau of Economic Analysis reported that personal income increased $42.3 billion, or 0.3 percent.
Two NYC Apartment Properties Win HUD Financing
Greystone Funding Corp., a multifamily and commercial property mortgage specialist, has originated $72.7 million in financing for two multifamily housing projects in New York City. HUD provided the financing for the properties.