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  • Berkadia Secures $23M Loan for NC Multifamily Development

    Senior Managing Director James Tanner and Managing Director Henry Tanner arranged the financing through a HUD program. The loan will be used for Preserve at Carteret Place, a community in Morehead City, N.C.

    21 July 2017 14:58
  • Dallas Apartments Receive $11M Fannie Mae Financing

    Located in Waco, Texas, the 256-unit residential community received a 10-year Fannie Mae loan with a 30-year amortization schedule. Doughtery Mortgage, a conventional and affordable debt provider headquartered in Minneapolis, secured the financing on behalf of Upper Level Acquisitions II LLC, a Texas-based entity.

    10 April 2017 19:18
  • Mission: Success—Marc Lifshin

    Ever since he can remember, Marc Lifshin has loved to build. As co-founder & managing partner of Core Spaces, he is living his dream every day, developing high-end student housing properties in prime collegiate markets.

    12 June 2017 09:00
  • How Building Age Impacts Rent in NYC

    For potential Manhattan renters, a building’s age is not just a number, according to a new report from RentHop. But just how much of a rent difference is there between pre-war and post-war buildings?

    28 August 2017 15:06
  • Lowe JV Buys 304-Unit B’more Community

    The high-end Jefferson Square at Washington Hill includes 20,000 square feet of street-level retail and was completed in 2015. The seller will continue to manage the property.

    13 July 2017 16:07
  • Lower Average Loan Sizes Are Likely

    Rising interest rates have yet to strongly impact the multifamily market, as specialists are confident the market will continue to see healthy fundamentals in the near future. While loan origination volumes are expected to stay up, the average value of credit facilities might dip.

    01 August 2017 20:39
  • Charleston Adds 110-Unit Luxury Community

    The Berry Cos. and Big Cypress Capital developed Cainhoy Pointe, a gated apartment project adjacent to the Cainhoy Plantation master-planned community.

    14 April 2017 16:43
  • Job Growth Firm, Rent Growth Totters in Portland

    The metro’s strong employment growth is pushing up multifamily demand, especially for market-rate apartments. Nearly 8,400 units were underway as of August, of which some 3,200 units are slated to come online by December.

    23 October 2017 08:13
  • Dougherty Mortgage Closes $32M Loan for MN Community

    The financing will be used to build Union Flats, a 217-unit affordable housing property in St. Paul. The community will be built on a site currently occupied by the Hunt Electric Corp. building.

    02 October 2017 15:04
  • JV Acquires $41M CO Community

    The 280-unit Lamplight Square at the Park is located in Colorado Springs. Griffis/Blessing plans to upgrade unit interiors, as well as the outdoor/indoor pool and the fitness area.

    13 September 2017 08:54