Scott Woosley

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  • Economy Watch: Construction Material Prices Still on the Rise

    Demand for construction materials remains high in the U.S., with positive wealth expectations creating confidence in real estate developers, according to a recent Associated Builders and Contractors report.

    14 September 2017 13:06
  • Airbnb, FL Developer Roll Out Home-Sharing Plan

    Newgard Development Group is working with the home-sharing company to form Niido, which will own a 324-unit apartment building in Kissimmee, Fla. Residents can share their units and access various tools, including a new app that supports checking in and assisting guests.

    17 October 2017 15:54
  • SENTRE Bags $13M for San Diego Community

    CVG Properties Inc. acquired Carlton Heights Villas, a 70-unit apartment community in the neighborhood of Santee. The property had an occupancy rate of 98.6 percent as of last month, following a major makeover.

    26 July 2017 14:04
  • A Multifamily Trend to Watch in 2018

    Many owners and managers are finding that outsourcing their accounting can provide multiple benefits—from easing the headache of managing the back office to direct cost savings.

    20 September 2017 19:19
  • Two Roads, GTIS Complete Miami Condos

    The joint venture retired the $120 million construction loan that financed development of the 52-story waterfront tower in Miami.

    22 June 2017 08:25
  • HSL Lands $22M Refi for Phoenix Asset

    Hunt Mortgage Group has arranged a 10-year Fannie Mae loan for the 232-unit Desert Sands Apartments in Casa Grande, Ariz.

    03 April 2017 16:11
  • Dallas Community Lands $14M Refi

    The 12-year term Fannie Mae loan originated by Dougherty Mortgage LLC and Old Capital Lending has a 30-year amortization schedule. The 27-building community features studios, one- and two-bedroom apartments.

    21 June 2017 12:17
  • Castle Lanterra Expands Denver Portfolio

    The 44-year-old Mountain Vista Apartments marks the company's second acquisition in the market. Eighty-five percent of the 257 units have been updated.

    02 October 2017 15:38
  • CIM Expands Chicago Portfolio With 2 Acquisitions

    The buildings at Wicker Park offer 96 residential units, 23,000 square feet of street-level retail space and 17,400 square feet of creative office space.

    18 May 2017 08:01
  • New Supply Tempers Rent Growth in San Antonio

    In recent years, the city has been riding favorable demographic trends, healthy job creation and a high demand for apartments. The metro’s population continues to grow at nearly three times the national rate.

    20 October 2017 15:26