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AI Is Already Disrupting Apartment Leasing
New artificial intelligence tools are taking the manual work out of apartment leasing. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
GlobeSt.com Hosts Inaugural Woman of Influence Awards
GlobeSt.com and GlobeSt. Real Estate Forum honor this year’s woman of influence, including newly focused categories, judge’s categories and more here in Broomfield, CO. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Woodfield Secures Construction Loan for Reston Apartment
Thirty-seven of the units will be designated as workforce housing. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
OneWall Partners Secures $57M Freddie Mac Loan for 13-Property Portfolio
CBRE VP Jaspaul Kapoor secured the loans on the properties that were mostly part of a 2017 portfolio purchase for $63 million. OneWall Partners is the largest property owner in East Orange and one of the largest transit-oriented workforce housing owner/operators in northern New Jersey. Continue Reading at GlobeSt.com Click Here. Press Release Distribution…
New Jersey, St. Joseph’s Health Launch Hospital Affordable Housing Partnership Program
The proposed Barclay Street housing development, the first project announced under the partnership program, involves the construction of a multi-story building, in an Opportunity Zone, to house one- to three-bedroom apartments affordable to families, potentially including hospital employees. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Affordable Housing Emerges as Important MF Play
Investors are diversifying their portfolios by adding affordable properties to the mix, says Berkadia’s Ernie Katai. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Planned Tampa Area Multifamily Secures Bridge Financing
The undeveloped property at the northeast corner of South Lakewood Drive and Brandon Parkway will have 600 multifamily units and 75,000 square feet of mixed-use buildings and stores on 55 acres, which is one of the largest remaining undeveloped parcels in Brandon. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Phoenix’s Canyons on Colter Apartments Trades Hands
The a California-based buyer acquired the property for $34 million and secured a $27 million acquisition loan. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Roxborough Fund Sheds Las Vegas Apartment Portfolio
The fund sold the 1,194-unit apartment portfolio for $137.5 million after it invested $5 million in property upgrades. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
With Milestones Met, Alameda Point Charges On
Alameda Point Partners has completed demolition of the 30-acre Site A parcel of the former air station and is 50% complete with construction of the infrastructure to include parks as well as a ferry terminal. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service