Matthew Pestronk

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  • Bell Partners Nabs 306-Unit Denver-Area Community

    Alta Cherry Hills marks the company's second 2017 acquisition. The property is located near two of the metro's largest employment areas.

    02 May 2017 09:24
  • Berkadia Closes $12M Hollywood Community Sale

    This is the first time the 72-unit property has traded in more than 40 years. Since most units lacked kitchens, the property was challenging to finance by conventional lenders.

    07 June 2017 11:50
  • Hollywood Apartment Community Trades for $11M

    NNC Apartment Ventures expanded its California portfolio with value-add 42-unit residential property. The asset is located near popular destinations.

    14 September 2017 16:15
  • Leasing Starts at Murray Hill Marquis Luxury Apartments

    The former boutique hotel is being converted into 260 modern no-fee studio and one-bedroom apartments, with rents ranging from $2,575 to $3,450 per month.

    17 August 2017 15:27
  • KTGY-Designed Fremont Senior Community Breaks Ground

    A partnership between Eden Housing and the City of Fremont is developing the property on the corner of Warren Avenue and Mission Falls Court. The community will feature 90 one- and two-bedroom units.

    16 October 2017 13:28
  • NMHC, NAA: US Needs 5M New Apartments by 2030

    According to a new joint study, apartment supply is not keeping up with demand caused by delayed marriages, an aging population and international immigration.

    13 June 2017 16:19
  • Honing in on NJ

    Looking for the next emerging neighborhoods, Hornrock Properties builds Class A communities in Harrison and Hackensack, N.J. Maurice Hornblass, principal of Hornrock Properties gives insight into his company’s approach to multifamily amenities.

    30 August 2017 20:13
  • Construction Underway on San Antonio Apartments

    SC Bodner’s project will transform an obsolete site along San Antonio’s popular Riverwalk into an upscale rental property complete with 220 luxury apartments.

    18 April 2017 14:51
  • Berkeley Point Provides $2.2B in Financing for Starwood-Milestone Deal

    The public-to-private transaction includes a portfolio of 74 assets, built between 1974 and 2016 and containing nearly 23,000 units.

    08 May 2017 08:09
  • REIT Values

    As of Sept. 1, 2017, the manufactured homes sector led all publicly traded U.S. Equity REIT sectors in terms of the last twelve months funds from operations (LTM FFO) multiple.

    30 September 2017 17:50