October 17, 2022 – Further to an August 11th bidding procedures order [Docket No. 246] and an October 14th sale hearing (continued from October 11th), the Court hearing the Fairport Baptist Homes cases issued an order approving the sale of substantially all the Debtors’ assets to 4646 Nine Mile Poin…
JLL Expands Debt Advisory Team, Sabal Capital Hires Head Lender, BH Properties To Focus on Distressed Assets CoStar Group
The $5 million purchase of 64,000 square feet in Richmond topped this week’s sales and 20,000 square feet in Henrico topped the leases.
Here are our picks for the top individuals, teams and companies in the multifamily sector from the past year.
SAN FRANCISCO--(BUSINESS WIRE)--Oct 7, 2022--
RREAF Holdings LLC, a private real estate investment and development firm, in partnership with 3650 REIT and real estate investment and financial services firm DLP Capital, today announced the acquisition of “Southeast Multifamily Portfolio III,” with a capitalization of approximately $500 million.…
October 3, 2022 – Further to an August 11th bidding procedures order [Docket No. 246] and following an auction for the Debtors assets held on October 3rd (adjourned from September 30th), the Debtors notified the court that they had designated 4646 Nine Mile Point Road LLC ($8,797,500 bid) as the “pr…
FPA Multifamily has acquired two multifamily communities in Seattle’s Ballard neighborhood for $41.5 million.
Catch up on the latest personnel moves in the affordable housing industry.
GREAT NECK, N.Y.--(BUSINESS WIRE)--Sep 26, 2022--
Commercial real estate transactions and announcements of note from across the Philadelphia region.
Danté Thomas has joined JLL Capital Markets, a professional services firm that specializes in real estate and investment management, as a managing director in the firm’s affordable housing production team. Thomas has more than 15 years of experience in the multi-housing affordable housing finance in…
Schenk Realty has sealed a $42 million debt package to refinance a student housing asset near Texas State University.
Genpact and Tethys Technologies inked deals to ditch their Avenue of the Americas offices for new digs at Savanna’s 521 Fifth Avenue.
NEW YORK, September 07, 2022--Berkadia announced today that it signed an agreement with Esusu, the leading financial technology company leveraging rental data for credit building. This partnership unlocks greater equity for renters, improves property performance for multifamily owners and operators…
Lenders including JPMorgan, Deutsche Bank and Blackstone looked favorably on borrowers wanting to refinance office and residential properties
HOUSTON, TX – Berkadia announces it has arranged the sale and financing of Bridgewater Apartments, a 206-unit garden-style, workforce housing community in Tomball, Texas. Managing Directors Joey Rippel and Chris Young, Director Kyle Whitney, Managing Director Jeffrey Skipworth and Senior Managing Di…
Some of the best US companies that have continued to create wealth over several years find a place in Warren Buffett’s stock portfolio.
An annual report from the Mortgage Bankers Association showed a record level of multi-family lending for 2021. Read on for more details.
ORLANDO, FL - Berkadia announces it has sourced a capital partner for Dallas-based Encore Multifamily, a division of Encore Enterprises, to develop its second apartment community in Orlando. The “Encore Narcoossee” community will be a three-story, 249-unit garden-style community on a 14.5-acre site…