Mike Peter

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  • Multifamily Rents Stagnant in September

    The $1 drop marks the first time rents have not increased since January. Despite this, prices increased 3.1 percent year-to-date, according to a Yardi Matrix survey of 127 markets.

    11 October 2018 19:39
  • SoCal Affordable Community Changes Hands

    The 60-unit fully affordable property fetched a price tag of $3 million, with the buyer landing $2.7 million in acquisition financing.

    24 October 2018 14:03
  • CBRE GIP, Madison International Purchase Spanish Portfolio

    Valued at about $1 billion, the 6,458 rental units are located in Madrid and other major cities. Azora, the seller, will continue to manage the communities.

    12 September 2018 14:48
  • WNC & Associates Hires New SVP

    Ann Caruana will be in charge of the company’s preservation equity funds product line, while also finding, underwriting, negotiating, financing and closing deals.

    14 August 2018 11:50
  • Peak Capital Acquires NM Asset

    KeyBank provided the buyer of the 120-unit, Class B multifamily property with more than $11 million in Fannie Mae financing.

    28 November 2018 18:02