Prominence
Manhattan Luxury Asset Gets $200M Refi
Greystone Bassuk arranged the 10-year, fixed-rate loan for the property’s owners, a joint venture between Taconic Investment Partners LLC and Mitsui Fudosan America Inc.
$60M Financing Secured for Orlando Apartments
HFF arranged the loan on behalf of the developer, a partnership between Sumitomo Corporation of Americas, FINFROCK and OneEleven Residential.
Top Multifamily Transactions in TN in 2018
Investment in Tennessee stayed strong in 2018, as Nashville’s appeal only grew following Amazon’s commitment to add jobs to the metro going forward.
Executive Q&A: Managing Lender Risk in 2019
Trez Forman Capital President & CEO Brett Forman touches on the current competitive landscape, his firm’s expansion into New York City and its mantra for success.
Multifamily Manhattan Report – Winter 2019
Despite strong demand, apartment construction across the borough has slowed, while the average rent is approaching the $4,200 mark.
$80M Luxury Community for Seniors Coming to Long Island
Triangle Equities is teaming up with GTIS Partners to develop Kensington Estates, an upscale community targeting seniors aged 55 and over in Woodbury, N.Y.
California Sues Huntington Beach Over Lack of Affordable Housing
Gov. Gavin Newsom directed the state’s attorney general to file the first-of-its kind litigation against the city, claiming its non-compliance with state housing law is contributing to California’s housing crisis.
Multifamily’s Evolving Market
RADCO Cos.’ CEO discusses multifamily investment and trends at NMHC’s 2019 Apartment Strategies Outlook Conference in San Diego.
Armani’s Manhattan Flagship Makeover to Include Luxury Residences
SL Green and Giorgio Armani teamed up to redevelop the boutique store at 760 Madison Ave., which will feature 19 upscale residences, including one for the famed designer himself.
$95M Loan Secured for LA Luxury Tower
The financing, provided by Helaba on behalf of ASB Allegiance Real Estate Fund, will go toward the 35-story WaterMarke Tower located in the city’s financial district.