Leonard Silverstein

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  • Berkadia Arranges $22M for SoCal Community

    The company secured a seven-year Freddie Mac acquisition loan for Interstate Equities Corp.'s purchase of the 133-unit Verse La Mesa in La Mesa, Calif.

    16 November 2017 16:29
  • Rent Growth

    U.S. monthly rents were flat in September, remaining at $1,354, yet they continue to decelerate on a year-over-year basis. Rents were up 2.2% nationwide in September, a 10-basis-point decline from August. After a strong first half, in which average rents grew by $33, they experienced a summer slowdown, increasing by only $1 in the third quarter.

    30 October 2017 13:02
  • PAC Invests in 792-Bed Atlanta Asset

    Stadium Village had an average rental rate of $2,776 per unit as of September. Preferred Campus Management will manage the business and operations for the joint venture.

    02 November 2017 10:33
  • Berkeley Point Appoints New Director

    Sharon Karaffa brings more than 13 years of experience as director of priority borrower relationships and head of structured transactions with Fannie Mae Multifamily.

    26 July 2017 13:56
  • CRC Nabs $80M Buckhead Community

    Millworks was completed earlier this year and its location facilitates residents' access to employment opportunities, transit and education. The transaction represents a value-add investment for the company.

    23 November 2017 14:48