George Merrick

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  • San Diego Apartments Snag $38M Refi

    KeyBank Real Estate Capital arranged the financing, 12-year term, seven-year interest only period and a 30-year amortization schedule for the 255-unit Stonewood Garden Apartment Homes.

    27 April 2017 19:16
  • Berkadia Secures $96M for PA, VA Properties

    The company's HUD team secured financing for three properties: $67.1 million for two properties in Philadelphia, the largest HUD 223(f) loans originated in the area in the last five years, and $29.1 million for a property in Richmond, Va.

    20 September 2017 15:57
  • Clayton Nash Takes Over Phoenix Firm

    Through the absorption of Uptown Realty, the company will transfer all agents as well as its office location in the Atlanta Biltmore. The company also revealed plans to hire up to 1,200 agents and add several more branch locations this year.

    25 July 2017 18:55
  • Employment Gains Spur Growth in Philadelphia

    An evolving wage structure, influx of young professionals and boom in hospitality and development are helping the city's multifamily market keep its head above water.

    12 September 2017 14:43
  • Economy Watch: Certain Residential Markets Overvalued

    In San Francisco, real residential prices have soared 65 percent since 2012, and remain 6 percent above the national average, according to the latest UBS 2017 Global Real Estate Bubble Index.

    29 September 2017 13:32
  • Dougherty Secured Loan for New Brighton Community

    The company closed a $1.6 million Fannie Mae loan for a two-building multifamily property in New Brighton, Minn. The community was 99.1 percent occupied as of March.

    08 May 2017 08:54
  • Steady San Diego

    Rents were up 4.8 percent in the year ending in March, continuing to outperform the national average, Yardi Matrix data shows. And at 96.8 percent, the metro’s occupancy rate is one of the highest in the country.

    23 May 2017 08:01
  • On the Market: 5 Interesting Listings for the Week of 5/8

    This week's listings include a Phoenix garden-style community for $1 million and a well-designed urban property in Portland.

    12 May 2017 16:49
  • AvalonBay Obtains $185M Refi for 3 Properties

    The portfolio features 1,384 units located in Los Angeles, Calif., and in Laurel, Md. Bellwether Enterprise facilitated the loans.

    21 August 2017 17:28