Marcus & Millichap: Even with dropping vacancies, Indy apartments a bargain
Expect vacancies to fall and construction to rise in Indianapolis' apartment market. But for renters, this Midwest market will remain a bargain.
multifamily
Walker & Dunlop playing key role in Freddie Mac affordable-housing program
Walker & Dunlop, Inc. has been approved as a seller/servicer under Freddie Mac's Affordable Single-Family Rental pilot program, which is intended to offer additional financing…
Redwood Living, RED Mortgage Capital celebrate milestone
Redwood Living and RED Mortgage Capital are celebrating a milestone in their relationship by surpassing $700 million in total financing.
Cleveland’s multifamily boom not slowing yet
The Cleveland-area multifamily sector continues to exceed expectations when it comes to vacancies, asking rents and plans for new apartment towers. Best of all? Two…
Rose Community Capital secures $16 million loan for Cleveland apartments
Rose Community Capital has secured a more than $16.1 million Section 221(d)4 Substantial Rehab loan for Fenway Manor, a 143-unit affordable housing project in Cleveland,…
Columbia Pacific Advisors provides $25 million for Cincinnati affordable housing
Columbia Pacific Advisors, LLC through its bridge-lending platform has provided Blue Tide Partners with $25 million in short-term first-mortgage debt primarily for the acquisition of…
SVP with NorthMarq Capital joins Aeon’s board
Martha Nevanen, senior vice president-Marketing Communications with Minneapolis’ NorthMarq Capital, has joined Aeon’s board of directors with four other new members.
CRE Hall of Fame profile: Colliers’ Ed Fleming
Each year, Midwest Real Estate News runs its Commercial Real Estate Hall of Fame edition. This year, we are also running these profiles online. Today,…
Flaherty & Collins celebrates grand-opening of $72 million development
Flaherty & Collins Properties and Port KC have announced that the grand-opening of Union Berkley Riverfront, a $72 million, mixed-use development along the Missouri River…
Arbor provides $10 million in funding for Michigan apartment building
Arbor Realty Trust, Inc. recently funded a bridge loan of more than $10.6 million for a 266-until multifamily property in Roseville, Michigan.