Andy Ahlers

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  • 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
  • Greystone Provides $79M FHA Loan for Michigan Portfolio

    The portfolio includes both market-rate and affordable housing communities that will be renovated using the funds. Most of the properties are owned by the Altman Cos.

    05 July 2017 18:27
  • HFF Chicago Appoints New Director

    David Gaines, former managing director at Berkadia Real Estate Advisors, brings more than 16 years of experience in multi-housing investment sales, debt placement and equity placement.

    04 May 2017 16:35
  • Starlight Launches $1.3B Acquisition Drive

    The firm will continue to target Class A properties in the South and West through a new partnership with two institutional investors.

    01 August 2017 14:09
  • 3L Closes on Milwaukee Asset, Plans Conversion

    The company will invest $15 million to transform the former office property at 735 W. Wisconsin Ave. into a 144-unit apartment building.

    22 May 2017 17:25
  • PAC Buys Recently Built Virginia Community

    The company purchased Founders Village, a 247-unit community in Williamsburg, Va., and financed the acquisition using a portion of the proceeds from a 1031 exchange sale.

    05 April 2017 14:09
  • PAC to Invest $18M in Atlanta Development

    Preferred Apartment Communities also has the option to purchase the 258-unit property in Lindbergh at a discounted price, following the asset's stabilization.

    03 August 2017 13:42
  • Sagora Senior Living Sets Foot in Katy, TX

    The senior housing operator acquired The Orchard Assisted Living & Memory Care, their first community in Katy, Texas. The property consists of 50 assisted living units and 40 memory care apartments.

    03 May 2017 12:00
  • Franklin Street Closes Sale of 111-Unit Florida Asset

    Cornerstone Pointe Apartments traded for $10.6 million. Milbrook Properties Ltd. purchased the community from Everett Realty Services. The community last traded in 2010 for $3.6 million.

    22 May 2017 23:56
  • Raiders of the Lost Rate Hike

    While Fed Chair Janet Yellen has suggested the potential for multiple rate hikes through 2018, several factors should influence her plan to be implemented with caution, argues Stepp Commercial Vice President Mark Ventre.

    03 August 2017 17:54