Peter Jakel

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    Working on behalf of IPI Properties 11, a partnership between Berkeley Point Capital and Dougherty arranged a $1.2 million acquisition loan for Barden Ridge Apartments, a 48-unit community in Roxboro.

    01 November 2017 15:10
  • Stepp Facilitates Record-Breaking LA Sale

    The sale of Atwater Avenue Apartments achieved the highest price per unit and price per square foot ever paid for comparable properties in LA submarket Atwater Village.

    18 September 2017 14:26
  • Employment Picture

    For unemployment, the most significant decrease was in the Farming, Fishing and Forestry occupations with 28.3 percent. The overall unemployment rate dropped 8.9 percent year-over-year.

    19 June 2017 19:07
  • Top 10 Markets for Occupancy Growth

    Despite unfavorable conditions, certain areas are deviating from the national trend and have seen an increase. Here is a list of the 10 markets with the greatest year-over-year growth in occupancy as of April 2017.

    12 June 2017 15:33
  • TD Bank Invests in Affordable Philly Community

    The bank provided a $9.1 million construction loan and purchased $12.0 million in federal tax credits. The money will be used to redevelop a nursing home into a 60-unit affordable housing project for seniors.

    18 October 2017 20:34
  • $54M Hollywood Development Breaks Ground

    Essex Property Trust, together with McCormick Construction, broke ground on the Sunset Boulevard mixed-use development. The project includes 200 residential units and 4,678 square feet of retail space.

    30 October 2017 14:33
  • Inland Lands Properties in AL, TN

    The communities include The Verandas at Taylor Oaks in Montgomery, Ala., and The Haven at Commons Park in Chattanooga, Tenn. As of July 25, the properties were 95 and 90 percent occupied, respectively.

    11 August 2017 15:38
  • Houston Community Lands $11M Refi

    The sponsor obtained a Fannie Mae mortgage to refinance this 300-unit community which sustained no damage in the wake of Hurricane Harvey.

    22 November 2017 13:46
  • RADCO Acquires 336-Unit Orlando Community

    The company bought Radius Winter Park for $36 million and plans to spend up to $5 million on capital improvements to modernize the community.

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  • Yesler Terrace—Soon to Be Seattle’s Densest Neighborhood

    Yesler Terrace is a 30-acre development that Seattle Housing Authority (SHA) built in the 1940s as the city's inaugural subsidized housing community. Stephanie Van Dyke, director of development at SHA, spoke with MHN about the site's future as a mixed-use global neighborhood.

    16 October 2017 15:47