Regions
Real Estate Company Proves 2012 a Good Year for Selling Out
ST Residential has recently sold out three communities in Atlanta.
Nonprofit Acquires Third LA Property to House Homeless Veterans
Serene Haven Inc., a nonprofit that acquires and renovates residential properties to provide housing to homeless military veterans and their families, has acquired a property located on West 54th Street in Los Angeles.
Jasper by Alta Benefits from Heritage of Seattle’s Wedgwood Enclave
Wood Partners announced pre-leasing has begun at its Jasper by Alta apartment community in Seattle’s unique and historic Wedgwood community.
TODAY'S DEALS: Savanna, Pantzer Partner to Close $196M Purchase
Savanna joins Pantzer Partners in the ownership of a large Long Island asset; AREA partners with Harbor Urban on a Seattle apartment initiative; and Beech Street Capital provides $7.8 million for the refinance of an apartment community in New York state.
The Village at Market Creek Awarded LEED-ND Silver Certification
By Gabriel Circiog, Associate Editor The Village at Market Creek has become the third project in the country to receive LEED Neighborhood Development approval after receiving a Silver designation under the LEED-ND rating system. The LEED-ND application process for The Village was funded through a grant awarded in partnership by the United States Green Building […]
Ranieri Buys Deutsche Bank Multifamily Mortgage Unit
Ranieri Real Estate Partners LP, a real estate financial services company, and private equity funds affiliated with WL Ross & Co. LLC have completed of the acquisition of Deutsche Bank Berkshire Mortgage, formerly a subsidiary of Deutsche Bank, for an undisclosed amount.
M West Completes Acquisition of Lofts In L.A. Arts District
Once, the building in downtown Los Angeles served as the distribution warehouse for the Los Angeles grocery chain J.R. Newberry Company, founded in the late 19th Century. Last week, what had since come to be called 900 East 1st Street Lofts was acquired by M West Holding.
UBS Buys North Hollywood High-Rise Apartments for $74 Million
By Alex Girda, Associate Editor In a $74 million deal, a fund controlled by UBS Inc. has acquired the 180-unit NoHo 14 apartment complex in North Hollywood. NoHo 14 fetched $15 million more than it did in its previous transaction in June 2010, when it was acquired in an REO sale by a joint venture […]
TODAY'S DEALS: JLL Originates $160M for Arlington Assets
JLL originates $160 million in refinancing for two assets near D.C.; Crawford Park Financial Inc. completes a Los Angeles acquisition; and NorthMarq arranges $15 million for an apartment community in Minneapolis.
PROFILE: Home Builders Institute
“Help us help you” might be an apt message of Home Builders Institute. The organization seeks to reach out to the multifamily industry to place graduates of its educational and training programs in employment opportunities throughout the country.