Scott Mager

  • PBM Adds Two Executives to its Senior Management Team

    Perfect Building Maintenance (PBM), a building maintenance companies, announced the addition of two executives to its senior management team. Ronald Fay has been appointed general manager, a position created specifically for him. Patricia O’Brien joins as senior account executive.

    Northeast 22 September 2014 18:11

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    U.S. monthly rents were flat in September, remaining at $1,354, yet they continue to decelerate on a year-over-year basis. Rents were up 2.2% nationwide in September, a 10-basis-point decline from August. After a strong first half, in which average rents grew by $33, they experienced a summer slowdown, increasing by only $1 in the third quarter.

    30 October 2017 13:02
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    Davis Development sold Venue Craig Ranch, a 277-unit, garden-style multifamily property in McKinney, Texas. The buyer is an affiliate of GFI Capital Resources.

    23 November 2017 09:06
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    Although the immediate state of the economy is healthy, experts discussed tax reform's potentially negative impact on housing and the U.S.'s overall fiscal future at the National Association of Business Economists (NABE) annual policy conference in Washington, D.C., last week.

    07 March 2018 16:06
  • NY Nursing Facility Lands $25M Refi

    Greystone provided the HUD-insured loan for Adira at Riverside Rehabilitation & Nursing in Yonkers, N.Y. The financing carries a 30-year term at a low, fixed rate.

    06 November 2017 15:09
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    The seven-year, fixed-rate Fannie Mae loan for the 386-unit Rock Spring has three years of interest-only payments and five years of yield maintenance with a 1 percent prepayment penalty afterward.

    16 October 2017 13:52