Steve Schwat

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  • Berkadia Secures $23M Loan for Chicago-Area Assets

    Ridge Garden Apartments and Indian Trails Apartments, two affordable multifamily properties in the greater Chicago area, will undergo capital improvements.

    23 June 2017 16:41
  • BRG Acquires $36M Alabama Community

    Bluerock Residential Growth REIT Inc. bought a studio, one-, two- and three-bedroom apartment unit. Springs at Greystone is situated in the top-tier suburban district in Birmingham, Ala. The firm plans to renovate the 300-unit building.

    07 November 2017 12:41
  • Carroll Organization Closes Sale of 180-Unit FL Asset

    The 180-unit ARIUM San Remo features two- and three-bedroom townhomes ranging from 1,141 to 1,517 square feet. The company acquired the property in April 2014 as part of its Carroll Multifamily Real Estate Fund III LP.

    14 November 2017 15:56
  • SL Development to Build $54M Luxury Condos in Brooklyn

    When finished, the new property will consist of 69 luxury condominiums as well as 18 parking spaces and 20,000 square feet of retail space at grade.

    18 May 2017 14:47
  • Economy Watch Weekly: Middling Month for Job Creation

    The number of jobs created in August was below this year's average monthly gain, the Bureau of Labor Statistics reported. The month's report did not include Hurricane Harvey's impact on employment. Economy Editor Dees Stribling discusses the full report, for the week ending Sept 1., 2017.

    05 September 2017 14:13
  • Hunt Mortgage Adds New SVP

    Suzanne Cope, who previously worked at the company when it was called Centerline Capital Group, will be responsible for originating and closing affordable and FHA multifamily loans nationwide.

    11 October 2017 09:46
  • Chicago’s Aurélien Ready for Residents

    Ryan Cos. completed the 31-story, 368-unit luxury tower some two years after it broke ground on the high-rise project. The cost of the development reached $100 million.

    02 August 2017 15:05
  • Abbey Residential Snags Houston-Area Community

    Berkadia arranged the sale on behalf of the seller, Mill Creek Residential. The 396-unit Modera Spring Town Center comprises 21 two- and three-story buildings.

    05 July 2017 15:49
  • Griffin-American Healthcare REIT Nabs Senior Housing Portfolio

    American Healthcare Investors and Griffin Capital Co. LLC's REIT acquired a five-building portfolio of independent and assisted living properties. The portfolio is 100 percent leased.

    31 May 2017 14:57
  • IPA Intermediates Sale of Austin-Area Community

    Vantage at Georgetown is a 288-unit community strategically located north of Austin in Georgetown, Texas. The property was acquired by Pensam Residential.

    01 September 2017 14:56