by Kipp Gillian | Aug 9, 2023 | Multifamily
Newmark has appointed John Ward as vice chairman of its Multifamily Capital Markets Group in New York. Ward will report to Sharon Karaffa, vice chairman and co-head of production for Multifamily Capital Markets. With over three decades in commercial real estate,...
by Kipp Gillian | Aug 9, 2023 | Multifamily
Boston multifamily market experiences robust demand in the second quarter, reflected in healthy occupancy rates and a growing unit inventory, according to Colliers Boston 23 Q2 Multifamily Report. Over the past year, occupied units increased by 5,000 (2.3%). ...
by Kipp Gillian | Aug 9, 2023 | Multifamily
3 Warren Street Realty Trust has sold a 15-unit multifamily property in Stoneham, Massachusetts, for $2.3 million. The property was acquired by a Massachusetts-based limited liability company. The name of the buyer was not disclosed. Located at 3 Warren St on a...
by Kipp Gillian | Aug 9, 2023 | Multifamily
M&T Realty Capital Corporation has provided a $2 million Freddie Mac Targeted Affordable Housing Tax-Exempt Loan for the preservation and rehabilitation of Bon Secours Apartments in Baltimore, MD. The 119-unit affordable housing property utilizes 4% Low-Income...
by Kipp Gillian | Aug 9, 2023 | Multifamily
Affinius Capital LLC, formerly Square Mile Capital Management and USAA Real Estate, has originated two loans totaling $162 million to refinance two student housing properties, the Accolade and Union on Broadway. The Accolade is a 226-unit, 597-bed student housing...
by Kipp Gillian | Aug 9, 2023 | Multifamily
Bradford Allen Investment Advisors (BAIA) closed on the purchase of The Henry, a mixed-use property at 4346 N. Honore Street in Chicago’s Ravenswood neighborhood. The five-story elevator building, completed in 2019 and located just near the Montrose Brown Line CTA...
