Greystone, a leading national commercial real estate finance company, has provided a $115,000,000 Freddie Mac loan to refinance Courtlands on the Park, a 918-unit multifamily apartment community located in Des Plaines, Illinois. The financing was originated by Greystone’s Eric Rosenstock, Senior Managing Director, on behalf of CLK Properties, a repeat client. Built in 1973, Courtlands on the Park in Cook...
Jim Chapman Construction Group (JCCG), an established and respected build-to-rent (BTR) general contractor operating in the Southeast and Indiana, announces the promotion of Chris Mancuso to President. Jim Chapman will step into the role of Chief Executive Officer and Chairman of the Board for JCCG, where he will remain actively involved in developing long-term strategy, managing key client relationships and...
Expanding programs that enable renters to become first time homebuyers would grow the housing supply as a part of the solution to the housing crisis, according to Jamie A. Smarr, President and CEO of the non-profit NYC Housing Partnership Development Corporation. Smarr points to “New York’s HomeFirst Down Payment Assistance Program, which provides up to $100,000 in the form...
Contemporary fine art realist painter Greg Carr of Tall Greg Art named inaugural resident artist The Wyre, a newly developed multifamily community by Woodfield Development in Asheville’s River Arts District, has announced the launch of Brian Schick River Arts District Artist Residency, a yearlong program designed to support a working local artist while fostering creativity, connection, and community engagement among residents...
Peak Management, LLC recently completed a $4.5 million comprehensive interior and exterior enhancement and improvement strategy at Ruxton Tower, a mixed-use community located at 8415 Bellona Lane in the Towson area of Baltimore County. Peak Management, LLC, an affiliate company of Hill Management Services, Inc. acquired the asset, a multifamily community comprised of 146 high-rise apartment units and a 25,000...
