Steve Kropf

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  • Dougherty Closes $9M Loan for Tallahassee Sale

    The company closed a 12-year Fannie Mae financing for the acquisition of a 152-unit market-rate property located within 10 minutes of downtown.

    06 September 2017 13:04
  • $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
  • XFD Unveils IL Student Housing Community

    In partnership with Lewis & Clark Real Estate, the company debuted the 428-bed, mixed-use 212 East, located in Champaign, Ill. The community will serve the students of the University of Illinois.

    30 August 2017 16:09
  • HFF Closes Birmingham Senior Housing Sale

    The company arranged the sale of a 232-unit community to a joint venture of LCS and an affiliate of Artemis Real Estate Partners.

    02 May 2017 17:27
  • River Caddis, EdR Launch $52M Student Housing Near Iowa State

    The JV is developing the mixed-use property, which will include 157 apartments and 7,500 square feet of retail space.

    16 March 2017 14:21
  • Economy Watch: Economy Creates 220K Jobs in June

    Job growth in June exceeded the average of 194,000 jobs created over the past three months, according to the Bureau of Labor Statistics latest jobs report. The April and May job numbers were also revised up.

    07 July 2017 14:05
  • Berkadia Completes $61M Sale of Seattle Community

    Carroll’s Creek Landing is in close proximity to various shopping options including Walmart, Best Buy and Target. The 288-unit community serves as military housing.

    21 August 2017 17:19
  • Rent Growth

    Rents were up 2.0% nationwide in April, down 50 basis points from March and well below the 5.5% growth rate of a year ago. The 2.0% year-over-year increase is the lowest it’s been since April 2011, when rents were up only 1.5%.

    22 May 2017 19:19
  • Southwest Houston Apartments Change Hands

    Ilan Investments sold Winding Trails Apartments in Houston to One Real Estate Investment. The 438-unit community was 93 percent occupied at the time of sale.

    01 August 2017 17:03
  • Greystone Expands Denver Team

    The company has added Kelley Klobetanz as a new managing director on its FHA lending team. She brings more than 15 years of experience in various real estate positions.

    02 August 2017 14:17