David Schechtman

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  • The Big Apple is Tasty

    New York City multifamily assets saw aggressively higher prices throughout all submarkets and pricing metrics in 2013 as demand, driven by rising rents and low interest rates, continued to outpace supply. Average capitalization rates dropped while gross rent multiples, prices per square foot, and prices per unit rose.

    National 03 April 2014 08:00

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    The portfolio was refinanced over the course of six months, with Walker & Dunlop Vice President Dough Hart leading the origination team. The 10-year term Fannie Mae loans have 30-year amortization schedules.

    28 June 2017 12:17
  • Trade Groups in Effort to Fix Bank Lending Rules

    Proposed legislation would maintain high-volatility commercial real estate's higher capital charges, but clarify which loans are subject to the rules.

    13 April 2017 14:33
  • Greystone Oversees Financing for NY Apartments

    The company facilitated $82.3 million in loans for a community in Hempstead, on Long Island, and three properties in Astoria, Queens.

    03 May 2017 14:09
  • Related Lands $52M for FL Community

    JP Morgan arranged the construction loan for Town Southern, located in Royal Palm Beach. The 392-unit community is scheduled for completion in 2018.

    29 August 2017 15:23
  • $500M Fund to Focus on Suburban Multifamily

    Greg Ward, CIO at Atlantic|Pacific Real Estate Cos., revealed the company’s plans for its second multifamily investment fund with Blue Arch Advisors and the challenges they face in the multifamily market.

    05 July 2017 15:24
  • Far South Houston Community Changes Hands

    Highland Capital Management sold Regatta Bay Apartments, a 240-unit community in Seabrook, Texas, to Lloyd Jones Capital. This is the eleventh Texas property operated by the new owner.

    19 July 2017 17:34
  • Brooklyn Condo Tower Kicks Off Sales

    Developed by Mack Real Estate Group and Palin Enterprises, the 40-story luxury tower will be the tallest building in the borough’s Greenpoint neighborhood and will feature 95 units.

    03 July 2017 14:00
  • Top 5 Student Housing Communities in Greater Boston

    One of the world's best-known academic hubs, Boston continues to benefit from top-ranked universities. However, the city's affordability issues are pushing students out of core submarkets to the outskirts of the MSA.

    30 May 2017 14:35
  • Ginkgo Residential Lands 201-Unit NC Community

    House Co. sold Willowdaile Apartments in Durham for $11.8 million. The property is only a few miles from Duke University’s campus.

    18 May 2017 17:14
  • The September digital issue of MHN is now available!

    The September issue focuses on Property Management, including how to keep your residents' data safe from a cyber-attack, and a look at insurance rates with predictions on how long the market will last. Additionally, we have a column from NMHC detailing why the federal government most act on flood insurance premiums, a particularly important and relevant topic as we see firsthand the damage caused by Hurricane Harvey.

    06 September 2017 08:59