Greg Blais

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  • IRET Acquires $62M Minneapolis Community

    The company acquired a Minneapolis community, located in one of St. Paul’s most vibrant neighborhoods. The property was 45 percent pre-leased as of April.

    29 May 2017 13:14
  • Multifamily Lending Heads into Extra Innings

    Multifamily assets are often subject to stricter lending standards than they were a few years ago, but the right sponsors and projects can still secure funding. In this Viewpoint piece, a Webster Bank executive weighs in on the changing capital markets landscape.

    11 May 2017 15:39
  • Peak Campus Launches Theory Brand

    The company is introducing its brand at two new student housing developments in Raleigh, N.C., and Syracuse, N.Y. Theory Raleigh and Theory Syracuse are slated for completion by the fall of 2018 and will feature a combined 1,126 beds.

    25 September 2017 14:42
  • Terwilliger Pappas Breaks Ground on NC Community

    The 194-unit property near Duke University will feature upscale amenities such as a yoga studio and a heated pool.

    30 June 2017 15:02
  • 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
  • Contract Administration Key to Addressing Growing Rental Housing Demand

    Third-party contract administrators boost efficiency at HUD’s rental assistance programs and get scarce resources where they’re urgently needed, contends a former agency official.

    10 May 2017 16:10
  • Cornerstone Senior Living Expands in TX

    The company acquired Three Forks of Forney, a 60-unit, 72-bed assisted living and memory care community in Forney, for $12.5 million.

    26 April 2017 17:26
  • Sunshine Management Lands $34M Atlanta-Area Community

    Sunshine Management acquired the 260-unit property from Fortress Investment Group. The sale was subject to a $25.4 million Fannie Mae loan.

    18 July 2017 13:39
  • Phoenix Community Scores $24M Financing

    The real estate investment trust arranged the first mortgage financing for the community. Pinnacle at Union Hills was purchased for $48 million using proceeds from an equity offering.

    13 July 2017 11:59
  • Aztec Group Secures $5M for FL Senior Communities

    The Memory Lane Cottages in Oviedo and Tampa are assisted living facilities specializing in serving individuals with Alzheimer and dementia-related disease. Charles Penan, executive vice president, and Howard Taft, senior managing director, brokered the deal.

    05 September 2017 16:05