Tag: News
Survey shows significant delays in apartment construction
The percent of apartment developers reporting construction delays remained essentially the same in the second iteration of the National Multifamily Housing Council’s (NMHC) Construction...
Rate Desk April 16, 2020
April 16 edition S&P and Dow down, Nasdaq up UST .602 223(f) 2.65% 221(d)(4) 3.30% Fannie 3.17% Freddie 3.50% Municipal bonds: Permanent debt instruments ...
Greystone Bel sells 48-unit multifamily property in Sturgis, MI
Greystone Bel recently closed the sale of Colonial Crest Apartments, a 48-unit multifamily property in Sturgis, Michigan for $1,785,000 or $37,188 per unit. Austin Hull...
JLL arranges $58.5 million financing for Bay Area multihousing portfolio
JLL Capital Markets announced that it has arranged $58.5 million in financing to fund the recapitalization of a nine-property multihousing portfolio located in Oakland,...
Marcus & Millichap arranges the sale of an 11-unit apartment building
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of...
Westmount Realty Capital acquires River Park, a 27-building multifamily community in Fort Worth
Westmount Realty Capital, LLC announced the acquisition of River Park, a 280-unit, garden-style multifamily community located at 3309 River Park Dr. in southwest Fort...
Westmount Realty Capital acquires River Park, a 27-building multifamily community in Fort Worth
Westmount Realty Capital, LLC announced the acquisition of River Park, a 280-unit, garden-style multifamily community located at 3309 River Park Dr. in southwest Fort...
Rate Desk April 15, 2020
Rate Desk April 15 edition: Markets down from yesterday UST .643 bp 223(f) 2.55-2.72% 221(d)(4) 3.20-3.37% Fannie 3.21% Freddie 3.50% Forbearance: 30 days with...
JLL to exclusively market 121 East 37th Street in New York’s Murray Hill
JLL Capital Markets has been retained by PR 121 East 37 LLC to exclusively market and sell 121 East 37th Street in New York’s...
Rate Desk April 14, 2020
Rate desk April 14 edition: All markets are up UST .736 bp 223(f) 2.55% 221(d)(4) 3.20% Fannie 3.25% Freddie 3.50% TEB 3.59% TEL 3.05% ...
Interra Realty brokers $2.7 million multifamily sale in Chicago’s Kenwood Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of 4119 S. Ellis Ave., a 23-unit apartment building...
NMHC Research Foundation releases new study on apartment filtering
The NMHC Research Foundation released a pioneering new study exploring the impact of the filtering process on apartment housing. A better understanding of the detailed...
$34.5 million construction loan arranged by Marcus & Millichap Capital Corporation
Marcus & Millichap, financing subsidiary Marcus & Millichap Capital Corporation (MMCC), has arranged a $34.5 million construction loan for a 48-unit condominium development project in Pasadena,...
HUD implements new CARES Act multifamily mortgage payment relief to maintain and preserve affordable...
The U.S. Department of Housing and Urban Development (HUD) announced it is issuing new mortgage payment relief guidance under the Coronavirus Aid, Relief, and...
Jonathan Rose Companies acquires Tower West Apartments on Manhattan’s Upper West Side
Jonathan Rose Companies, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, has acquired Tower West Apartments,...
