JLL Secures Bridge Loan for Harrington Square Apartments in Leland North Carolina within the...
JLL Capital Markets announced that it secured a $50 million bridge loan for the refinancing of Harrington Square apartments, a Class A mixed-use apartment complex located in Leland, North Carolina, within the Wilmington MSA.
JLL...
EAH Housing Celebrates the Completion of Dual Phase Avena Bella Development Near Modesto
EAH Housing, one of the largest and most respected nonprofit housing development and management organizations in the western United States, announced the grand opening of Avena Bella II, the second and final phase of...
PCCP, LLC provides $13.25 million preferred equity investment to finance construction of 162-unit multifamily...
PCCP, LLC announced it has provided a $13.25 million preferred equity investment to Timberlane Partners to finance the construction of Sumner Apartments, a 162-unit garden-style multifamily community located at 16017 60th Street in Sumner,...
San Diego County multifamily asset sold by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Serena Vista, a 110-unit multifamily asset in the San Diego submarket of La Mesa, California. The property sold for...
MBA reports on multifamily mortgage debt
The Mortgage Bankers Association (MBA) recently issued their report on Q4 2019 debt outstanding on commercial property. This article summarizes the part of the report dealing with multifamily property debt.
Measuring total multifamily mortgage debt
Total...
Zoom fatigue
If you’re finding that you’re more exhausted at the end of your workday than you used to be, you’re not alone. Over the past few weeks, mentions of Zoom fatigue have popped up more...
$18.239 million in financing secured for affordable multihousing community in Indiana
JLL Capital Markets announced that it has arranged the $18.239 million acquisition financing for Cambridge Estates, a 358-unit, garden-style affordable apartment community in Lafayette, Indiana. Approximately 41 percent of the units are covered by...
The Mogharebi Group completes sale of 92-unit apartment community in Fresno for $11.4 million
The Mogharebi Group (TMG) has arranged the $11.4 million sale of the 92-unit Northbrook Apartments in Fresno, California.
Located at 584 E. Bullard Ave., Northbrook Apartments is a single-story, garden-style apartment community with a unit...
Rate Desk Friday, July 31, 2020
July 31, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. What does the future hold for Transit Oriented Development (TOD) as ridership shifts toward biking over public transit?
Rate Desk notes July...
Affordability extended for lower-income senior citizens and families at Stoneham Housing Community as a...
MassHousing has provided $32.7 million in affordable housing financing to an affiliate of Atlantic Tambone Management, LLC to preserve and extend the affordability for lower-income senior citizens and families for at least 31 years at the 194-unit Mountain...
Institutional Property Advisors closes sale of Downtown Phoenix high-rise and arranges financing
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of 700 North 4th Street, a 27-story, 234-unit luxury multifamily asset in Phoenix, Arizona.
“Embedded within downtown and midtown Phoenix’s...
Multifamily embraces tech in the time of COVID
As the pandemic continues to impact everyday life, Americans increasingly encounter the phrases unprecedented, new normal, and flatten the curve.
The innovation adoption curve—which includes early adopters, those who wait and see, laggards and even...
Multifamily scores ballot winners and losers
The USA is preparing to swear in President-elect Donald J. Trump as its 47th president, or what some housing experts call the return of the nation’s builder-in-chief. Housing was a major focus...
Multifamily CMBS special servicing rate higher in October
Trepp reported that special servicing rate for multifamily commercial mortgage-backed securities (CMBS) loans moved higher for the third month in a row in October, rising another 14 basis points. The overall CMBS special servicing...
Ware Malcomb Announces Construction is Complete on Station 250 Multifamily Development in Chicago Suburbs
Ware Malcomb, an award-winning international design firm, announced that construction is complete on Station 250, an upscale multifamily development in Mundelein, Illinois.
Located next to the Mundelein Village Hall and adjacent to the local METRA...
