Other Multifamily News
Recently, Newmark Knight Frank studied the impact social and service amenities had on rent, lease-up, and sale price. According the study, “buildings with five or more social amenities sold for $31,867 per unit less than projects with four or fewer social amenities.”
WASHINGTON, D.C. — Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) on passage of the Omnibus Spending Bill.
Leading property management company takes home highest honor in audience-voted industry award
Greystone Affordable Development, a leading provider of affordable housing recapitalization, rehabilitation and development services, announces the closing of a $38.5 million multifamily housing transaction in Oklahoma.
Greystone, a real estate lending, investment and advisory company, announced it has provided a $17 million Fannie Mae DUS loan to exit construction financing for 152 Manhattan Avenue in Williamsburg, Brooklyn. The transaction was originated by Avrom Forman, Managing Director at Greystone.
LIVEbe, a premier apartment developer and operator dedicated to delivering distinct apartment homes within connected communities, today announced that all three LIVEbe-managed apartment communities have received individual 2017 SatisFacts Resident Satisfaction Awards.
ROSS Management Services, a leader in multifamily property management in the Mid-Atlantic region, today announced that 11 ROSS-managed communities have received individual 2017 SatisFacts Resident Satisfaction Awards, having achieved an average score of at least 4 on their resident satisfaction surveys last year.
RIVERGATE KW RESIDENTIAL-Managed ArtSquare Lands Orangetheory Fitness as Commercial Tenant
Greystone, a lending, investment and advisory company, announced it has provided a $1 million Freddie Mac small balance loan to refinance Huron River Apartments in Rockwood, MI. The transaction was handled by Cary Belovicz, an executive managing director of Greystone Bel Real Estate Advisors and John Marr, a managing director of Greystone.