Michael Anderson

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  • Despite Irma’s Wrath, $67M FL Apartment Deal Closes

    Amberton Properties has sold Amberton Luxury Townhomes in Naples. One of the largest multifamily deals in Southwest Florida in the past year, the 28.7-acre property includes a 306-unit community.

    28 September 2017 18:34
  • MCA Arranges $6M Loan for Denver Community

    The project is an integral part of Belle Creek community, which consists of single family housing, apartments, townhomes and a community center. MCA worked on behalf of an entity sponsored by Chartered Development Corp.

    07 June 2017 14:36
  • Construction Industry Backlog Up

    The amount of construction work under contract but not yet completed rose to nine months, according to the Associated Builders and Contractors latest Construction Backlog Indicator, implying expanding demand for construction services, or a shortage of construction labor in a few markets.

    27 June 2017 13:12
  • 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
  • Dallas Community Lands $14M Refi

    The 12-year term Fannie Mae loan originated by Dougherty Mortgage LLC and Old Capital Lending has a 30-year amortization schedule. The 27-building community features studios, one- and two-bedroom apartments.

    21 June 2017 12:17