Dusty Eddy

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  • REIT Nabs $57M NC Community

    Bluerock Residential Growth REIT acquired Wesley Village, a 301-unit property in Charlotte that the company plans to upgrade. The transaction was made possible through the assumption of a $41 million Freddie Mac loan.

    07 April 2017 13:48
  • HPI Acquires $23M Atlanta-Area Community

    This marks the final acquisition by HPI Real Estate Fund IV, which closed to new investors in December 2016 after purchasing 12 properties totaling 2,616 units.

    13 April 2017 16:22
  • HFO Sets Record With OR Sale

    The $40.5 million sale establishes a new record as the largest dollar figure in history for a Springfield multifamily property transaction.

    26 June 2017 15:19
  • 3 Things to Remember When Renting to Families

    Multifamily living offers a ton of perks, such as professional management, flexibility, less maintenance and increased safety. Carol Jackson, vice president of Morgan Properties, explores how to use these advantages to appeal to renters with children.

    17 May 2017 19:40
  • Top 5 NYC Multifamily Sales

    PropertyShark compiled the top 5 multifamily sales for June 2017 in New York City.

    24 July 2017 16:09
  • Economy Watch: Banks Tighten CRE Lending in Q1

    Banks cited a less favorable or more uncertain outlook for CRE property prices, vacancy rates or other fundamentals, as well as reduced risk tolerance as important reasons for tightening CRE credit policies in the first few months of 2017, according to the Federal Reserve's latest Senior Loan Office Opinion Survey.

    11 May 2017 14:13
  • Rent Growth

    Rents were up 2.0% nationwide in April, down 50 basis points from March and well below the 5.5% growth rate of a year ago. The 2.0% year-over-year increase is the lowest it’s been since April 2011, when rents were up only 1.5%.

    22 May 2017 19:19
  • Berkadia Closes Record Sale in Encinitas

    Property West Residential purchased a 120-unit community in San Diego County for $53 million from Equity Residential.

    01 August 2017 17:41
  • Hanover Unveils Atlanta Luxury Apartment Community

    The Hanover Company is preparing to open the doors of its upscale apartment community, a 20-story building that will also feature 12,500 square feet of ground-floor retail space.

    02 October 2017 22:11
  • Bellwether Enterprise Closes $51M Refi

    The company arranged the refinancing of Alley 111, a 12-story apartment building offering a mix of studios, one- and two-bedroom units, along with 4,000 square feet of retail space.

    19 September 2017 16:24