Fred Cochran

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    Berkadia arranged the sale on behalf of the seller, Mill Creek Residential. The 396-unit Modera Spring Town Center comprises 21 two- and three-story buildings.

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  • The Mark Co. to Make Its Mark on LA Residences

    The 504 Oceanwide Plaza luxury condos are part of a $1 billion project slated for completion in 2019. Marketing and sales for the development will be handled by The Mark Co., a subsidiary of Pacific Union International.

    04 April 2017 09:02
  • Economy Watch: US Lost 33K Jobs Due to Harvey, Irma

    The number of jobs lost in September compares to the average gain of 172,000 jobs per month over the last year, according to the Bureau of Labor Statistics.

    06 October 2017 14:05
  • Development Boom Tempers Rent Growth in Chicago

    The city has seen costs moderate, in keeping with the nation as a whole, and features a bifurcation between luxury and working-class units.

    27 July 2017 08:41
  • Aimco Buys Out Palazzo JV Partners for $452M

    The company sourced funds for the acquisition by taking title subject to existing allocable debt and using cash proceeds from the pending sales of some of its assets in the Northeast.

    11 July 2017 12:43
  • Passco Shells Out $54M for Florida Community

    The buyer worked with a mortgage group to secure a 10-year acquisition financing for the deal.

    04 May 2017 13:48
  • Lantower Lands 451-Unit FL Asset

    The company purchased Seneca at Cypress Creek, a 2010-built community in the Lutz/Wesley Chapel submarket of Tampa, Fla. With this acquisition, Lantower’s portfolio comprises 14 multifamily properties totaling 4,600 residential units.

    16 October 2017 14:31
  • IRET Buys in Hot Twin Cities Market

    The company acquired the 500-unit Park Place in Plymouth, Minn., for $92.3 million. The community consists of four apartment buildings and is currently more than 95 percent occupied.

    18 September 2017 17:49
  • Urby Leasing 3rd Development in NJ

    The company launched Harrison Urby, a 409-unit community in Harrison, N.J., offering amenities such as Urby Blues, an onsite recording studio that serves as practice space for the jazz musician-in-residence.

    28 August 2017 14:16
  • Tech Topics: EdR Helps Students Move In, Plug In

    Public REIT EdR owns some 45,000 beds in 80 campus communities, and has been in business for more than 50 years. CTO Scott Casey considers what students expect from their living environments and describes how EdR delivers cost-controlled, secure solutions to university residents.

    05 April 2017 19:13