Curt Bailey

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  • Security Properties Expands Its Seattle Portfolio

    Together with Intercontinental, the company purchased the five-story building located near Seattle’s Central Business District. The average rental rate was $1,493 as of May.

    12 June 2017 16:53
  • Asset Campus Readies FL Project for Fall Debut

    The 434-bed Domain sits adjacent to FSU Tallahassee and allows residents walking access to campus providing access to campus through a tunnel that runs under Tennessee Street.

    24 July 2017 16:26
  • Pennrose Hires Veteran as VP of Operations

    Barry Weaver will provide leadership to regions in eastern Pennsylvania and New Jersey. He has more than 25 years of experience in multifamily property management.

    09 May 2017 13:51
  • 29th Street Capital Buys 12th Bay Area Community

    The acquisition of the 79-unit community in San Leandro, Calif., brings the company’s multifamily portfolio to more than 7,600 units. As part of its value-add investment strategy, the company plans to invest $2.3 million in capital improvements.

    13 April 2017 13:42
  • Dominium Expands Orlando Presence

    The Minneapolis-based developer has acquired the 120-unit Chelsea Park Apartments, with plans to renovate the community and upgrade its amenities.

    06 April 2017 14:55
  • IRT Acquires 328-Unit Raleigh-Durham Community

    Previously managing the property on behalf of RAIT Financial Trust, the company recently acquired the asset for $43 million. The community is located in the Raleigh-Durham market, in close proximity to prestigious universities and major employers.

    12 July 2017 18:23
  • Supply Concerns Bypass Securitized Multifamily: KBRA

    The bulk of underlying collateral for Freddie Mac and CMBS multifamily loans is Class B and Class C properties, the bond rating agency reports. KBRA forecasts a positive performance for these assets.

    01 August 2017 13:24
  • Financing Affordable Communities in NY

    James Dittbrenner, managing director at Sterling Bank, discusses the process behind a bank's decision to finance affordable housing projects such as the Newburgh CORe Neighborhood Revitalization in Orange County, N.Y.

    02 May 2017 14:55
  • Jefferson Apartment Group Plans VA Development

    The site, formerly the home of the sports bar CarPool, is approved for up to 330 residential units in a 22-story high-rise community in Arlington.

    24 April 2017 08:58
  • CMBS Delinquencies

    The total delinquent balance fell for multifamily ($-38m, $484.1m), lodging (-$134m, $1.2b), office (-$122m, total $5.3b), industrial (-$59m, $1b), and rose for retail ($61m, $5.6b).

    30 August 2017 18:51