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  • Raiders of the Lost Rate Hike

    While Fed Chair Janet Yellen has suggested the potential for multiple rate hikes through 2018, several factors should influence her plan to be implemented with caution, argues Stepp Commercial Vice President Mark Ventre.

    03 August 2017 17:54
  • NKF Snags Senior Housing Experts

    Rob Black and Sean McNee have joined as senior managing directors in the firm’s San Diego office. The two veterans come from Cushman & Wakefield, bringing 21 years and 17 years, respectively, of industry experience.

    06 July 2017 14:26
  • 29SC Acquires Second San Marcos Student Housing

    The acquisition of the 488-bed property brings the company’s San Marcos multifamily portfolio to approximately 1,000 beds. The company plans to invest $1 million in capital improvements.

    07 June 2017 11:13
  • Torchlight Provides $80M Refi for Suburban Chicago Community

    The firm recapitalized 500 Station, a 417-unit asset in Aurora, Ill., with senior and mezzanine financing. Aurora is connected by local shuttle to the Route 59 commuter rail station, which offers express service to central Chicago.

    14 April 2017 16:53
  • Condo Development Coming to Dallas

    Metropolitan Capital Advisors arranged a $9.6 million construction loan for Destination Residences, a 62-unit, multi-story condominium project in The Cedars neighborhood.

    28 April 2017 17:51
  • 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.

    31 May 2017 14:30
  • Master Plan Brings Green to SoCal Desert

    Family Development and Presidio Residential Capital have received the go-ahead for a 660-acre development in Riverside County, Calif. Comprising apartments, condominiums, townhomes and single-family homes, the project would be the first of its kind in the Coachella Valley.

    15 August 2017 13:47
  • Toro Real Estate Acquires Assets in AL, TN

    The firm purchased an apartment community in Mobile, Ala., and a student housing property in Clarksville, Tenn.

    07 August 2017 08:54
  • Pacifica Refinances 9 Senior Housing Properties for $78M

    Capital One provided the loan for the portfolio, which includes properties in Arizona, California, Florida, Oregon and Utah. The mortgage consists of $67.7 million in initial funding.

    28 July 2017 19:10
  • Denver Workforce Housing Commands $53M

    Oak Coast Properties acquired the majority interest in the 384-unit Villas on 76th, increasing its hold in the area to 3,000 units.

    25 September 2017 16:28