Peter Febo

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  • Pillar Secures Co-Op Loan for DC Community

    The 273-unit mid-century asset received $14 million in refinancing via a fixed-rate Fannie Mae cooperative loan with a 30-year amortization schedule.

    15 June 2017 09:40
  • JVM Brings Improvements to IL Property

    The Aventine at Oakhurst North, a 464-unit community in Aurora, Ill., features an entirely renovated clubhouse. Several other interior and exterior upgrades are underway.

    27 July 2017 06:17
  • Betting on Service

    There are new developments popping up all over the country. The right kind of customer service can make all the difference. Here are some best practices to improve your relationship with residents.

    19 May 2017 18:32
  • Berkadia Closes $35M SoCal Apartment Sale

    A California-based investor purchased the 128-unit community in Fullerton. The multifamily asset last traded in 2012 for a little over $20 million.

    06 April 2017 14:32
  • Terra Closes $23M Preferred Equity for Seattle Property

    Bristol I is situated within the waterfront community of Southport, a new mixed-use village with 188 units and 730,000 square feet of Class A office space.

    11 October 2017 15:16
  • JPI Lands Financing for $104M San Diego Community

    The 172-unit Jefferson Pacific Beach will encompass three acres and include 14,000 square feet of ground-level retail and creative office space.

    01 September 2017 16:08
  • Opus Completes 217-Unit Luxury Community

    Together with AIG Global Real Estate, the company recently completed Citizen Park, a 10-story luxury community situated in the heart of the historic Central West End neighborhood of St. Louis. The firm also landed its first tenant for the retail component.

    30 May 2017 16:44
  • Unveiled: Wilmette’s First New Rental Property in a Decade

    M&R Development and Globe Corp. developed the new Residences of Wilmette, in Wilmette, Ill. The community was built to achieve LEED Silver certification and is located within commuting distance to Chicago.

    09 October 2017 15:20
  • SoCal Delivering for Investors in San Diego

    The city's multifamily market continues to attract robust investor demand, with transaction activity hot off 2016’s cycle high and already at $1 billion year-to-date through July. The market boasts the fourth-highest occupancy rate among major U.S. metros. As a result, rents were up 4 percent year-over-year as of August, well above the national rate.

    19 October 2017 13:59
  • Rosewood Closes $83M Queens Sale

    President Aaron Jungreis represented both the seller and the buyer in the exchange of the 343-unit portfolio. The seven buildings were constructed between 1913 and 1941.

    19 July 2017 15:18