Mary Sullivan

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  • Houston-Area Communities Land $87M in Financing

    Two Houston-area multifamily assets, totaling 1,553 units, received $87 million in financing. Combining first mortgage and mezzanine loans, both projects obtained floating-rate, interest-only and non-recourse loans.

    16 October 2017 13:35
  • Marcus & Millichap Arranges Luxury Condo Sale in Chicago-Area

    The community comprises six buildings, each of them made up of 12 two-bedroom, two-bathroom units. Firethorne Luxury Apartments changed hands for $8.3 million, in which the buyer and seller were both represented by investment specialists at Marcus & Millichap.

    22 May 2017 20:33
  • Inland Acquires $95M Denver Asset

    Conifer Creek last traded in 2013, when Grand Peaks Properties sold it for $54.4 million. The community was 96.9 percent occupied as of May.

    14 July 2017 11:06
  • TruAmerica JV Acquires $90M San Diego Community

    The 519-unit Eagles Point in Escondido, Calif., comprises studio, one- and two-bedroom floorplans ranging from 440 to 995 square feet. The community will undergo TruAmerica's largest renovation plan in company history.

    08 August 2017 15:22
  • Top 6 Resident Complaints That Will Damage Your Reputation

    Residents are flocking online to voice their disappointments or favorable experiences at their apartment homes. Research proves that these online conversations affect prospect traffic to your doorstep.

    20 November 2017 15:53
  • Pillar Secures Co-Op Loan for DC Community

    The 273-unit mid-century asset received $14 million in refinancing via a fixed-rate Fannie Mae cooperative loan with a 30-year amortization schedule.

    15 June 2017 09:40
  • U.S. Equity REITs

    The Multifamily REIT sector placed in the lower half of the chart as it traded at a median discount of 6.4 percent as of September 29.

    30 October 2017 13:00
  • NJ Community Changes Hands in $73M Deal

    The Addison at Princeton Meadows was built in 1981 and offers studios and one- and two-bedroom units. It was purchased free and clear of existing debt.

    18 July 2017 11:51
  • Lena New Boston Breaks Ground on 41 Mixed-Income Units

    The $200 million redevelopment of the former Boston State Hospital site entered a new phase, which will include 22 affordable units. The project is part of Olmsted Green, a 42-acre development in the heart of the city.

    17 August 2017 21:17
  • Kansas City’s New Look

    Kansas City is in the midst of a transformation, growing as a financial and research center, with increased investment in infrastructure, all of which support multifamily fundamentals.

    19 May 2017 13:19