Month: May 2020

Turner Impact Capital Helps Address Dallas-Area Affordability Crisis with Acquisition of 312-Unit Workforce Housing Community

IRVING, TX – Turner Impact Capital, one of the nation’s largest real estate investment firms dedicated to social impact, has acquired a multifamily housing community near Dallas – bringing the firm’s total acquired housing units to more than 10,000 and current portfolio to 9,363 units. The 312-unit Bridgeport Apartments in Irving, TX was acquired in…
Read more

Hunt Real Estate Capital Provides $71.3 Million Loan to Refinance 356-Unit Multifamily Community in North Miami Beach, Florida

MIAMI, FL – Hunt Real Estate Capital announced that it has provided a $71.3 million Freddie Mac conventional loan via the pre-stabilization program to refinance a multifamily property located in North Miami Beach, Florida. Lazul Apartments is a 356-unit, Class-A, fully-amenitized, mid-rise apartment community situated on 2.57-acres of land. The property is comprised of an…
Read more

Unemployment Continues to Show Signs of Slowing

Millions of small businesses were able to benefit from the Paycheck Protection Program (PPP) and rehire their furloughed employees.

Navigating Coronavirus Issues Through Communication

Never has communication been more critical than during the current coronavirus pandemic.  The COVID-19 news coverage is alarming and conflicting for residents. That has created an opportunity for property managers to build trust and establish themselves as reliable, transparent and consistent sources of information.  We understand that no one wants to be the bearer of…
Read more

TSB Capital Advisors Arranges Financing for Innovative New 298-Unit Mixed-Use Development in Cleveland’s Ohio City

CLEVELAND, OH – TSB Capital Advisors, the national leader in student housing and multifamily real estate advisory services, successfully arranged financing of INTRO, Cleveland, a nine-story building with 298 market-rate apartments, nearly 40,000 square feet of retail and 340 parking spaces. Located in Cleveland s vibrant Ohio City neighborhood and across the street from the…
Read more

Commercial Economic Issues & Trends Forum

These slides were presented by NAR Chief Economist Lawrence Yun at the Commercial Economic Issues and Trends Forum during the 2020 REALTORS® Legislative Meetings, on Wednesday, May 13, 2020.

How To Best Follow-up with Rental Prospects During the Pandemic

The leasing process has undergone major changes since the coronavirus pandemic started and the tried and true rules of leasing have been upended.   Your prospects are likely no longer stopping by the leasing office or property. They are browsing your website at all hours of the day. Meeting your customers virtually and on their…
Read more

Residential Economic Issues and Trends Forum

These slides were presented by NAR Chief Economist Lawrence Yun at the Residential Economic Issues and Trends Forum during the 2020 REALTORS® Legislative Meetings, on Wednesday, May 13, 2020.

15M Jobs Potentially Saved by Paycheck Protection Program

The Paycheck Protection Program (PPP) is a program funded under the $2.2 trillion CARES Act to provide a direct incentive for small businesses to keep their workers on the payroll.

37th Parallel Properties Acquires Three-Property Multifamily Portfolio in Target Texas Markets of Austin and San Antonio

RICHMOND, VA – 37th Parallel Properties Investment Group announced the acquisition of a three-property portfolio in Austin and San Antonio, Texas on behalf of their investors and family office partner. The acquisition marks the firm’s reentry into the Austin market, a target investment market for 37thParallel, ranked as the “#1 Place to Live” by US…
Read more