Spaces Real Estate announces start of pre-leasing at Hazel Place Apartments in Chicago’s Buena...
Chicago-based Spaces Real Estate today announced the start of pre-leasing at Hazel Place, a 15-unit rental community under construction in Chicago’s Buena Park neighborhood. Located at 4337 N. Hazel St. and originally built in...
Mortgage Bankers close record $530 billion in commercial/multifamily originations in 2017
Commercial and multifamily mortgage bankers closed a record $530.1 billion of loans in 2017, according to the Mortgage Bankers Association’s (MBA) 2017 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation. “2017 was a very strong...
The NHP Foundation appoints Glynna Christian trustee Orrick Global Technology Transactions co-head joins organization
The NHP Foundation (NHPF) is pleased to announce that it has appointed Glynna Christian to the NHPF Board of Trustees. As Co-Head of the Global Technology Transactions practice at Orrick, Glynna brings to the Board of Trustees...
Wag! and Greystar bring on-demand dog walking and sitting to six Los Angeles apartment...
Wag!, the country’s largest on-demand mobile dog walking and dog care app, today announced that it will provide its services and custom amenities to residents of six Los Angeles apartment communities managed by Greystar. This alliance...
HUD awards record $28 billion to help hard-hit areas in nine states, Puerto Rico...
The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $28 billion to support long-term disaster recovery in hard-hit areas in nine states, Puerto Rico and the U.S. Virgin Islands. These funds...
CSM Corporation’s Candlewood Apartments receives two prestigious honors
Candlewood Apartments, a Rapid City, SD apartment community owned and operated by CSM Corporation, announced today it has been nationally recognized by two leading industry groups for their outstanding ratings and reviews from residents...
HUD, VA team up to help homeless veterans find permanent homes
In a continued effort to end veteran homelessness, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced $43 million to 325 local public housing...
Value-add asset in north Fort Worth Texas sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Hidden Lakes Apartments, a 312-unit multifamily asset in Fort Worth, Texas. “Built in 1996, Hidden Lakes is a low-density property that...
Two central Texas multifamily assets sold by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of two multifamily properties in Waco, Texas. They are 214-unit Tinsley...
Eastern Union Funding closes over one billion dollar first quarter
Eastern Union Funding, one of the nation’s leading commercial real estate mortgage companies, announced today that it closed over $1 billion of commercial real estate loans in the first quarter of 2018. The CRE...
Salt Lake City apartment complex wins Development of the Year
Wood Partners, a leader in real estate development and construction, announced their downtown development, Alta Gateway Station, has been named “Development of the Year” by the Utah Apartment Association. The Utah Apartment Association hires a...
What Friday’s U.S. jobs report means: Interest rates, GDP, and labor force participation
Two economists from California made the following comments regarding this coming Friday’s U.S. Bureau of Labor Statistics’ non-farm payrolls employment report for March: Robert Eyler, Board Member of Redwood Credit Union and Economist at Sonoma...
Marcus & Millichap Capital Corp.’s proprietary lending partnerships deliver over $850 million
Marcus & Millichap today announced that its financing subsidiary, Marcus & Millichap Capital Corp. (MMCC), completed over 160 agency financing transactions valued at more than $850 million, between September 2016 and March 2018, through...
IPA closes $317 million in Texas multifamily sales
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the completion of 12 multifamily transactions in Texas totaling 3,699 units in the first two months of 2018. The cumulative sales price was...
WINLYND acquires distressed note on 384-bed student housing community in Texas
WINLYND, LLC has acquired the distressed bank note on a 384-bed student housing community in Beaumont, Texas and subsequently took ownership of the property following a foreclosure auction. The purchase price was not disclosed. Village...
