Robert Russell

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    The $20.3 million development will feature 94 units. UnitedHealthcare is the largest private investor, providing $5.4 million in equity funding.

    08 November 2017 16:51
  • Hurricane Harvey: Impact on Houston Multifamily

    An initial analysis by Yardi Matrix found that between 45,000 and 72,000 units—or 7 to 11 percent of the multifamily universe—were rendered uninhabitable.

    12 September 2017 14:39
  • $43M DC Affordable Community to Open Next Spring

    Portner Flats will bring 96 affordable units to the popular U Street Corridor in Northwest, D.C. The project is a public-private partnership between the District, Somerset Development, Jonathan Rose Cos., New Community Partners and other entities.

    03 July 2017 13:57
  • KTGY, Trammell Crow Break Ground on $135M CA Mixed-Use Project

    Dubbed the Alexan Webster, the 1.42-acre destination will include 234 luxury apartments with 15 percent of its units designated as affordable. Completion is scheduled for summer 2019.

    18 July 2017 15:58
  • Building Barometer: Are Developers Ready for a Slowdown?

    Although the multifamily pipeline remains robust for now, developers and lenders are becoming more selective as the cycle matures.

    11 August 2017 08:06
  • Above Ambiance: Aromatherapy in Senior Housing

    The award-winning Essence program has proven to alleviate stress, anxiety and depression, while supporting healthy digestion and positive emotional responses, for residents of The Sheridan at Lakewood Ranch, a senior living community in Bradenton, Fla.

    30 August 2017 19:55
  • Meridian Sells Brooklyn Community for $18M

    The firm sold the 60-unit, post-war building to S. Antonio Realty. The average unit size is 1,050 square feet.

    08 November 2017 15:49
  • Honolulu Community Snares $105M in Refinancing

    HFF secured the loan on behalf of developer Avalon Group for 7000 Hawaii Kai Drive, a 270-unit community that includes two 10-story buildings and 216 market-rate and 54 affordable units.

    25 September 2017 18:38
  • Raiders of the Lost Rate Hike

    While Fed Chair Janet Yellen has suggested the potential for multiple rate hikes through 2018, several factors should influence her plan to be implemented with caution, argues Stepp Commercial Vice President Mark Ventre.

    03 August 2017 17:54
  • Senior Living Security

    In Yardi’s latest whitepaper, Senior Living Data Security, senior living providers will get the latest information on the most common vulnerabilities in senior living and discover how to protect their organization’s sensitive data with the industry’s most trusted cloud provider.

    05 July 2017 19:04