Richard Viel

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  • DFW WaterWalk Hybrid Property Breaks Ground

    The hospitality and residential development comprises 153 hotel and rental units and is scheduled to open by late 2018.

    24 November 2017 14:34
  • Dougherty Arranges Loan for 136-Unit Buy

    Dougherty Mortgage closed an $8 million loan for the acquisition of a 136-unit community in Balch Springs, Texas. The national mortgage banking firm represented the borrower.

    10 November 2017 10:12
  • JVM Realty Renovates 4 Suburban Cleveland Communities

    Makeovers are underway at the 366-unit Royal Oaks Apartments in North Royalton, the 300-unit Dover Farms in North Royalton, the 261-unit Butternut Ridge in North Olmsted and the 258-unit Hidden Lake Apartments in Stow.

    08 June 2017 14:37
  • Rent Growth

    Rents were up 1.5% nationwide in May, down 40 basis points from April, 90 basis points from March and well below the 5.3% growth rate of a year ago. Deceleration is more than firmly established, as the year-over-year growth rate has decreased for 13 straight months since reaching 5.4% in April 2016. The last time the year-over-year increase was as low as 1.5% was in April 2011.

    19 June 2017 20:09
  • CIM Group Reaches Construction Milestone in DTLA

    888 S. Hope—a 34-story apartment tower featuring 525 units, 6,000 square feet of ground-floor retail space and a public pocket park—is scheduled for delivery in mid-2018.

    19 September 2017 14:26