Thomas Black

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  • Napali Nabs Atlanta-Area Community

    The deal is in line with the company’s long-term plan to grow its portfolio and strengthen its focus on creating passive income streams for its investors.

    Atlanta 11 July 2017 09:24

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    The seller completed a series of improvements during its ownership, including the renovation of the clubhouse and the creation of a private fitness studio.

    25 July 2017 17:53
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    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
  • Western Wealth Snags Phoenix Community

    The company paid $13.4 million to acquire Tierra Santa, a 274-unit property at 4620 W. McDowell Road. ARA Newmark brokered the transaction, which was subject to a $10 million loan originated by Walker and Dunlop.

    12 May 2017 18:28
  • Betting on Service

    There a new developments popping up all over the country. The best way to distinguish yourself is to make customer service a priority.

    19 May 2017 18:30
  • ASC Arranges Financing for Chicago Multifamily Asset

    Winthrop Place, located in Edgewater, will benefit from a $1.5 million refinance loan. The 1968-built property consists of 16 studios and 41 one-bedroom units.

    14 April 2017 16:52
  • Manhattan’s Beekman Tower Lands $70M Refi

    Meridian Capital Group arranged the 10-year CMBS loan for the 26-story Art Deco building. The property recently underwent a $24.2 million renovation to reposition it as corporate housing.

    04 August 2017 14:24
  • Economy Watch: Texas LEEDs in Residential Projects

    The Lone Star State has the most LEED-certified residential construction projects in the U.S., with more than half of them located in the Dallas-Fort Worth-Arlington metro area, according to a recent ABODO report analyzing USGBC data.

    25 September 2017 14:47
  • Brooklyn Luxury Apartments Land $120M Loan

    Square Mile Capital Management originated the loan on behalf of developer Lightstone, which completed construction in March 2016. The apartment community comprises 344 market-rate and 86 affordable units.

    08 May 2017 14:30
  • Avanath Doubles Sacramento Footprint

    In a $56.5 million deal, the company has acquired an affordable housing portfolio totaling 468 units in one of the nation’s hottest markets. The properties cater to seniors, families and mixed-income renters.

    15 June 2017 10:05
  • 3 Do’s and 3 Don’ts for Interacting With Pregnant Residents

    Customer service is the name of the game for property managers and other employees who work onsite at a community.

    07 June 2017 16:36