Trending Multifamily News
CAPREIT, a national real estate development and investment company responsible for the ownership and management of more than $5 billion of multifamily assets, today announced it has taken over management responsibilities of Rochester Highlands, a 504-unit affordable apartment community in southern Rochester.
Greystone, a real estate lending, investment and advisory company, announced it has provided a $19.2 million Fannie Mae loan as part of a $32.25 million property acquisition by AMS Acquisitions in Bayonne, NJ. The loan was originated by Avrom Forman of Greystone’s New York office.
Greystone, a real estate lending, investment and advisory company, today announced Anthony Alicea has joined the company as Head of Production for the Portfolio Lending Group, reporting to Mark R. Jarrell, who leads the Group. In this role, Mr. Alicea will oversee production for the firm’s bridge and mezzanine lending products that complement Greystone’s FHA, Fannie Mae, Freddie Mac and CMBS lending products.
Greystone, a real estate lending, investment and advisory company, today announced it has ranked #1 in Targeted Affordable Housing (“TAH”) loan origination volume for 2017 by Freddie Mac. Greystone’s Freddie Mac TAH volume included transactions closed as both Forwards and Immediate Fundings and included tax-exempt loan structures, green financing, value add and substantial rehab transactions nationwide.
JVM Realty Corp. (JVM), a leading vertically integrated multifamily real estate investment and property management firm, today announced it has acquired Apex on Quality Hill, a 138-unit luxury apartment community in downtown Kansas City, Mo. JVM Management will manage the community.