Jerry Picaso

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  • Changing the HVCRE Rules: What to Expect

    In a strict lending environment, the clarification of High Volatility Commercial Real Estate (HVCRE) regulation could help improve loan terms for investors and developers. However, the long-awaited changes, stipulated in a bill referred to the House Financial Services Committee, have little chance of being approved and implemented, Alston & Bird's Gregg Loubier told MHN.

    18 July 2017 18:29
  • Mixed-Use Project Opens in Downtown Portland

    The Greystar-managed Sky 3 comprises 196 units, of which 39 will remain affordable for at least 10 years. The community also offers a 13,000-square-foot retail space.

    06 June 2017 13:57
  • MedEquities Buys CT Skilled Nursing Facility from Prospect Medical

    Prospect ECHN Eldercare Services Inc. leased the 65,000-square-foot property in Tolland, Conn., which changed hands for an aggregate cash price of $10 million.

    10 July 2017 16:45
  • Blinds Between Glass Keep Rooms Cool, Reduce Damage

    ODL's Blink Blinds + Glass encases blinds within insulated glass, avoiding the dust accumulation, tangling and breakage that often occurs with traditional blinds.

    27 April 2017 12:55
  • 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
  • August Continues Rent-Gain Streak

    The economy is doing well and multifamily demand has been consistent, so supply has been one of the trouble spots. However, rents have still increased every month during 2017.

    06 September 2017 14:18
  • Griffis Wins $82M for Downtown Denver Apartments

    The 400-unit property is located in the North Union Station neighborhood.

    29 March 2017 08:23
  • Miami’s 1010 Brickell to Begin Closings

    The 389-unit tower, a partnership of Key International and 13th Floor Investments, underwent 36 months of construction and is currently 99 percent sold.

    28 August 2017 14:18
  • JV Breaks Ground on Upscale Dayton-Area Apartments

    Mills Development and Hills Properties began work on a 312-unit community adjacent to Cross Pointe Shopping Center in Centerville, Ohio. The project will be known as Allure Luxury Apartments.

    21 September 2017 14:10
  • Timbers Resorts Lands $50M Financing for SC Residential Project

    HFF secured the construction financing from Mosaic Real Estate Credit LLC for Timbers Resorts to develop Timbers Kiawah – Ocean Club & Residences, the first private residence club on Kiawah Island.

    07 April 2017 21:40