Sam Zell

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    Woodmont Crossing Apartments marks the nonprofit’s fifth purchase under Washington, D.C.’s Tenant Opportunity to Purchase Act. The new owner plans a $7.4 million upgrade of the 176-unit community.

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  • Dougherty Closes Acquisition Loan in South Dallas

    The company secured a $6.6 million Fannie Mae loan for the acquisition of a 113-unit multifamily asset in DeSoto, Texas. Dougherty’s Minneapolis and Vienna, Va., offices arranged the financing through a partnership with Old Capital Lending.

    17 October 2017 12:00
  • Oversupply Softens Rent Growth in Portland

    A healthy job market and strong population gains continue to sustain multifamily demand across the metro, where more than 5,000 apartments are scheduled for delivery in 2018.

    01 March 2018 14:42
  • $58M Financing Earmarked for Atlanta Portfolio Acquisition

    George Smith Partners secured the financing for the 680-unit workforce housing portfolio. The two buildings will undergo a $5.5 million renovation.

    06 November 2017 15:32
  • Economy Watch: Is January’s Inflation a Hint of Things to Come?

    By D.C. Stribling A single month’s data does not a trend make, but two reports on Wednesday by the Bureau of Labor Statistics evoked the specter of higher inflation, something that hasn’t vexed the U.S. economy much since the early 1980s. Should inflation pick up while wages stay stagnant or worse,

    16 February 2018 21:59