Lenny Sporn

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  • HFF Closes Recap of NC Community, Arranges New JV Equity

    The Dickson family will co-own Solis Ninth Street with Blue Heron Asset Management LLC. Terwilliger Pappas Multifamily Partners sold its stake in the 229-unit property.

    25 May 2017 08:57
  • Historic Lafayette Park’s First Luxury Community in 40 Years

    DuCharme Place is a $45 million multifamily project inspired by architect Mies' design of Lafayette Park, the historic district near which the community is situated. The 185-unit development was financed through a HUD loan, one of the only sources of financing for the few ground-up housing projects planned in Detroit in the early 2000s.

    04 October 2017 15:21
  • CIM Expands Chicago Portfolio With 2 Acquisitions

    The buildings at Wicker Park offer 96 residential units, 23,000 square feet of street-level retail space and 17,400 square feet of creative office space.

    18 May 2017 08:01
  • 5 Things Your Lender Wants to See in Your Multifamily Deal

    By Evan Tarver Putting together a multifamily deal can be extensive, and if the deal is being financed, lenders will typically want to see detailed information on the borrower as well as the property. If you’re financing a property as part of your deal, you’ll want to make sure you have

    27 September 2017 19:50
  • Atlas, OpenPath JV Sells UT Apartments

    The joint venture acquired the 144-unit community in Layton, Utah, in June 2013 and completed a value-add program. The asset was 99 percent occupied at the time of the sale.

    14 June 2017 14:33
  • 4 Reputation Management Lessons from United Airlines’ Latest PR Disaster

    There is a right way, and a wrong way, to deal with pr crises at a community. Don't do what United Airlines did.

    11 April 2017 18:27
  • NKF Snags Senior Housing Experts

    Rob Black and Sean McNee have joined as senior managing directors in the firm’s San Diego office. The two veterans come from Cushman & Wakefield, bringing 21 years and 17 years, respectively, of industry experience.

    06 July 2017 14:26
  • HFF Arranges Financing for Denver Property

    Located in Colorado Springs, Peak 4420 received a 10-year, fixed-rate loan. The 209-unit community had an occupancy rate of 99.5 percent as of August.

    26 September 2017 14:29
  • Continental Realty Acquires $47M TN Community

    The purchase was made on behalf of Continental Realty Fund IV LP. This represents the fifth residential community and ninth asset purchased by the fund, as well as the first in Tennessee.

    01 June 2017 15:37
  • BRT Nabs 3 St. Louis Luxury Communities

    Through joint venture partnerships, the REIT purchased Vanguard Heights, The Tower at OPOP and The Lofts at OPOP for some $75 million. Meridian Capital Group arranged financing for all three acquisitions.

    17 April 2017 09:19