Rick Fochtman

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  • NYC Condo Project Wins First-Ever WELL Certification

    21W20, designed by Beyer Blinder Belle, is the world's first residential project to earn the certification, which focuses on enhancing occupants' health and well-being through the built environment.

    11 April 2017 08:14
  • Economy Watch Weekly: Middling Month for Job Creation

    The number of jobs created in August was below this year's average monthly gain, the Bureau of Labor Statistics reported. The month's report did not include Hurricane Harvey's impact on employment. Economy Editor Dees Stribling discusses the full report, for the week ending Sept 1., 2017.

    05 September 2017 14:13
  • Toro Real Estate Acquires Assets in AL, TN

    The firm purchased an apartment community in Mobile, Ala., and a student housing property in Clarksville, Tenn.

    07 August 2017 08:54
  • Richmond Assets Trade for $6M

    Marcus & Millichap brokered the sale of The Park at Forest Hill and Chateau de Ville, two properties totaling 119 units. The communities are located within a three-minute drive of each other.

    29 May 2017 13:30
  • MHN’s Top 5 April 2017 Articles

    Miss out on any MHN stories in April? Here are five of our most popular articles for the month, including the top 10 apartment owners in Los Angeles and the status of Chicago development.

    02 May 2017 15:39
  • Dallas Apartments Receive $11M Fannie Mae Financing

    Located in Waco, Texas, the 256-unit residential community received a 10-year Fannie Mae loan with a 30-year amortization schedule. Doughtery Mortgage, a conventional and affordable debt provider headquartered in Minneapolis, secured the financing on behalf of Upper Level Acquisitions II LLC, a Texas-based entity.

    10 April 2017 19:18
  • Cybersecurity 411: Tech Myths

    A firewall is absolutely necessary for network protection, but it often provides little more than a false sense of security. In this third part of his cybersecurity series, Jeremy Rasmussen advises on additional precautions you should take.

    22 May 2017 16:12
  • LA Senior Communities Receive $19M Mortgage Financing

    The funding, obtained through the company's bond purchase program, will be used for the acquisition, rehabilitation and permanent financing of three affordable developments.

    17 August 2017 16:24
  • Orange County Community Trades for $17M

    California Landmark Group bought the 86-unit property built in 1973 from a private investor. This is the company's first Orange County acquisition.

    03 May 2017 09:16
  • Campus Advantage Sells University of South Florida Asset

    The company acquired On50 in 2014 and executed a value-add investment strategy. It addressed the property's deferred maintenance issues, and partnered in an integrated marketing approach delivered by industry specialist Catalyst.

    12 April 2017 16:54