Harbor Cove Apartment Homes
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Essex Property Trust Sells Calif. Apartment for $138M
IPA brokers a 400-unit sale in California; NorthMarq Capital arranges $52.3 million for an apartment acquisition in Austin; and Franklin Street closes on a $8.5 million, 10-year, loan, at 3.96 percent interest for the first two years.
National 13 August 2013 18:06
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JLL Secures Financing for Partially Affordable Community
S2 Capital used the loan for the acquisition and rehabilitation of High Pointe Village. Of the community's 268 units, 66 are affordable.
08 June 2017 16:19 -
Ceruzzi Gets Massive Loan for Midtown Manhattan Condos
The company received $300 million for completion of a 72-story building with 124 condos, 7,500 square feet of retail space and a 25-space garage.
08 August 2017 17:30 -
Torchlight Provides $80M Refi for Suburban Chicago Community
The firm recapitalized 500 Station, a 417-unit asset in Aurora, Ill., with senior and mezzanine financing. Aurora is connected by local shuttle to the Route 59 commuter rail station, which offers express service to central Chicago.
14 April 2017 16:53 -
On the Market: 5 Interesting Listings for the Week of 9/18
This week's listings include the recently completed rehabilitation of an historic 18-unit building in Jersey City, N.J., and a new townhouse asset in New Hampshire that comes with an adjacent lot available for future development.
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Economy Watch: Architects a Little Less Busy in September
The seven-month streak of steady growth in demand for design services ended in September, with the American Institute of Architects' Architecture Billings Index dipping to 49.1 for the month.
19 October 2017 15:56 -
WinnCos. Eyes $19M Rehab for NJ Affordable Community
The firm plans to make significant interior and exterior upgrades to the newly acquired Bridgeton Villas Apartments, a 156-unit community in Bridgeton, N.J.
03 August 2017 15:26 -
How the Hiccup in New York Rents Affects NJ’s Gold Coast
Northern New Jersey's "Gold Coast," which offers easy transportation to Manhattan, may have to compete for its spot as supply increases in the five boroughs.
05 April 2017 15:30 -
Berkadia Secures $23M Loan for NC Multifamily Development
Senior Managing Director James Tanner and Managing Director Henry Tanner arranged the financing through a HUD program. The loan will be used for Preserve at Carteret Place, a community in Morehead City, N.C.
21 July 2017 14:58 -
CMBS Delinquencies
The total delinquent balance fell for multifamily ($-38m, $484.1m), lodging (-$134m, $1.2b), office (-$122m, total $5.3b), industrial (-$59m, $1b), and rose for retail ($61m, $5.6b).
30 August 2017 18:51 -
Top 10 Apartment Owners in Atlanta
The area's healthy economy and broad-based job and population growth are fostering demand for rentals and attracting developers and investors. This list highlights the metro’s top private, REIT and institutional owners, based on unit counts, according to Yardi Matrix data.
05 July 2017 14:34