Property Types
TODAY’S DEALS: HFF Secures Acquisition Financing for Washington Asset
Cumberland Holdings lands acquisition financing; a 160-bed skilled nursing facility trades for $8.2 million in Georgia; and NAI Hunneman’s investment sale group brokers a $1.7 million sale in Taunton, Mass.
Beech Street Capital Recruits Seasoned Veterans to Continue Building Seniors Housing Practice
Beech Street Capital LLC, a full-service national lender to the multifamily, seniors housing, and health care industries, announced today that it has hired James Sherman as executive vice president – seniors housing to continue building the company’s seniors housing practice.
TODAY’S DEALS: 52-Story Condo Breaks Ground in San Fran
Principal, Urban Pacific begin a phase II condo project; Marcus & Millichap sells a 212-unit asset near Houston; and Walker & Dunlop closes on a $5.6 million loan.
Wood Partners Restarts 290-Unit High-Rise in Downtown L.A.
By Alex Girda, Associate Editor
Low construction costs and growing demand in all housing segments are helping multi-family projects in Los Angeles escape from development limbo. Among the latest is a 290-unit Downtown high-rise planned by Wood Partners and stalled since […]
FHLB Financing: An Affordable Housing Secret Weapon
FHLBanks deploy capital directly from their earnings, not taxpayers, and are one of the largest collective sources of home mortgage and community credit in the country.
TODAY’S DEALS: HFF Closes Sale of $130M Loan
HFF sells a loan secured by a Charlotte asset; MG Properties buys two California communities; and The Community Development Trust and LINC Housing Corp. form a joint venture to purchase a 60-unit asset in California.
Sterling Group Executive Honored for Commitment to Affordable Housing
The National Association of Home Builders (NAHB) named Lance Swank, president of the Sterling Group, the 2012 recipient of the Daniel M. Grady Memorial Award in recognition of his leadership within the association and his commitment to affordable housing.
CDT Teams with LINC Housing Corporation on Purchase Affordable Housing Development in Fresno
The Community Development Trust has partnered with LINC Housing Corporation, a Long Beach-based nonprofit builder of affordable housing for low-income families, seniors, and people with special needs, to purchase a 60-unit affordable housing development in Fresno, Calif.
SPECIAL REPORT: Colorado Wildfire Evacuees Find Opportunities for Temporary Housing
One resource that has already been of tremendous help is a one-stop-shop database specifically designed to connect evacuees to property management companies offering special deals.
Enter MHN and RENTCafe’s Pin Your Dream Apartment Contest!
Enter MHN and RentCafe’s Dream Apartment Pinterest contest. The winner will receive a new iPad!