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    After the housing crash, Detroit’s revival was powered by mission lenders. Nearly 42 percent of investment in Detroit real estate was possible with financing from such alternative financing organizations. Urban Institute’s Brett Theodos filled MHN in on mission lending and its opportunities for expansion.

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    The 295-unit Winthrop in Towson was completed in 2015 and traded with help from JLL. Pillar originated a $58.8 million Freddie Mac acquisition loan.

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    While it may seem like people only use social media to watch cute videos of cats and find the latest memes, it is much more than that. Join us for a free webinar on December 6th to discover the best ways property managers can utilize social media channels to retain and engage residents.

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    The three-phase development called Gustaf Wilhelm will break ground in June 2017 and is expected for completion in the second quarter of 2019.

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  • 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.

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    Grandbridge Real Estate Capital arranged the first-mortgage loan for construction of a 110-unit community in St. Louis Park.

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    Appealing workplaces, such as WeWork, are opening in the metro's core submarkets, attracting young professionals to live-work-play environments. Job growth has exceeded the national average and helps maintain a robust demand for apartments.

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