Timothy Ericson

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  • Baltimore Community Sells for $31M

    The 390-unit Marble Hall Gardens previously changed hands in 2007, when Tryko Partners acquired the Class C asset from Lightstone Group for $13.2 million.

    25 May 2017 08:01
  • 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
  • BRIDGE Housing Breaks Ground on $1B Revitalization

    The firm and Los Angeles' Housing Authority started work on a community that will transform the Jordan Downs housing project in Los Angeles. Phase I will add 115 affordable units.

    08 June 2017 14:31
  • Rent Growth

    Rents were up 1.5% nationwide in May, down 40 basis points from April, 90 basis points from March and well below the 5.3% growth rate of a year ago. Deceleration is more than firmly established, as the year-over-year growth rate has decreased for 13 straight months since reaching 5.4% in April 2016. The last time the year-over-year increase was as low as 1.5% was in April 2011.

    19 June 2017 20:09
  • Finlay Expands Management Portfolio With FL Community

    The firm will manage Jackson Square Apartments in Tallahassee, a property that has recently been purchased by Finlay’s sister multifamily investment company, Lloyd Jones Capital.

    27 September 2017 13:16
  • Condo Development on Biscayne Bay Nearly Complete

    The Miami property was developed jointly by South Florida-based developer Two Roads Development and GTIS Partners, a global real estate investment firm headquartered in New York.

    11 May 2017 19:12
  • Dominion Senior Living Breaks Ground on SC Community

    The $9.5 million, 44,000-square-foot project in Anderson will offer 45 assisted living and 15 memory care apartments.

    19 May 2017 14:01
  • CBRE Secures $90M for Phoenix Community

    The Capital Markets Debt & Structured Finance team arranged the financing for San Sonoma, a 590-unit property with an average rental rate of $1,373.

    31 May 2017 22:02
  • Greystar Unveils Elan River District in Fort Worth

    The 325-unit luxury community is located along the Trinity River on the west side of Fort Worth. The units include high-end finishes and resort-like amenities.

    06 November 2017 15:38
  • JV Wraps Up NYC Mixed-Income Community Makeover

    Nelson Management Group and L+M Development Partners have completed a complex, four-year renovation of the 318-unit Promenade Apartments in the Bronx.

    08 August 2017 14:02