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  • South FL Luxury Apartments Sell for $68.2M

    The 400-unit luxury community's previous owner invested more than $3 million in capital improvements, repositioning the community for its sale price of $170,500 per unit.

    01 May 2017 17:25
  • Detroit: Far From Singing the Blues

    Despite numerous headwinds, the city is gamely bouncing back, thanks to concerted efforts by public and private sources to bring commerce and households back to the area.

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  • California MHC Lands $14M Refi Loan

    The 10-year fixed-rate loan has 9.5 years of yield maintenance and one year of interest-only payments, followed by a 30-year amortization schedule.

    18 April 2017 14:27
  • 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
  • East Dallas Townhomes Lands Construction Loan

    AHC Funds secured $11.4 million for the first development stage of a 125-unit community in Dallas. Metropolitan Capital Advisors' Justin Laub negotiated the financing on behalf of the borrower.

    31 July 2017 14:55
  • Foxford Launches Sales of Chicago TOD

    The 28-unit property, which also features retail space, will be the first transit-oriented condo development in the Western Springs, Ill., neighborhood.

    25 April 2017 09:48
  • Tips for Saving Money on Energy Bills

    Taking steps to make buildings more energy efficient not only has a positive impact on the environment but it can also save a lot of money for property owners in the small-balance market.

    28 June 2017 13:17
  • J Street Lands Dupont Circle Site for Condo Project

    The developer plans to build The Pacifica, a nine-unit luxury community in Washington, D.C. In partnership with the Dupont Circle Citizens’ Association, the company is offering the historic buildings currently on the site for free.

    28 June 2017 15:11
  • Strategic Properties Buys Condos, Plans Deconversion

    The company purchased the 207-unit Bel Harbour building in Chicago for $51.5 million, the largest bulk sale in the city to date.

    16 June 2017 13:47
  • IPA Intermediates Sale of Austin-Area Community

    Vantage at Georgetown is a 288-unit community strategically located north of Austin in Georgetown, Texas. The property was acquired by Pensam Residential.

    01 September 2017 14:56