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  • Las Vegas Asset Changes Hands

    Berkadia arranged the sale of Emerald Park Apartment Homes, a 300-unit community. The buyer paid $95 per square foot, equating to a 5.5 percent cap rate.

    19 October 2017 13:30
  • Beacon Communities Buys NDC, $250M Portfolio

    The residential development company now owns National Development Corp. and its 59 properties, most of which are affordable communities. The portfolio is valued at more than $250 million and expands Beacon’s portfolio to 14 states.

    02 October 2017 21:01
  • Berkadia Secures $25M Loan for TX Community

    Berkadia arranged the acquisition loan on behalf of Faudree Ranch Apartments LLC. The 300-unit community in Odessa, Texas, was 90 percent occupied at the time of the transaction.

    31 May 2017 14:30
  • Medistar Brings Transitional Care Facility to North Houston

    Pi Architects are currently designing the 104-bed asset, which will provide various services, including skilled nursing focused on short-term rehabilitation care, assisted living and memory care.

    27 July 2017 17:36
  • Audubon Communities Welcomes New VP of Construction

    Josh Boling will oversee all pre-and post-acquisition construction planning and management for the firm. Prior to joining the company, he served at Fairway Construction and Cortland Partners.

    02 October 2017 23:37
  • NY Launches $20B Affordable Housing Initiative

    The five-year plan was created to combat homelessness and proposes $10 billion to create and preserve more than 110,000 units across the state, including 12,000 units is designed through the newly enacted "Affordable New York" program.

    25 May 2017 16:55
  • Why Flexible Firms May Finish First in 2017

    A look at how a handful of Chicago firms are reevaluating their strategies to successfully diversify their business and continue their dramatic growth.

    20 April 2017 15:21
  • Rescore Snags $100M for Hollywood Apartments

    The community is a 368-unit, seven-story project located in the Hollywood Entertainment District, a Business Improvement District.

    19 May 2017 08:26
  • Greysteel to Market 2 Dallas Properties

    The Bailiwick and Tree Top include a total of 100 units and are roughly 50 years old.

    26 September 2017 15:06
  • Construction Begins on Cleveland Affordable Housing

    Detroit Shoreway Community Development Organization is starting work on Aspen Place, a development in the Cleveland EcoVillage. The company plans to achieve a near-50 percent reduction in energy demand compared to minimum requirements.

    30 August 2017 08:26