Michael Mele

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  • Safety at Student Housing

    Keeping young residents safe is a top priority at student housing communities, and today’s operators have an unprecedented menu to choose from: security guards, lighting, cameras, smartphone-based tools and online message boards, to name a few.

    26 June 2017 08:12
  • Marcus & Millichap Secures Saint Paul Asset

    Located between downtown St. Paul and downtown Minneapolis in the Merriam Park neighborhood, 1880 Marshall Ave. was built in 1964 and renovated in 1978.

    25 September 2017 21:38
  • Investment Sales

    Transaction volume value in the prior 12 months for all the property types was $447.9 billion, with garden apartments commanding the highest value at $97.5 billion. Mid- and high-rise and garden apartments represented 33 percent of the total transaction volume in the past year.

    14 April 2017 16:06
  • Investment

    The industrial sector had the smallest price per square foot, at $81,000, but increased by 4 percent over the first quarter of 2016.

    22 May 2017 17:32
  • The Rewards of Green Financing

    Fannie Mae’s multifamily chief explains how dedicating capital to measures that save energy and water pay off, especially in the affordable sector.

    19 April 2017 16:05
  • Michelle Duncum Climbs the Ladder at FDG

    The 25-year industry veteran was promoted to COO after almost four years at Faulkner Design Group. In her new role, Duncum will be responsible for managing the company’s daily operations.

    26 May 2017 12:15
  • Arbor Funds $15M in Charlotte Fannie Mae Deal

    The company provided financing for the acquisition of Pressley Ridge Apartment Homes, a fully affordable, 504-unit property. Blackfin Real Estate Investors currently owns the asset.

    05 July 2017 21:45
  • Dougherty Secures $7M Acquisition Loan

    On behalf of a private investor, Dougherty arranged the financing for the purchase of a Garland, Texas, market-rate community. The 12-year term, three-year interest-only Fannie Mae loan has a 30-year amortization schedule.

    24 July 2017 13:10
  • Capstone Adds 7 More to Texas Portfolio

    The firm has been awarded management responsibilities for seven communities in the Texas area, rising its portfolio to roughly 38,000 units.

    30 May 2017 13:02
  • Pathfinder Snags $25M Seattle Property

    The Argyle, a 160-unit apartment community in the metropolitan Seattle suburb Federal Way, stands on five acres and features 13 three-story buildings.

    07 June 2017 15:01