Michael Wale

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  • Inland Lands Properties in AL, TN

    The communities include The Verandas at Taylor Oaks in Montgomery, Ala., and The Haven at Commons Park in Chattanooga, Tenn. As of July 25, the properties were 95 and 90 percent occupied, respectively.

    11 August 2017 15:38
  • Radnor Starts Work on Philadelphia Apartments

    The Hamilton, located on the Community College of Philadelphia's campus, includes two buildings and 500 apartments. The building follows the recent housing trend for students, which features smaller units and maximized amenity spaces.

    15 September 2017 14:35
  • Inspirit Nabs 2 PA Senior Living Facilities

    The Palmerton and The Willow are the latest additions to an extensive new regional network planned by the company. Additionally, Inspirit intends to renovate both assets.

    19 June 2017 15:56
  • 4 Developments Coming to Suburban NY

    The developers announcing the Mount Vernon, N.Y., projects include The Alexander Group/Bluestone, Direct Investment Development, Enclave Equities and Simone Development Cos. The initiative aligns with the state's new $2.5 billion housing package aimed at attracting investment in market-rate housing statewide.

    14 June 2017 09:01
  • TD Bank Invests in Affordable Philly Community

    The bank provided a $9.1 million construction loan and purchased $12.0 million in federal tax credits. The money will be used to redevelop a nursing home into a 60-unit affordable housing project for seniors.

    18 October 2017 20:34
  • MRES Launches Student Housing Division

    The company has received its first student housing management assignment: The Vault at Statesboro, a 132-unit community in Statesboro, Ga.

    17 October 2017 11:04
  • 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.

    10 October 2017 15:04
  • PAC Snags Tampa-Area Luxury Property

    The purchase of the newly built 280-unit community was financed through a first mortgage loan from Fannie Mae, originated by Berkadia Commercial Mortgage LLC.

    31 July 2017 07:35
  • Economy Watch: China Named Top Buyer, Seller of US CRE

    One-fifth of realtors that participated in the National Association of Realtors latest survey on foreign investment in U.S. commercial real estate said they had closed a sale with an international client in 2016. They also expect increased sales and leasing activity involving foreign investors this year.

    21 June 2017 13:25
  • Economy Watch: Investment in Non-Residential Structures Gains in Q2

    By D.C. Stribling, Contributing Editor Investment in non-residential U.S. structures increased at a 5.2 percent annualized pace during the second quarter of 2017, the Bureau of Economic Analysis reported on Monday. That’s a marked change from early last year, when the pace of non-residential investment was dragged down due to a

    08 August 2017 13:19