Max Weselcouch

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    SALT, Tempe’s first luxury residential community opened in February 2017. The class A apartment building was developed by OlliverMcMillan in partnership with Ascentris.

    07 April 2017 14:24
  • Strategic Capital Backs NYC Hudson Square Development

    The affiliate of a giant Chinese firm is taking a $140 million equity stake in the project, which will be co-developed by Cape Advisors. Located in Manhattan’s West SoHo enclave, the 280,000-square-foot tower will feature 170 condominium units, ground-floor retail and parking.

    17 May 2017 14:51
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    Located at the upcoming Baker Block apartment community, the mural, by artist and OBEY Clothing Founder Shepard Fairey, covers 8,000 square feet and is the largest of its kind in Orange County. The 240-unit community is scheduled for completion in November.

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  • Castle Lanterra Taps New COO

    Edmund Hannon brings more than 30 years of experience to his position, having previously served in various executive roles at Quest Global Advisors and Stamos Capital Partners.

    03 October 2017 20:13
  • Sienna Lines Up Ontario Retirement Portfolio Deal

    The company purchased two luxury retirement properties comprising comprising 380-plus units and more than 380,000 square feet for $160 million.

    20 October 2017 11:44
  • CMBS Delinquencies

    Delinquencies continue to drop year-over-year from March 2016 to March 2017. Multifamily delinquencies had the largest decline of 46.1 percent or $392 million.

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  • IPA Intermediates Sale of Austin-Area Community

    Vantage at Georgetown is a 288-unit community strategically located north of Austin in Georgetown, Texas. The property was acquired by Pensam Residential.

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  • Queens Nursing Facilities Land $54M Refi

    With a total of 576 units, both properties are part of the SentosaCare network. Greystone provided the HUD-insured mortgage loans for the two highly specialized assets.

    19 October 2017 15:40
  • Suburban Philly Property Trades for $34M

    The apartment community was part of the Rental Assistance Demonstration program and received a 20-year subsidy contract. The previous owner improved multiple aspects of the 1950 buildings.

    20 October 2017 14:03
  • Berkadia Facilitates $15M Vegas Sale

    Desert Palms North Apartments was built in 1992 and features mixed unit types, ranging in size from 520 to 975 square feet. According to Yardi Matrix data, monthly rent averages at $648.

    19 October 2017 15:47