Regions
Upscale Brooklyn Apartments Come to Market
New York–163 Washington Avenue, a 16-story glass tower in the Brooklyn neighborhood of Clinton Hill, has changed hands and is ready for occupants.
FS Energy to Make Energy-Efficiency Loans to Multifamily Properties
New York–FS Energy L.L.C. has partnered with two unnamed financial institutions to arrange for loans to residential buildings to make energy-oriented capital investments.
TODAY’S DEALS: HFF Arranges $14M Financing for Colorado Complex
HFF arranges a $14M financing package for a Colorado property; Behringer Harvard sells a 390-unit asset near San Francisco to an institutional investor; and NCB, FSB arranges financing for local cooperatives.
L.A. Multifamily Property Wins HUD Door Knocker Award
Los Angeles County–HUD has awarded Casa Dominguez, a 70-unit affordable housing property completed in 2009, a HOME Program Door Knocker Award.
Nancy Packes and Cooper Square Collaborate on New Developments
New York–Nancy Packes and Cooper Square Realty have formed an exclusive joint venture to bring their respective areas of expertise to new development projects.
TODAY’S DEALS: Beech Street Provides $32M Refinance to 648-Unit Property
Beech Street Capital provides a $32 million refinance for a 648-unit property in Delaware; Walker & Dunlop provides a $5.6 million refinance loan for a Vermont property; and Colliers negotiates the sale of two properties in Phoenix.
Harlem Low-Income Property Rehabilitation Complete
New York–In the last five years, Tahl Propp Equities’ Gateway I in Harlem has made a remarkable turnaround, with recent rehabilitation achieving a 91 REAC score.
TODAY’S DEALS: Kislak Brokers $27.3M Short Sale of Philadelphia High Rises
Kislak completes a $27.3M short sale, and NorthMarq arranges a seven-year Freddie Mac loan.
Avison Young to Relocate Headquarters, Reduce Carbon Footprint
Toronto–Avison Young is moving its headquarters to a new, greener office tower, as a way to lead by example in striving toward sustainability.
Time Equities Expands with West Coast Office
New York–New York-based Time Equities Inc. has opened its first West Coast office in Los Angeles.