The Paragon at Kierland

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    There is a right way, and a wrong way, to deal with pr crises at a community. Don't do what United Airlines did.

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  • Berkadia Secures $25M Loan for TX Community

    Berkadia arranged the acquisition loan on behalf of Faudree Ranch Apartments LLC. The 300-unit community in Odessa, Texas, was 90 percent occupied at the time of the transaction.

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    Habitat Metro and Sunbelt Holdings developed the project, which is already 72 percent sold. The property is the second and final phase of the Portland Place mixed-use development.

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    Developers Meridian Realty Advisors and Premier Development Group's community, which is built on a private beach, is scheduled to open in the summer of 2019 and is already 40 percent sold.

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    The brokerage firm arranged the sale of a 21-unit community in Santa Ana, Calif., at one of the highest price-per-square foot values for in the city. The buyer, NNC Apartment Ventures, plans to renovate the property, which was built in 1987.

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  • On the Market: 5 Interesting Listings for the Week of 8/21

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  • 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