Allan Backhaus

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    The $6.6 million loan will be used to refinance Woodland East Apartments, a 224-unit affordable housing property in Michigan City.

    05 October 2017 13:10
  • Historic Brooklyn Building Up for Grabs

    Greysteel’s Michael Stimler and Ari Azarbarzin will market the 10-unit 185 Prospect Park W. The property was constructed in 1920 and is located steps away from the 15th Street-Prospect Park subway station.

    21 April 2017 09:42
  • Top Amenities for the 2017 Renter

    In the era of smart homes, it’s still the ordinary amenities that add value to an apartment. In the end, comfort beats innovation.

    31 August 2017 18:39
  • California MHC Lands $14M Refi Loan

    The 10-year fixed-rate loan has 9.5 years of yield maintenance and one year of interest-only payments, followed by a 30-year amortization schedule.

    18 April 2017 14:27
  • Post South Lamar Phase II Finalized, Begins Leasing

    The 344-unit community, located in Austin’s West End submarket, offers studio, one- and two-bedroom units averaging 734 square feet. The leasing activity has started and the property will open on June 15.

    08 June 2017 09:13
  • Market Pulse for June 2017

    Commentary and data were supplied by Michael Neal, a senior economist with the National Association of Home Builders (NAHB).

    22 May 2017 19:48
  • Boston Project Transforms 4 Sites into Affordable Housing

    Codman Square Neighborhood Development Corp.'s $20 million Dorchester initiative includes 44 units in four buildings, two of which were constructed by NEI.

    15 May 2017 13:51
  • Rainbow Tapped for Phoenix Affordable Community

    The company will offer the residents of La Palmilla Apartments free on-site programs once the current owner, Reliant Group Management, completes renovations in mid-2018.

    18 August 2017 14:00
  • Ridge Capital, Andell JV Snags Sacramento Community

    The Class B property traded for $22.4 million and is located in a submarket with a 13.7 percent year-over-year rent increase, almost seven times the national rate.

    20 July 2017 17:24
  • SummerHill Wraps Santa Clara Luxury Community

    The company broke ground on the 186-unit property designed by KTGY Architecture + Planning at the end of 2014. The four-story property features one- and two-bedroom luxury apartments ranging from 758 to 1,378 square feet.

    08 May 2017 16:44