Universe Holding has refinanced three of its Southern California multifamily assets with attractive, fixed-rate financing which will add approximately $100,000 a month in additional property cash flow. The three new separate, five-year, interest-only loans totaling $26.7 million originated by Lument, and Chase Bank, take out a combination of convertible and floating rate loans that have experienced significant interest rates...
Universe Holding has refinanced three of its Southern California multifamily assets with attractive, fixed-rate financing which will add approximately $100,000 a month in additional property cash flow. The three new separate, five-year, interest-only loans totaling $26.7 million originated by Lument, and Chase Bank, take out a combination of convertible and floating rate loans that have experienced significant interest rates...
RKW RESIDENTIAL Expands in St. Louis with New Assignments, Addition of Regional Manager Premier multifamily management firm awarded Chroma-branded communities, welcomes Naomi Tyler to growing team RKW Residential, one of the nation’s fastest-growing multifamily management firms, strengthened its portfolio and team in the St. Louis market. The firm was retained to oversee management and leasing of two Chroma-branded communities...
Metro-Atlanta-based multifamily real estate firm Stonemark Management has added Fifteen12 at Bryan Apartments in Bryan, Texas to its management portfolio. “We’re excited to add this great community to the growing number of assets we’re now managing in Texas,” said Stonemark Management President Walt Lamperski. “This is a great community in a great market.” Designed to appeal to professionals, students and...
Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the start of preleasing at Modera Woodstock, a mixed-use apartment community in southeast Portland. The podium-style community, which features 194 homes and 6,500 square feet of ground-floor retail space, is located along Woodstock Boulevard approximately six miles southeast of...
