Rate Desk Monday, July 6, 2020
July 6, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. HUD comments on 2020 FHA MAP guide focusing on eliminating green washing through real-time data monitoring. Rate Desk notes July 6, 2020 ...
Parkview Financial provides $19 million construction loan for a four-building, 90-unit multifamily project in...
Parkview Financial announced it has provided a nearly $19 million construction loan to Schiller Park, IL-based MB Bloomingdale Trails, LLC for the development of Bloomingdale Trails a 90-unit multifamily rental project located at 290...
The RADCO Companies announces sale of Ashford 2788 Apartment Complex in Atlanta for $49.5...
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of Ashford 2788, a 297-unit apartment community in Atlanta, GA to Quintus for approximately $49.5 million. RADCO acquired the...
NAHB POWER HITTERS coming to Yield Pro TV
July 1, 2020, marked the 60th episode of Rate Desk on Yield Pro TV. Viewership has continued to climb since the April 2 show launch. The show’s producers are extending the Yield Pro TV...
Bumps in the road for Katerra
Ambitious construction startup Katerra has laid off 7 percent of its workforce as it shifts its focus from fleshing out its product offerings to becoming profitable. This is at least the fourth round of...
Rate Desk Wednesday, July 1, 2020
July 1, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. What’s the wellness level of your communities? Do they include things like walking Zen gardens and water features? Rate Desk notes July...
Emotional support animal vs person with allergies: Who wins?
The Iowa State Supreme Court looked at a conflict between two people, both requesting "reasonable accommodation," in a recent ruling. Origins of the conflict Karen Cohen has a severe allergy to pet dander. Because of this,...
The RADCO Companies sells Mabry Manor apartment community in Tampa, Florida to TLR Group...
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announces the sale of Mabry Manor, a 372-unit B class multifamily apartment community in Tampa, FL, to TLR Group for the...
CBRE sells Pynchon Terrace and Edgewater Apartments for $76 million
CBRE announced the sale of Pynchon Terrace and Edgewater Apartments located at 101 Lowell Street in Springfield, Massachusetts, for $76,000,000. CBRE Capital Markets’ multihousing experts Simon Butler, Biria St. John and John McLaughlin and the...
Rate Desk Tuesday, June 30, 2020
June 30, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Indices breaking quarterly records and the Emergency Affordable Housing Act posed to free up $73 million in new equity. Rate Desk notes...
HUD awards over $40 million to fight housing discrimination
The U.S. Department of Housing and Urban Development (HUD) awarded $40.8 million to support dozens of fair housing organizations working to help end housing discrimination (see grant chart below for full list of recipients)....
Affordability extended for lower-income senior citizens at Newton Housing Community as a result of...
MassHousing has provided $8.1 million in affordable housing financing to the non-profit Newton Community Development Foundation (NCDF), to preserve an d extend the affordability for lower-income senior citizens for at least 20 years at the 43-unit Casselman House in Newton. “We were pleased to work...
Fully entitled development site in Durham sells for $10.9 million
JLL Capital Markets announced it has closed the $10.9 million sale of Davis Park East, a 21.07-acre, shovel-ready, multihousing development site adjacent to the Research Triangle Park node in Durham, North Carolina. JLL marketed the...
McShane completes Parc at Pooler Luxury apartments near Savannah, Georgia
McShane Construction Company completed the construction of a new luxury apartment community, known as Parc at Pooler, on behalf of Equity Resources, LLC. Located on 21 acres at 2200 Old Quacco Road in Pooler,...
Rate Desk Monday, June 29, 2020
June 29, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. FFHA extended MF owners GSE forbearance to 6 months with caveats to resident back rent payments. Rate Desk notes June 29, 2020 ...
