Regions
Jonathan Rose Acquires 2 Senior Communities in Greater Detroit
The affordable assets changed hands for a combined $16.2 million.
Thompson Thrift Sells Missouri Community
Platte County records show that Northmarq arranged a $38.9 million Fannie Mae loan on behalf of the buyer.
Security Properties JV Acquires $24M San Jose Asset
Berkadia brokered the transaction, arranging the financing through Fannie Mae.
Gelt Expands Los Angeles Footprint With $76M Buy
The new owner will implement a three-year, $5 million capital improvement plan at the property.
CenterBridge, Merit Hill Capital Land $170M for Storage Portfolio
Bank of America provided the loan for 33 properties.
Top 5 NYC Multifamily Building Sales—August 2022
PropertyShark compiled the city’s biggest transactions of the month.
Fannie Mae Pilots ‘Positive-Only’ Rent Payment Reporting Program
The program will enable participating multifamily owners to help renters establish credit histories.
Teakwood Real Estate Partners Buys Phoenix-Area Facility
Westport Properties will manage and operate the facility under the US Storage Centers brand.
Berkadia’s Head of Production on Multifamily’s Resilience…So Far
Ernie Katai discusses shifts in borrowers’ needs and useful tools to navigate uncertain times.