Rafael Cestero

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  • Dougherty Secures $15M HUD Loan for Ohio Community

    Olive Branch Townhomes, a 176-unit affordable housing property in Batavia, Ohio, will benefit from the refinancing. Dominium Development & Acquisition is the sponsor of the project.

    05 May 2017 13:35
  • Economy Watch: Economy Adds 209K Jobs in July

    July was a fairly good month for job growth, with employment increasing in food services and drinking places, professional and business services, and health care, all of which spur commercial space absorption, according to the Bureau of Labor Statistics.

    04 August 2017 13:27
  • Jamestown Nabs $145M for Manhattan Apartments

    Capital One provided the loan for 88 Leonard St., a 21-story, 352-unit luxury building located in Manhattan’s Tribeca neighborhood.

    12 September 2017 16:12
  • Affordable NC Property Lands Fannie Mae Financing

    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
  • Stiles Tapped to Develop Ft. Lauderdale High-Rise

    The 25-story tower will feature 327 units and an array of luxury amenities. This will be the company’s second project with Greystar in the city.

    27 October 2017 12:07
  • How Mission Lenders Fueled Motor City’s Comeback

    After the housing crash, Detroit’s revival was powered by mission lenders. Nearly 42 percent of investment in Detroit real estate was possible with financing from such alternative financing organizations. Urban Institute’s Brett Theodos filled MHN in on mission lending and its opportunities for expansion.

    19 September 2017 20:15
  • Napali Acquires 2nd GA Community

    The company purchased Forest Park Manor, a 100-unit property in Forest Park, and plans to rebrand it as Residences at Stonebrook.

    05 September 2017 16:10
  • 5 Affordable Ways to Celebrate Halloween at Your Apartment Community

    The holiday is a lot of fun, and there are lots of ways to celebrate with your residents that aren't expensive or labor-intensive.

    27 October 2017 16:26
  • Brooklyn Residential Tower Lands $218M Refi

    Located in Brooklyn Cultural District Fort Greene, the Gotham Organization's 586-unit Ashland offers residents a wide range of amenities, including a 17,000-square-foot Gotham Market.

    09 November 2017 15:34
  • LeFrak Completes $70M Reno of Queens Community

    The firm's five-year capital improvement program has come to an end, bringing the 4,600-unit, 20-building LeFrak City community to a new level with a series of infrastructure and amenity upgrades.

    10 October 2017 14:46