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Investing in Brooklyn
Ideal Properties Group’s co-founder Aleksandra Scepanovic talks about the borough’s trends and how investors can identify the emerging opportunities.
Company Spotlight: Kiser Group
After a strong year, which translated into $144 million in closed transactions, principals Estella and Lee Kiser have decided to focus on company re-branding, culture and staff retention in 2017.
Mission Rock Residential on Managing Growth
President Patricia Hutchison discusses the company’s beginnings, today’s multifamily landscape, the lending market and the effects of rising interest rates.
Michigan Ave. Tower Scores $150M Refi
MILA, an upscale 402-unit property in Chicago’s East Loop, was developed by a joint venture led by John Buck Co. Proceeds will refinance the construction loan.
Investment Strategies: Real Estate Gets Hyperlocal
Real estate is moving from local to hyperlocal as big names in the industry team up with local investors and brokers for their sales expertise. Leadkit’s JJ Imbeaux discusses the trend of “small batch” and “craft” culture and what it means for the real estate industry.
Inside NYC’s Multifamily Climate & Trends
Jodi Stasse, senior managing director of new developments for Citi Habitats and Corcoran Sunshine, discusses how the political climate has affected the area’s development, and what investors should be looking for in the future.
Greystone Taps New Atlanta Managing Director
Michael Doran, a 20-year commercial real estate veteran, will now focus on originating mid- to large-size transactions for permanent, bridge and construction multifamily debt.
Berkadia Taps Senior Housing Lead
With nearly two decades of industry, Tim Cobb joins the firm’s D.C. office as managing director & senior housing and health care investment sales lead.
Greystone Expands Denver Team
The company has added Kelley Klobetanz as a new managing director on its FHA lending team. She brings more than 15 years of experience in various real estate positions.
Lower Average Loan Sizes Are Likely
Rising interest rates have yet to strongly impact the multifamily market, as specialists are confident the market will continue to see healthy fundamentals in the near future. While loan origination volumes are expected to stay up, the average value of credit facilities might dip.