Patrick O’Keefe

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  • Hines to Develop 1st San Antonio Community

    Designed by Meeks + Partners, the 396-unit community will be built within The RIM, a 1.8 million-square-foot mixed-use development. Construction is set to begin in the first quarter of 2018 with occupancy in spring of 2019.

    31 October 2017 15:20
  • Steele Acquires AL Affordable Apartments for $23M

    The company plans to renovate the 200-unit Summit Ridge Apartments in Birmingham, giving the community new roofs, exterior doors, siding repairs and attic insulation for increased energy efficiency.

    05 July 2017 15:36
  • Related Lands $52M for FL Community

    JP Morgan arranged the construction loan for Town Southern, located in Royal Palm Beach. The 392-unit community is scheduled for completion in 2018.

    29 August 2017 15:23
  • Economy Watch: Fitch Report Optimistic About CRE

    In its first annual U.S. Equity REITs Handbook, Fitch expects continued positive property-level fundamentals across most asset classes in 2017. Multifamily should again lead the REIT sector, although same-store net operating income growth will be less than 2016 levels, according to the report.

    06 June 2017 13:39
  • Affordability, Inequality Major Issues for Housing Sector

    Several panels at the 2017 ULI Fall Meeting offered their insights and strategies for improving affordable housing availability in the U.S. Meeting the challenge starts with addressing issues of inequality and lack of economic mobility in many cities.

    26 October 2017 01:27
  • Economy Watch: US Lost 33K Jobs Due to Harvey, Irma

    The number of jobs lost in September compares to the average gain of 172,000 jobs per month over the last year, according to the Bureau of Labor Statistics.

    06 October 2017 14:05
  • Taurus Snags $34M Raleigh Community

    Acquired from Chaucer Creek Capital, the 23-year-old property in the city's Northwest submarket is slated for a major makeover.

    15 August 2017 18:29
  • Far South Houston Community Changes Hands

    Highland Capital Management sold Regatta Bay Apartments, a 240-unit community in Seabrook, Texas, to Lloyd Jones Capital. This is the eleventh Texas property operated by the new owner.

    19 July 2017 17:34
  • Will San Jose’s New Rules Hobble Its Market?

    Former Mayor Chuck Reed contends that the city’s restrictive new eviction regulations are discouraging development of badly needed new multifamily inventory.

    12 May 2017 13:35
  • CBRE Arranges Refi for SC Community

    Monica Newman of CBRE’s Denver team originated the $9.7 million loan through the company’s FHA lending platform on behalf of the borrower, Greenville Park West LP. Stonemark Management currently manages The Summits Apartments in Graniteville.

    02 November 2017 20:30