Michael Parker

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    Barry Weaver will provide leadership to regions in eastern Pennsylvania and New Jersey. He has more than 25 years of experience in multifamily property management.

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    Magnolia Gardens Assisted Living was subject to a 35-year loan. Laura Saull-Smith arranged the financing for the 79-unit community located in Toms River, N.J.

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  • PPD Holdings Eyes $111M to Build, Refi

    The company received $47 million to refinance a pair of Greater Atlanta communities and awaits final approval of $64 million in construction financing for 464 units in Florida.

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  • Top 5 NYC Multifamily Sales

    PropertyShark compiled the top 5 multifamily sales for April 2017 in New York City.

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  • KeyBank Healthcare Funds Blackstone’s $703M Senior Housing Acquisition

    The portfolio varies among care types, with 5,973 units in 64 communities. Spread across 19 states, they are currently operated by Brookdale Senior Living.

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  • CBRE Arranges Sale of 160-Unit Sacramento Asset

    Integrity Housing sold Alhambra at Mace Ranch in Davis, Calif., for $28.5 million. Jim Flinn, senior vice president of CBRE Affordable Housing’s Debt and Structured Finance team, secured $20.2 million in acquisition financing.

    03 August 2017 15:40
  • Phoenix Community Sells for $30M

    Berkadia represented the seller, a subsidiary of Evergreen Development Co., which sold the 152-unit property to Pure US Apartments REIT.

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  • Blue Roc Lands $14M Refi for Tampa-Area Community

    Hunt Mortgage Group secured a Fannie Mae loan for Park at Verona in Lakeland, Fla. Blue Roc has completed $2.6 million in capital improvements for the community since its acquisition in 2012.

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  • Habitat Assumes Management of Chicago Communities

    The properties include Reserve at Evanston, a four-story building with 193 residences, and 640 North Wells, a new 250-unit rental tower in Chicago’s River North neighborhood.

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  • Marcus & Millichap Arranges $12M Sale of VA Property

    Altay Uzun, a multifamily specialist, and Christian Beck, an office property investment specialist, were part of the company’s Hampton Roads team that brokered the deal. A private investment entity based in New York purchased the 160-unit asset in Virginia Beach.

    20 October 2017 15:02