Nick Peterson

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  • Berkadia Secures $23M Loan for NC Multifamily Development

    Senior Managing Director James Tanner and Managing Director Henry Tanner arranged the financing through a HUD program. The loan will be used for Preserve at Carteret Place, a community in Morehead City, N.C.

    21 July 2017 14:58
  • Honolulu Condos Land LEED Certification

    Developed by OliverMcMillan, the Symphony Honolulu includes 388 residential units in the city's Kaka’ako district. The community incorporates water-efficient fixtures and systems reducing potable water use by 35 percent.

    05 September 2017 19:22
  • Sagora Senior Living Breaks Ground on First CA Community

    The 14-acre campus will feature independent living, assisted living and memory care apartments. The Rocklin, Calif., asset will be the company’s 29th retirement community.

    18 September 2017 14:47
  • Job Growth Firm, Rent Growth Totters in Portland

    The metro’s strong employment growth is pushing up multifamily demand, especially for market-rate apartments. Nearly 8,400 units were underway as of August, of which some 3,200 units are slated to come online by December.

    23 October 2017 08:13
  • Hunt Mortgage Procures $44M for Seattle Community

    Soma Towers consists of two buildings offering 276 units, of which 20 units are affordable. Soma Towers Phase II was developed by Soma Towers DE LLC, in 2016.

    01 August 2017 17:34
  • NAI Brokers $9M SF Community Sale

    The seller of the 28-unit property located in the Mission District executed a 1031 exchange. The asset has been family-owned for more than 30 years.

    08 May 2017 13:54
  • NEI Completes Phase II of Boston Redevelopment

    The company developed a 39-unit affordable community in the property, part of an initiative to transform as many as 11 acres of vacant lots in Boston into a mixed-use, transit-oriented development.

    25 May 2017 15:46
  • Economy Watch Weekly: Middling Month for Job Creation

    The number of jobs created in August was below this year's average monthly gain, the Bureau of Labor Statistics reported. The month's report did not include Hurricane Harvey's impact on employment. Economy Editor Dees Stribling discusses the full report, for the week ending Sept 1., 2017.

    05 September 2017 14:13
  • Pathfinder Acquires 195-Unit Sacramento Property

    Savannah Court, a 31-year-old, 24-building community, will receive interior and exterior renovations. It is the company's second acquisition in the metropolitan area.

    01 September 2017 13:47
  • Covenant Sells 272-Unit Atlanta Asset for $32M

    The deal continues the Atlanta market momentum for Covenant Capital Group, following the company’s sale of the 500-unit Viera Briarcliff in June for $76 million. Mike Kemether and Travis Presnell of Cushman & Wakefield worked on behalf of StoneBridge Investments, the seller, while Elliott Throne, Gregg Shapiro and Ware Shipman of HFF secured acquisition financing.

    03 August 2017 18:22