Joseph Berkson

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  • Boston’s Power

    Investor and resident demand remain healthy in Boston’s multifamily market, even as rent growth decelerates after peaking in mid-2016.

    25 April 2017 08:44
  • May Employment Solid but Concerns Remain

    The United States economy added 138,000 jobs in May, according to the Bureau of Labor Statistics. The unemployment rate has now remained at less than 5 percent for a year, but the picture is not entirely rosy.

    20 June 2017 18:39
  • South Phoenix Community Changes Hands for $12M

    Cushman and Wakefield brokered the sale of La Reserve on 45th, a 301-unit property in the Maryvale neighborhood. A joint-venture purchased the asset from CEG Operating Partners.

    23 June 2017 13:49
  • LMC Opens Mixed-Use Community in AZ

    Nexa, located in North Tempe, Ariz., consists of 399 units and 4,300 square feet of ground-floor retail. The community is part of a larger redevelopment plan for the Apache Corridor.

    13 July 2017 17:17
  • 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
  • Wasatch Group Lands $47M Refi Loan

    The company used the loan to pay off a Fannie Mae regulatory bond on Chesapeake Commons, a 600-unit community in Rancho Cordova, Calif.

    02 August 2017 19:16
  • L.A. Portfolio Refinanced for $550M

    In the largest deal to date for Fannie Mae's Green Rewards program, Walker & Dunlop structured loans for four Los Angeles-area communities owned by Douglas Emmett Inc.

    14 August 2017 19:55
  • HFO Sets Record With OR Sale

    The $40.5 million sale establishes a new record as the largest dollar figure in history for a Springfield multifamily property transaction.

    26 June 2017 15:19
  • 1st High-Rise Debuts in DTLA $1B Project

    Greenland USA opened the first luxury residential building, part of its Metropolis mixed-development, which towers 38 floors above the city. Two other towers are under construction.

    19 July 2017 17:21
  • Walker & Dunlop Secures Financing for Texas Community

    The Flats at Frankford Station is a Class A 185-unit residential asset, which was completed in 2016. The property qualified for a Green Building Certification.

    14 August 2017 13:26