Other Multifamily News
Greystone, a leading national commercial real estate finance company, has provided a total of $24,850,000 in Fannie Mae Delegated Underwriting and Servicing (DUS®) loans as supplemental financing for two multifamily properties in Phoenix, AZ. The new loan transactions were originated by Tony Spaeth and Trip Going of Greystone.
JLL Capital Markets announced today that it has closed the sale of and arranged acquisition financing for Alexan Earl, a 333-unit, trophy-quality, multi-housing community in the suburban Washington, D.C. community of Arlington, Virginia.
JLL Capital Markets announced today that it has arranged $43 million in structured construction financing for the development of Winslow Crane Apartments, a 203-unit, Class A, garden-style multi-housing community in the Denver-area community of Englewood, Colorado.
PetScreening, a first-of-its-kind screening platform that empowers property managers to outsource their pet risk assessment and assistance animal validation processes at no charge, today announced it has partnered with Bridge Property Management to implement its platform across Bridge’s entire multifamily portfolio.
JLL Capital Markets announced that it has assisted in arranging equity and construction financing for the development of Preserve at Ridgeville Apartments, a 240-unit, mid-rise, garden-style multi-housing community in the Charleston-area community of Ridgeville, South Carolina.
LMC, a wholly owned subsidiary of Lennar Corporation and a leader in apartment development and management, today announced the land closing for its latest multifamily development, Artemas, in the active north Boston suburb of Everett.
Fetch, the first and only off-site package solution for apartment communities, today announced a $50 million Series C round of equity funding. Ocelot Capital led the round and was joined by Greenpoint Partners, Alpaca VC and Rose Park Advisors. Existing investors Iron Gate Capital, Signal Peak Ventures, Venn Ventures, Pando Ventures, and Seamless also participated. In addition to the equity raise, Signature Bank provided a $10 million venture debt facility.
Non-profit organizations Michelson Found Animals Foundation and the Human Animal Bond Research Institute (HABRI) today announced the release of a new Pet-Inclusive Housing Initiative (PIHI) Report, outlining the path to creating more than 8 million new pet-friendly rental homes in the United States. The report shows that rental housing owners and operators can attract and retain more residents by offering pet-inclusive housing and also details the community benefits of doing so.