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New Apartment Build Secures $126M Refi
Talaria at Burbank secures a 10-year loan with seven years of interest only payments. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Developer Sells Chandler Apartment Build
Dallas-based investor Rosewood Property Co. buys the 283-unit apartment property, which was built in 2018. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Berkeley Becomes First to Ban Natural Gas in Low-Rise Residential
The first in the nation to do so, the natural gas ban will go into effect January 1, 2020 and require all new single-family homes, townhomes and small multifamily buildings to have electric infrastructure. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
B6’s 1H 2019 Market Report Shows Drop in Deal Volume
The real estate advisory firm started a year ago by Paul J. Massey, Jr. notes this could mean growth opportunities especially in Harlem, Bushwick and Queens. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Austin Climbs to Second-Largest Rent Spot
Austin climbed to the second-largest rent spot at $1,422 after a $20 price growth from last month, indicating that it has become a popular hub among renters, according to a study by RentCafe. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Spruce Closes $3M Funding Round for Expansion
The capital will help Spruce expand its market presence outside of Texas, beginning with Denver, enable the company to scale its sales and marketing capabilities, and continue software development efforts. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Exact Capital Renovates 333 Affordable Apartments in the Bronx
With Bronx Shepherd Restoration Corporation, the New York City-focused real estate firm preserved the apartments across 19 buildings. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
CrediVia Expands into Multifamily Financing
The company is broadening its marketplace to reach and connect multifamily lenders and borrowers. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Prana Receives $50M to Acquire Affordable Multifamily Housing
Pembrook Capital Management closed on preferred equity investment of $50 million for Prana Investments. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Vista Realty to Develop $41M Multifamily Complex
The 303-unit complex near Atlanta has an expected completion date of September 2020. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
