Jon Peterson

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  • Dougherty Closes Cleveland Portfolio Loan

    The Fannie Mae loan will refinance six market-rate properties, totaling 238 units. Dougherty’s Minneapolis office arranged the financing for borrower Central Real Estate Holding.

    04 October 2017 13:32
  • Rent Growth

    Rents were up 2.4% nationwide, a 20-basis-point decline from July. Although overall gains have slowed during the summer months, August kept alive a streak during which rents have increased every month this year.

    30 September 2017 13:55
  • Kushner Cos. Lands 1,032-Unit NJ Community

    A joint venture between Angelo, Gordon & Co. and Candlebrook Properties sold the asset in Plainsboro, N.J. The buyer assumed the in-place debt on the property.

    25 September 2017 08:25
  • 2017 Top Brokerage Firms

    As the economic expansion heads for the 10-year mark, one question is uppermost in the minds of most industry professionals: “How long can the good times keep rolling?”

    13 June 2017 10:56
  • Napali Nabs Atlanta-Area Community

    The deal is in line with the company’s long-term plan to grow its portfolio and strengthen its focus on creating passive income streams for its investors.

    11 July 2017 09:24
  • A Truck-Sharing Service for Residents

    Recently featured on ABC reality show, Truxx is a platform like Uber, but for trucks and vans so users can move large objects. Apartment buildings are now offering the service for new residents moving in.

    28 September 2017 18:01
  • Capital One Secures $551M for Sentio REIT Buyout

    The company provided two loans, a $251 million bridge loan and a $300 million Freddie Mac senior housing revolving credit facility.

    14 September 2017 17:17
  • Manhattan Mixed-Use Snags Pre-Development Financing

    A joint venture obtained $200 million for 520 Fifth Ave., which will include 145 condos, 208 hotel rooms and 33,000 square feet of retail space.

    12 July 2017 08:44
  • Detroit’s Slow Acceleration

    The metro is on the verge of an economic turnaround, largely due to its broad-based employment growth. This restoration is reflected in the local multifamily market’s improving fundamentals, as well.

    27 October 2017 13:46
  • 948 Affordable Units Preserved in the Bronx

    LIHC Investment Group, Belveron Partners and Camber Property Group will rehabilitate Stevenson Commons in the New York City borough. The initiative is moving forward through an agreement with the New York City Housing Development Corp.

    14 August 2017 16:22