Thursday, March 28, 2024

News

Morgan Thomas

Kidder Mathews Welcomes Investments Specialist Morgan Thomas in San Francisco

Kidder Mathews is pleased to welcome Senior Vice President Morgan Thomas in San Francisco. He brings over 20 years of commercial real estate experience, specializing in the sale of multifamily investments, with experience in...
Calvin Lee

Kidder Mathews Welcomes Veteran Investments Specialist Calvin Lee in Downtown Los Angeles

Kidder Mathews is pleased to welcome investment sales specialist Calvin Lee as a senior vice president in downtown Los Angeles. Lee is a veteran of the commercial real estate industry. Prior to joining Kidder...
Stonehill

Grand Debut of Stonehill at West Orange Raises the Bar for Luxury Apartment Living...

Stonehill, a brand-new enclave of sophisticated rental residences located just 18 miles from New York City in the desirable New Jersey township of West Orange, is now open for leasing, developer BNE Real Estate...
Bon Air Apartments

Red Oak Capital Holdings Provides $4M for Indianapolis Multifamily Makeover at Bon Air Apartments

Red Oak Capital Holdings, LLC has provided a $4-million bridge loan for the Bon Air Apartments, a multifamily complex located in Indianapolis, Indiana. The funds will be used to pay off an existing loan...
Grandview Terrace

Hudson Valley Property Group Completes $71M Acquisition Rehab Project at Grandview Terrace Apartments in...

Hudson Valley Property Group (HVPG), a leading, national affordable housing preservation company, announced that it has completed a $71 million acquisition, preservation and renovation project at Grandview Terrace Apartments, a 283-unit senior housing complex...
Copperfield

Institutional Property Advisors Closes Sale and Arranges Financing for Copperfield Multifamily Asset in Fort...

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale and financing of Copperfield, a 323-unit multifamily property in Fort Worth, Texas. “Copperfield is a value-add asset located in Southwest Fort Worth, an area...
multifamily housing completions set record

Multifamily completions hit 50 year high

The Census Bureau’s new residential construction report for February showed multifamily construction unit completions continuing their recent surge. In addition, both multifamily permits and multifamily starts rose from the low levels they reached last...

GSEs dominate growth in multifamily mortgages outstanding in Q4

A Mortgage Bankers Association (MBA) report shows that the growth in multifamily mortgage debt outstanding in Q4 2023 was down from that in Q3. This is very different from the usual annual pattern where...
home builder sentiment rises in March 2024

Builder sentiment rises above breakeven point in March

A lack of existing inventory that continues to drive buyers to new home construction, coupled with strong demand and mortgage rates below last fall’s cycle peak, helped push builder sentiment above a key marker...
Ian Dyer

Tour24 Hires Ian Dyer as SVP to Lead Product and Mike Ramseyer as VP...

Tour24, developer of the multi-award-winning mobile app that offers renters an easy way to tour apartments and empowers leasing teams to seamlessly manage tours, announced Ian Dyer Senior as Vice President of Product and...
Alta Rolling Oaks

Wood Partners Celebrates Grand Opening of Luxury Residential Community Alta Rolling Oaks in San...

Wood Partners, a national multifamily real estate development leader, proudly unveils the grand opening of Alta Rolling Oaks, its latest luxury residential community in San Antonio. Located at 6710 N. Loop 1604 E. in North...
Matthew Carlson

Matt Carlson and Patrick Gildea Named Regional Leaders at CBRE Capital Markets

Matt Carlson and Patrick Gildea have been named regional leaders for CBRE’s Capital Markets national office platform. As Co-Heads of U.S. Office Capital Markets, Carlson will provide strategic oversight for the West region, while...
Island Terrace

Merchants Capital Provides More Than $103M in Financing for the Rehabilitation of Affordable Island...

The Chicago office of leading financial services provider Merchants Capital announced that it provided more than $54 million of debt and $49 million in Low-Income Housing Tax Credit (LIHTC) equity financing for the rehabilitation...
University Station

ANF Group Celebrates Topping Out of Mixed-Use University Station Development in Hollywood Florida Along...

ANF Group, Inc., a full-service construction firm providing construction management, general contracting, development, and design-build services to the South Florida market, celebrated the topping out of University Station, a new $100 million, mixed-use development...
Soleste Spring Gardens Pool Deck

The Estate Companies and FHCP, LLC Secure $50M Refinancing for Soleste Spring Gardens Following...

The Estate Companies, a leading developer of luxury multi-family developments throughout South Florida, and FHCP, LLC announced the successful $50 million refinancing of Soleste Spring Gardens, an eight-story Class A luxury rental community with...
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