Bernie Langan

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  • Phoenix Community Sells for $30M

    Berkadia represented the seller, a subsidiary of Evergreen Development Co., which sold the 152-unit property to Pure US Apartments REIT.

    21 June 2017 18:36
  • Top 5 NYC Multifamily Sales

    PropertyShark compiled the top 5 multifamily sales for May 2017 in New York City.

    19 June 2017 19:49
  • ARA Leads $38M CO Community Transaction

    Previously owned by Jackson Square Properties, the 257-unit community is located in Lakewood, Colo.

    04 October 2017 14:04
  • IRET Acquires $62M Minneapolis Community

    The company acquired a Minneapolis community, located in one of St. Paul’s most vibrant neighborhoods. The property was 45 percent pre-leased as of April.

    29 May 2017 13:14
  • Embracing Efficiency

    Since the Great Recession, the U.S. has increasingly become a renter nation. Renters encompass more than one-third of total U.S. households, with 18.7 million households residing in buildings with five or more units, according to National Multifamily Housing Council data.

    06 April 2017 11:46
  • Berkadia Secures $25M Loan for TX Community

    Berkadia arranged the acquisition loan on behalf of Faudree Ranch Apartments LLC. The 300-unit community in Odessa, Texas, was 90 percent occupied at the time of the transaction.

    31 May 2017 14:30
  • JV Wins Equity Funding for D.C.-Area TOD

    A joint venture between Peter N.G. Schwartz Management Co. and Hensel Phelps Construction Co. obtained $16 million of preferred equity toward the development of Allure Apollo in Camp Springs, Md.

    01 May 2017 16:12
  • 2017 Real Estate Education Programs

    As the demand for higher education increases across industries, the number of universities with real estate-specific programs continues to grow.

    20 April 2017 12:37
  • Economy Watch: Construction Spending Flat in May

    Residential construction was up 0.5 percent and non-residential construction was down 0.3 percent, leading total construction to remain flat for the month, according to the U.S. Census Bureau. Compared to May 2016, however, all major nonresidential construction categories enjoyed increased spending.

    05 July 2017 13:35
  • SG Blocks to Develop Largest Projects in Company History

    The developer of container-based structures plains to build two low-income housing projects totaling 390,000 square feet in New York State. Both multistory buildings will be fully modular.

    05 October 2017 14:59