Eric Broughton

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  • On the Market: 5 Interesting Listings for the Week of 10/9

    This week's listings feature a renovated 1926-built property in Jacksonville, Fla., and a well-located duplex in Los Angeles.

    13 October 2017 14:06
  • Trion Properties Acquires Portland Community

    The acquisition of the 67-unit community marks the company’s fifth purchase in the Portland, Ore., region. Trion Properties plans to implement a series of renovation made to the exterior, as well as to the interiors.

    08 July 2017 00:31
  • 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
  • New DFW Affordable Senior Living to Open This Fall

    Mustang Creek Estates will build a 42,000-square-foot assisted living and memory care community in Sachse, Texas. The new development will comprise six homes, each housing up to 16 seniors.

    22 May 2017 15:34
  • Dallas Job Stats Point to Continued Growth

    According to the Bureau of Labor Statistics, Dallas trails only New York City when it comes to job creation, meaning that people will continue to flock to the Texan city for work. The city's current 95.1 percent occupancy rate indicates that it doesn’t have the massive multifamily shortage seen in other metros.

    02 May 2017 23:35
  • Will San Jose’s New Rules Hobble Its Market?

    Former Mayor Chuck Reed contends that the city’s restrictive new eviction regulations are discouraging development of badly needed new multifamily inventory.

    12 May 2017 13:35
  • Tucson Community Trades for $38M

    ROC Senior Living acquired Mission Palms from Stoneweg US. The property’s value rose by 46 percent since the last time it traded in 2013.

    14 August 2017 14:35
  • Burke Decor’s Wall Patterns Pack a Punch

    The commercial wallcoverings are more durable and easier to clean than traditional wallpaper, and the company offers faux finishes replicating the look of wood, marble, tiles and more.

    13 April 2017 13:32
  • Manhattan’s Beekman Tower Lands $70M Refi

    Meridian Capital Group arranged the 10-year CMBS loan for the 26-story Art Deco building. The property recently underwent a $24.2 million renovation to reposition it as corporate housing.

    04 August 2017 14:24
  • Brokers’ Corner: Douglas Elliman Adds Top Broker

    The company has hired Jerry Huang, a former Goldman Sachs executive with more than a decade of financial experience. In his role, he will be focusing on condos and new developments.

    13 July 2017 14:53