Derek Brown

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  • TD Bank Invests in Affordable Philly Community

    The bank provided a $9.1 million construction loan and purchased $12.0 million in federal tax credits. The money will be used to redevelop a nursing home into a 60-unit affordable housing project for seniors.

    18 October 2017 20:34
  • PASSCO Acquires Space Coast Property

    The company intends to initiate an array of capital improvements at the Class A property, which it purchased from Flournoy Cos. KeyBank Real Estate Capital’s Commercial Mortgage Group arranged acquisition financing for Passco Cos. through Fannie Mae.

    22 May 2017 14:49
  • Passco Invests $102M in Key West

    The company purchased the 297-unit Ocean Walk Apartments from a joint venture of Mast Capital and Rockpoint Group. ARA Newmark represented both the buyer and seller.

    25 August 2017 14:32
  • Fifield Begins Construction on Largest Tower in Chicago

    A joint venture with F&F Realty broke ground on 727 West Madison, a 44-story, 492-unit luxury community with more than 10,000 square feet of retail space, in the West Loop.

    02 May 2017 16:06
  • How Good Cybersecurity Habits Could Save You Millions

    Landlords collect extremely valuable information from residents. What many don’t know, however, is that they are liable if their residents’ information is stolen.

    30 August 2017 18:01
  • JLL Closes 238-Unit TX Community Sale

    M-DW LP sold a 238-unit multifamily community in Galveston, Texas. Gulf Coast Kington Properties purchased the 15-building property, which includes one- and two-bedroom units.

    07 November 2017 15:04
  • Marcus & Millichap Leads Sale of Dupont Apartments

    The four-unit property sold for $2.3 million to a Washington, D.C., condo developer. Marcus & Millichap represented the seller, a private investor.

    03 May 2017 17:36
  • On the Market: 5 Interesting Listings for the Week of 8/21

    This week's listings feature a 1938-built asset including a mix of property types situated on four parcels in California, as well as a 123-unit community in the growing Seattle submarket of Lynnwood.

    25 August 2017 15:21
  • Chicago’s Aurélien Ready for Residents

    Ryan Cos. completed the 31-story, 368-unit luxury tower some two years after it broke ground on the high-rise project. The cost of the development reached $100 million.

    02 August 2017 15:05
  • Gerber Plumbing Debuts Water-Efficient Toilets

    Toilets are one of the leading sources of water waste in residential properties, but the company's new model uses only one gallon of water per flush, making it perfect for communities aiming to increase efficiency.

    29 June 2017 15:20