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    Sunshine Management acquired the 260-unit property from Fortress Investment Group. The sale was subject to a $25.4 million Fannie Mae loan.

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  • Westmount Welcomes New Director

    Kevin Michels has 14 years of experience in commercial real estate with a primary focus on asset analysis and evaluation. In his new position, he will provide analysis of Westmount’s multifamily portfolio.

    12 May 2017 06:58
  • Georgia Apartment Community Sells for $28M

    Cushman & Wakefield’s Robert Stickel worked on behalf of the seller, H. Katz Capital Group Inc., in the disposition of the property.

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    18 September 2017 16:24
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    Multifamily assets are often subject to stricter lending standards than they were a few years ago, but the right sponsors and projects can still secure funding. In this Viewpoint piece, a Webster Bank executive weighs in on the changing capital markets landscape.

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  • Summit Equity Investments Nabs First Indianapolis Property

    Tikijian Associates represented Westdale Real Estate Investment & Management in selling 314-unit Island Club Apartments to an affiliate of Summit Equity Investments Inc.

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  • ASC Arranges Financing for Chicago Multifamily Asset

    Winthrop Place, located in Edgewater, will benefit from a $1.5 million refinance loan. The 1968-built property consists of 16 studios and 41 one-bedroom units.

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  • High-End Asset Breaks Ground in LA

    Urban Architecture Lab began work on Variel Apartments, a 277-unit luxury property in Canoga Park’s Warner Center. The project will be completed in the fall of 2019.

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  • Resident Attraction

    Multifamily occupancy stood at 95.5 percent at the end of June, according to Yardi Matrix data, with rents continuing to climb, though at a reduced rate from the headier years of the post-recession recovery.

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