Andy Coelho

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  • MCA Secures Houston Memory Care Construction Loan

    MCA has secured a $7.1 million loan for the project, which will feature 90 beds and a community center. Guidon Building Solutions will develop the facility in two phases.

    09 June 2017 16:11
  • 2 CA Communities Trade for $33M

    The Commons Apartment Homes, a 100-unit community on Standiford Ave., and Summerview Apartment Homes, a 136-unit community on Prescott Road, both in Modesto, Calif., have traded for a total of $32.56 million.

    05 July 2017 19:46
  • 29SC Expands Into Sacramento With 110-Unit Community

    The company plans to spend $1.3 million in capital improvements in the property located in Citrus Heights, Calif., a submarket with a more than 8 percent rental rate growth.

    20 June 2017 16:42
  • Work Slated to Begin on Second Phase of MD Mix-Use Apartments

    Berman Enterprises' affiliate LIVEbe has started design work on the second phase of The Remy, a mixed-used property in Lanham, Md.

    14 November 2017 15:26
  • U.S. Equity REITs

    As of June 30, the SNL U.S. REIT Multifamily index recorded a one-year average dividend yield of 3.2 percent, 0.6 percentage points behind the broader U.S. Equity REIT index.

    24 July 2017 16:13
  • HFF Arranges Sale of DE Apartment Community

    The 301-unit apartment community known as Brandywine Hundred Apartments changed hands for an undisclosed price. The property is located near major thoroughfares and is 20 minutes away from the Philadelphia International Airport.

    21 September 2017 08:52
  • CMBS Delinquencies

    New delinquencies totaled $1.1 billion during the month compared with $709 million in resolutions.

    30 October 2017 17:05
  • Economy Watch: Banks Tighten CRE Lending in Q1

    Banks cited a less favorable or more uncertain outlook for CRE property prices, vacancy rates or other fundamentals, as well as reduced risk tolerance as important reasons for tightening CRE credit policies in the first few months of 2017, according to the Federal Reserve's latest Senior Loan Office Opinion Survey.

    11 May 2017 14:13
  • Houston-Area Communities Land $87M in Financing

    Two Houston-area multifamily assets, totaling 1,553 units, received $87 million in financing. Combining first mortgage and mezzanine loans, both projects obtained floating-rate, interest-only and non-recourse loans.

    16 October 2017 13:35
  • Economy Watch: Construction Spending Edges Down in June

    Private and public spending both decreased in June, with all property types seeing a decline aside from office construction, according to the U.S. Census Bureau's latest report.

    02 August 2017 13:56