Holding it together while working apart
“You need to make Andrew do his job!” My client, let’s call her Robin, received this text from her sales manager during their virtual leadership meeting. As a food manufacturer, her company is deemed essential...
The housing industry is poised to lead the nation’s economic recovery
As the industry observes National Homeownership Month in June, recent housing data indicate the important role the residential construction industry will play in leading the U.S. economic recovery from the coronavirus pandemic, according to the National Association...
Adjust your expectations (without lowering the bar)
Most of the country has been sheltering in place and working from home for some time now. This change came with obvious challenges to getting work done for those who live with others—be they...
Laughter: Stay connected even while you’re apart
Video-conferencing has been around for more than 20 years. Until the pandemic, though, you would find that many if not most people needing to attend a meeting remotely would be calling from a real...
The art of remote communication
Storytelling is a cornerstone of how humans communicate with one another. This is true across all aspects of life, both in interpersonal and business relationships. Working from home adds a level of complexity to the...
Politicians seek relief for renters, but landlords have rights too
State and local governments have closed businesses across the country in response to COVID-19, putting millions of Americans out of work. Right now, those Americans’ biggest concerns are keeping a roof over their heads...
Freddie Mac provides $32.25 million loan for Orlando-area community
JLL Capital Markets announced that it has arranged a $32.25 million refinancing for Lake House, a 240-unit, garden-style multihousing community in Davenport, Florida. JLL worked on behalf of the borrower, Beachwold Residential, to secure the...
Rate Desk May 29, 2020
May 29, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Mortgage markets reawaken and FHA 223(f) moves to the loan of choice for take-out on both market-rate and LIHTC developments. Rate Desk...
Avison Young brokers sale of lender-owned, 5-unit Hollywood Hills apartment property
Avison Young, the world’s fastest-growing commercial real estate services firm, announced that it has brokered the $1.7 million sale of a lender-owned, five-unit apartment property located at 1954 Argyle Avenue in the Hollywood Hills...
Rate Desk May 28, 2020
May 28, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Housing is health: Impacting the health of our communities with healthy housing. Rate Desk Notes May 28, 2020 Indices down Crude $33.55 ...
The Babb Group of Marcus & Millichap arranges the sale of Walden Landing ...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Walden Landing, a 44-unit apartment property located in Plant City, Fla.,...
MassHousing closes on $25.25 million in financing to extend affordability on 82 housing units...
MassHousing has closed on $25.25 million in affordable housing financing to an affiliate of Vitus, for the preservation and rehabilitation of 82 affordable housing units in Roxbury. Vitus will utilize the MassHousing financing to combine a pair of Roxbury affordable housing communities, the Fort Hill Gardens and Esperanza...
Rate Desk May 27, 2020
May 27, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. LIHTC perm take-out low loan constant due to low rates but still over-sourced. Rate Desk Notes May 27, 2020 Indices up Crude...
Levin Johnston completes $26.8 million sale of 102-unit value-add multifamily community in Concord, California
Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has directed the sale of The Lakes, a 102-unit...
Interra Realty brokers $1.48 million off-market sale of multifamily building in Chicago’s South Shore...
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $1.48 million off-market sale of 7526 S. Colfax Ave., a 24-unit courtyard apartment building in Chicago’s South Shore neighborhood. Interra...
