Anand Nallathambi

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  • Dougherty Secured Loan for New Brighton Community

    The company closed a $1.6 million Fannie Mae loan for a two-building multifamily property in New Brighton, Minn. The community was 99.1 percent occupied as of March.

    08 May 2017 08:54
  • Pathfinder Acquires $16M Senior Housing

    The company formed a joint venture with Denver-based Hillcrest Development Group to purchase Shalom Park Senior Living Campus. Pathfinder will implement a $3 million renovation plan and will rebrand the property as V-Esprit.

    16 June 2017 17:39
  • Fairfield Residential Secures $51M for MD Apartments

    The seven-year, fixed-rate Fannie Mae loan for the 386-unit Rock Spring has three years of interest-only payments and five years of yield maintenance with a 1 percent prepayment penalty afterward.

    16 October 2017 13:52
  • Texas Apartments Change Hands

    RailField Realty Partners has acquired Cedars of San Marcos, a 168-unit property in San Marcos. The company plans to spend approximately $2 million on renovations.

    26 September 2017 15:57
  • Steele Acquires AL Affordable Apartments for $23M

    The company plans to renovate the 200-unit Summit Ridge Apartments in Birmingham, giving the community new roofs, exterior doors, siding repairs and attic insulation for increased energy efficiency.

    05 July 2017 15:36
  • Rockpoint Group Snags $87M FL Community

    Related Development, the multifamily component of Related Group, sold Town at Pembroke Pines, a recently completed 356-unit property in Pembroke Pines, Fla. During the past 18 months, the company sold three completed multifamily projects totaling more than $290 million.

    27 April 2017 08:33
  • Rents Rise Despite Surging Deliveries in Denver

    Growth has cooled since the metro was among the nation’s leaders in appreciation, but rents are now increasing at a more sustainable pace.

    05 September 2017 09:13
  • Investment Sales

    Transaction volume value in the prior 12 months for all the property types was $447.9 billion, with garden apartments commanding the highest value at $97.5 billion. Mid- and high-rise and garden apartments represented 33 percent of the total transaction volume in the past year.

    14 April 2017 16:06
  • Why So Serious?

    Living in an apartment community is no laughing matter. Or is it? This month, in honor of April Fool's Day, we paired up with Kingsley Associates to find out what residents joke about.

    07 April 2017 19:53
  • HTG Debuts Luxury AZ Community

    Aviva, located in the Phoenix suburb of Mesa, Ariz., will feature 325 one-, two- and three-bedroom units. The $63 million project will welcome its first residents in January 2018, and Mark-Taylor will handle leasing.

    19 October 2017 15:58