Other Multifamily News

LIVEbe, a new, premier apartment developer and operator dedicated to delivering distinct apartment homes within connected communities, recently made a financial contribution to the Baltimore Chapter of Rebuild Together as part of its Beauty in Baltimore contest.

Greystone, a real estate lending, investment and advisory company, announced it has provided a $29 million HUD-insured permanent loan for Sapphire Center for Rehab & Nursing of Central Queens, a skilled nursing facility in Flushing, New York.

BETHESDA, Md., June 28, 2017 – ROSS Management Services, a leader in multifamily property management in the Mid-Atlantic region, today announced that ApartmentRatings.com has named 14 ROSS communities as Top Rated in 2016 for outstanding resident satisfaction scores. 

Greystone, a real estate lending, investment and advisory company, today announced it has provided $22,134,000 in Freddie Mac financing on a 12-property portfolio in Brooklyn, NY.  The loans were originated by Anthony Cristi of Greystone’s New York office.                                                                   

Greystone, a real estate lending, investment and advisory company, today announced it has provided the last of 13 total FHA loans for The Altman Companies, representing $79 million in financing. Lisa Fischman, originator in Greystone’s Monsey, NY office, completed the portfolio refinancing.

Modern Message, the creator of multifamily resident engagement platform Community Rewards, today announced that it has raised approximately $2 million in Series A funding.  The Series A funding round was led by AXA Strategic Ventures (ASV) and comes on the heels of another triple digit growth year in 2016 for the Dallas-based technology company, which anticipates $4-5MM in revenue for 2017.

Greystone, a real estate lending, investment and advisory company, today announced it has provided $68,100,000 CMBS loan for the refinance of Vineyards at Forest Edge in Dallas, TX. The loan was originated by Rob Meehan of Greystone, and the transaction closed on May 26.

Greystone, a real estate lending, investment and advisory company, announced it has provided a $59.8 million HUD-insured permanent loan for The Pavilion at Queens for Rehabilitation & Nursing, a skilled nursing facility in Queens, New York.