Tom Toomey

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  • Michaelson Lands 2nd TN Community in Less Than a Month

    Michaelson Real Estate Group and Eklund Development acquired Viera Cedar Bluff, a 184-unit community in Knoxville. The deal is part of a portfolio that also included 520-unit community The Metropolitan.

    10 October 2017 21:37
  • Bernards Breaks Ground on 115 KSF Student Housing

    The company is aiming for an August 2018 completion on the 114,970-square-foot facility at the University of La Verne. The project will be the first one in the university’s newly approved Facilities & Technology Master Plan.

    19 June 2017 21:31
  • Madrona Ridge Changes Leadership

    As part of the integration, the company added Mike Voorhees as a president for its Seattle office. He brings more than 23 years of experience in residential real estate management.

    13 July 2017 09:24
  • Orlando Affordable Housing Scores $20M Refi

    Berkeley Point Capital arranged financing for Sand Lake Pointe Apartments, a 312-unit property. The loan was securitized with Ginnie Mae on a 35-year fully amortizing term.

    06 September 2017 18:01
  • American Campus Nabs $561M Student Housing Portfolio

    The seven-property portfolio includes two existing communities, two communities slated to open this fall and three projects scheduled for delivery in Fall 2018.

    29 September 2017 17:37
  • Pioneering Purview: How Eric Margules Maximizes Value in Underserved Properties

    The executive grew Margules Properties from a one-man shop to a real estate investment firm with some $300 million in assets and a stable of 400-plus investors. Here's how.

    03 October 2017 08:07
  • Greystone, Winterwood Reopen KY Affordable Housing

    Following a complex statewide pooled tax-exempt bond transaction totaling $65 million, the companies reopened 18 remodeled affordable housing communities across 14 counties.

    06 June 2017 15:57
  • CBRE Closes Inland Empire Sale

    Evart Street Apartments in Montclair, Calif., changed hands for $8.9 million, one of the highest per-square-foot prices for a multifamily property in the area, according to the brokers.

    18 August 2017 08:49
  • SALT Spices Up $100M Salt Lake City Development

    The company has completed the first two phases of 4th West Apartments, which includes 373 units. The building, described as "ultra luxury," includes amenities such as an Olympic-size pool, heated spas and The SportClub, which features a 16-screen video wall and a full-size bar.

    06 June 2017 16:30
  • Marcus & Millichap Duo Sells 2 in Las Vegas

    Las Palmas and The Rubix traded for $39.3 million. New plans include capital improvements and focus on military housing.

    05 October 2017 22:03