Todd Ernst

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  • How Independent Apartment Owners Can Increase Income

    Independent owners can maximize income and value using similar tools to their institutional counterparts'. Here are some suggestions from the National Apartment Association's recent Education Conference.

    28 June 2017 15:31
  • Passco Acquires $50M Luxury Community

    The company is expanding its footprint with a new Class A, luxury community, located near Tampa Bay and major area employers.

    09 June 2017 15:06
  • Marina Arts District Grows With $100M Development

    Dubbed G8, the project will be one of the area’s largest multifamily communities. California Landmark Group’s development is located in a former Marina del Rey industrial zone and is scheduled for 2019 completion.

    09 October 2017 14:59
  • Kennedy Wilson Sells $109M Seattle Asset

    The 576-unit property was 97.9 percent occupied as of May. The company purchased the asset in 2014 for $57.8 million from Holland Partners.

    10 July 2017 08:34
  • Affordable FL Community Lands $7M Financing

    Walker & Dunlop arranged a 35-year loan for William Booth Towers, a 168-unit, age-restricted property west of Orlando’s central business district.

    21 June 2017 19:45
  • 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
  • CBRE Global Investors Fund Lands $51M Denver-Area Asset

    Viridian at the Gardens on Havana is a 227-unit property located in Aurora. ARA Newmark worked on behalf of AIG Global Real Estate and Post Investment Group, partners in trading the recently constructed Class A community.

    21 July 2017 13:00
  • Charlotte’s Boom

    The area's multifamily market is one of the best-performing in the country, with healthy demand, job increases and strong growth potential.

    26 May 2017 13:18
  • Maryland Investor Acquires Atlanta Apartments

    Preferred Apartment Communities has secured Aldridge at Town Village, a 300-unit community in Marietta, Ga., that was built in 2016.

    04 October 2017 16:16
  • Economy Watch: Nonresidential Sector Sees Employment Boost in September

    This year's hurricane season may help explain the growth in employment among nonresidential specialty trade contractors, who would have been hired to help with rebuilding efforts, noted Associated Builders and Contractors Chief Economist Anirban Basu.

    09 October 2017 13:09