You May Also Like

  • Phoenix Community Commands $42M

    Brass Enterprises made its first foray into the metro’s multifamily market with the acquisition of 1221 Broadway, a 194-unit garden-style property in Tempe, Ariz.

    12 July 2017 08:30
  • How to Cut Your Hot-Water Costs

    Is a conventional electric heater or a hybrid model the best bet for your property? An expert offers tips on selecting, installing and getting maximum energy savings from your equipment.

    21 June 2017 15:06
  • CMBS Delinquencies

    The total delinquent balance fell for multifamily ($-38m, $484.1m), lodging (-$134m, $1.2b), office (-$122m, total $5.3b), industrial (-$59m, $1b), and rose for retail ($61m, $5.6b).

    30 August 2017 18:51
  • Hunt Mortgage Procures $44M for Seattle Community

    Soma Towers consists of two buildings offering 276 units, of which 20 units are affordable. Soma Towers Phase II was developed by Soma Towers DE LLC, in 2016.

    01 August 2017 17:34
  • Berkadia Facilitates $15M Vegas Sale

    Desert Palms North Apartments was built in 1992 and features mixed unit types, ranging in size from 520 to 975 square feet. According to Yardi Matrix data, monthly rent averages at $648.

    19 October 2017 15:47
  • Tarrytown Boutique-Style Community Announces Opening Date

    Located west of MoPac, in Central Austin’s Tarrytown, the property includes 27 new residential units up for lease. The community offers the unique feature of having no stairs, only elevators to and from its underground parking.

    16 May 2017 09:12
  • Walker & Dunlop Originates $34M Loan for CA Affordable Asset

    The loan will be used to finance Campus Oaks Phase I, an affordable community in suburban Sacramento. Walker & Dunlop worked on behalf of The Canel Cos.

    21 July 2017 12:54
  • Meridian Capital Secures $23M for Illinois Community

    The equity and bridge financing was obtained on behalf of Odessa Partners and used for the purchase of Stratford Trails, a community in Glendale Heights, Ill. The buyer intends to upgrade the asset.

    25 August 2017 10:45
  • Hanover Unveils Atlanta Luxury Apartment Community

    The Hanover Company is preparing to open the doors of its upscale apartment community, a 20-story building that will also feature 12,500 square feet of ground-floor retail space.

    02 October 2017 22:11
  • Sift Through White Noise to Uncover Hidden Value

    An expert from Marcus & Millichap discusses the importance of analyzing market dynamics and the operational aspects of a property in order to suss out value-add opportunities.

    24 May 2017 17:45