Jo Ann Herold

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  • Investor Acquires, Merges 2 FL Properties

    Northland Investment Corp. has acquired Mallards Cove and Shell Trace in Jupiter, Fla. Renamed Jupiter Isle, the new property features 359 units set on a low-density, 42-acre site.

    25 August 2017 09:44
  • In Case You Missed It: MHN’s Top 5 Posts in August

    Miss out on any of our articles or videos? Catch up with five of our most popular posts for the month.

    01 September 2017 14:33
  • Economy Watch: Interest Rates Stay Still

    As widely expected, the Federal Open Market Committee maintained the target federal funds rate at 1 percent to 1.25 percent. The committee noted the likelihood of gradual rate increases down the line.

    02 November 2017 15:16
  • Steadfast REIT Purchases $63M Denver Asset

    The acquisition of Belmar Villas marked the REIT's sixth multifamily purchase. The 318-unit community comprises 17 three-story buildings featuring one-, two- and three-bedroom floorplans that will soon undergo renovations.

    31 July 2017 14:12
  • Investcorp Snags Phoenix Community for $50M

    The 582-unit Tuscany Palms in Mesa, Ariz., last traded in 2014, when P.B. Bell paid $29.5 million for its acquisition.

    19 July 2017 08:15
  • San Jose Luxury Development Lands $201M

    HFF worked on behalf of Greystar to secure the construction loan through Otéra Capital. The Reserve is expected to be completed in 2020.

    18 October 2017 15:17
  • Interforum Debuts Chicago-Area Luxury Townhomes

    Featuring designs inspired by the work of Frank Lloyd Wright, the community comprises 29 luxury townhomes on the site of a former lumberyard.

    20 June 2017 15:43
  • CapStack’s Stake in Multifamily Investment

    The New York City-based firm is focusing on value-add opportunities in the Southeastern U.S. With 15 years of experience in the industry, Portfolio Manager Ben Inman will handle acquisition and asset management of CapStack’s multifamily investments.

    06 September 2017 13:47
  • South Dallas Community Snags $10.5M Refi

    Justin Laub of Metropolitan Capital Advisors secured a 12-year term Fannie Mae loan for La Hacienda Apartments. The 16-building asset offers convenient access to and from interstates 20 and 35.

    12 September 2017 14:22
  • Breaking Ground Opens 1st Affordable Community

    Designed by COOKFOX Architects, Park House is an $86 million, 248-unit project in the Bronx, built to accommodate low- and very low-income families.

    06 October 2017 15:07