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  • Dougherty Closes $14M Loan for Minneapolis Asset

    The company worked on behalf of the borrower, Eagan Apartment Associates LLP, to close the 12-year term loan. The community was 98.2 percent occupied as of August.

    05 October 2017 13:35
  • Luxury Apartments Target Silicon Valley Workforce

    CityView and Greystar are developing Elan Menlo Park, a 146-unit community within six garden-style buildings in Menlo Park, Calif.

    20 July 2017 16:09
  • Top 10 Largest DC Communities Under Development

    The city's multifamily market is experiencing strong fundamentals, including robust employment, healthy population gains and record-breaking rental rates, per-unit prices and median home values.

    20 July 2017 08:59
  • Hunt Secures Fannie Mae Loan for TX Portfolio

    The sponsors obtained two loans to refinance the 888-unit, three-property portfolio. The proceeds will pay for energy- and water-saving improvements.

    14 November 2017 16:11
  • Electra America Snags Fourth Tampa Community

    Starwood Capital sold Northgreen at Carrollwood, a 438-unit luxury asset. Berkadia’s South Florida and Philadelphia teams arranged a $39.8 million Fannie Mae loan.

    22 August 2017 11:40
  • The Unknown Future of Housing Finance Reform

    The consensus at the Mortgage Bankers Association 2017 Annual Convention and Expo in Denver is that housing finance reform needs to occur, and that conservatorship of the GSEs should end.

    25 October 2017 17:06
  • New Affordable Housing Coming to San Diego

    Affirmed Housing began construction of a 79-unit community in Pacific Highlands Ranch. Dubbed Luna, the property will rent to those who earn between 50 and 60 percent of the area’s median income.

    21 September 2017 17:07
  • 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
  • Origin Buys Upscale Community in Atlanta

    The apartment community is located in Atlanta's busy Poncey-Highland neighborhood and features 20,000 square feet of ground-floor retail. The company plans to add more units and an office, on the adjacent land parcel.

    06 October 2017 11:59
  • Real Money

    A billion here, a billion there, and pretty soon you’re talking real money,” Everett Dirksen once said, and the legendary lion of the Senate would have to admit that $3.4 billion is a nice chunk of change. That’s how much multifamily property owners could save every year through energy efficiency upgrades, according to a 2016 estimate by the American Council for an Energy-Efficient Economy.

    03 October 2017 06:49