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  • Berkadia Secures $99M for FL Acquisitions

    Advenir has secured two communities: the 360-unit Crown Pointe in Broward County and the 358-unit Gateway Lakes in Sarasota.

    11 October 2017 19:49
  • Economy Watch: Large Banks Grow CRE Lending Faster Than Smaller Ones

    In the second quarter, large banks increased their CRE loan portfolios by 2.56 percent, while medium-sized and community banks had more modest increases, according to a recent Trepp report.

    05 September 2017 14:00
  • Economy Watch: Construction Spending Flat in May

    Residential construction was up 0.5 percent and non-residential construction was down 0.3 percent, leading total construction to remain flat for the month, according to the U.S. Census Bureau. Compared to May 2016, however, all major nonresidential construction categories enjoyed increased spending.

    05 July 2017 13:35
  • 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
  • JV Receives $61M Loan for MD Development

    Walker & Dunlop provided a 40-year, fixed-rate HUD loan for the development of Monarch at Waugh Chapel. The apartment community will be situated midway between Washington, D.C., and Baltimore, along U.S. Route 3.

    07 November 2017 14:58