Other Multifamily News

Chicago, IL – August 9, 2018 – American Street Capital (“ASC”) announced today that it has arranged $1.8 million in financing for an eight unit multifamily property in Chicago’s Old Town neighborhood.

Chicago, IL – August 9, 2018 – American Street Capital (“ASC”) announced today that it has arranged $1.8 million in financing for an eight unit multifamily property in Chicago’s Old Town neighborhood.

RED Capital Group, LLC announces the closing of $245.27 million in transactions in the second quarter of 2018 (April, May and June).

WASHINGTON, D.C. – August 7, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces acquisition financing for Northlake Townhomes, a 76-unit, garden-style apartment property in North Charleston, South Carolina.

Greystone, a leading commercial real estate lending, investment, and advisory company, today announced it has provided $54,871,000 in Freddie Mac financing for The Dean, located at 1040 Dean Street in Crown Heights, Brooklyn. The loan, an exit from construction financing, was originated by Anthony Cristi of Greystone’s New York office.

Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) on the extension of the National Flood Insurance Program (NFIP).

Substantial Repositioning Effort Resulted in Significant Cash-Out Result

LOS ANGELES, CA – August 1, 2018 – HFF announces $35 million in financing for EastView Apartments, a newly completed, 121-unit, Class A apartment property adjacent to Downtown Los Angeles, California.

DENVER, CO – July 31, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces $7.74 million in financing for two Colorado Springs, Colorado, apartment communities – Alvarado Place and Solar Vista.

Evergreen Real Estate Group today announced that Aurora St. Charles Senior Living, the developer’s recently completed senior housing community in Aurora, Ill., has been named the recipient of an Urban Land Institute (ULI) Chicago 2018 Vision Award in the “Historic Art Deco” category. Completed in December 2016, the adaptive reuse project was one of 10 winners honored recently at a ceremony that recognized visionary developments, programs and professionals in the land use and development fields throughout the Chicago area.