Reveal on Cumberland

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  • Steadfast Adds 643 Units to Portfolio

    Steadfast Apartment REIT expands in the Midwest; a historic Rhode Island community trades hands for $31.8 million; and Red Mortgage Capital executes HUD refinancing of bridge loan.

    National 07 April 2015 18:40

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    The mortgage banking firm arranged joint-venture equity financing on behalf of John M. Corcoran & Co. for the purchase of Windsor Garden Apartments, a 914-unit community in Norwood, Mass.

    15 May 2017 16:22
  • Tikijian Arranges 450-Unit Community Sale

    An affiliate of Birge & Held Asset Management acquired the asset from Gene B. Glick Co., the Indianapolis-based developer that built the property in two phases between 1980 and 1987.

    31 October 2017 16:37
  • John Hancock Snags Property on Boston Harbor

    The 224-unit high-rise was built in 2007, and is part of the ongoing redevelopment of the Navy Yard, one of the oldest shipbuilding yards in the U.S.

    23 August 2017 09:41
  • ResiModel Becomes redIQ

    When MHN first spoke with Elliot Vermes, founder and CEO of redIQ, back in 2015, the data intelligence start-up had a different name (ResiModel). Two years later, Vermes says his company has taken some valuable lessons from its work with clients—and made a pivot to focus more heavily on data standardization to meet the needs of more users.

    18 July 2017 19:59
  • On the Red Carpet at the 2017 MHN-CPE Awards Event

    Real estate professionals from around the country gathered at the 2017 MHN-CPE Awards event to celebrate the industry's top projects, people and companies. Between the festivities, experts offered an outlook for 2018.

    21 November 2017 20:31
  • Venterra Realty Sheds $36M on NC Community

    The company acquired Chatham Pointe, a 255-unit community built between 2011 and 2015 in Cary, N.C. The asset includes a retail component as well.

    27 July 2017 17:27
  • Sentinel Sells 122-Unit Brooklyn Community

    The property, which traded for $33 million, is located in the northern part of the borough’s Kensington neighborhood and includes studios, as well as one- and two-bedroom apartments.

    05 July 2017 11:12
  • Durham Liberty Warehouse Trades for $69M

    East West Partners sold the asset to a New York-based investment company. The former brick warehouse has been transformed into a 247-unit residential project that also includes 24,000 square feet of retail space.

    30 May 2017 13:46
  • CBRE Lines Up $14M Financing for New Idaho Community

    The company worked on behalf of the borrower, 5th and Idaho Apartments LLC. The five-story building will be located in the historic district of Old Boise, Idaho.

    23 June 2017 16:21
  • George Smith Secures $27M for Hollywood Community

    Massie Capital and Glenn & Shannon Dellimore plan to refinance an older acquisition loan and fund further renovations, as well as the off-market acquisition of an adjacent property.

    28 June 2017 15:22