CINCINNATI, OH – Global real estate private equity and debt firm Asia Capital Real Estate (ACRE) has provided $68.5 million of floating-rate debt for the refinance of City Club Apartments – CCA CBD Cincinnati. The loan, which was underwritten with a LTV ratio of 63.4%, has a two-year term and two single-year extension options. The…
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When you need to file an insurance claim on your multifamily property, the benefits you receive will only be as good as the policy you purchased. While maintaining low monthly premiums might seem like the smartest business decision to protect your bottom line, the reality is, it could wind up costing you big in the…
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V-Shaped Housing Market Recovery in July 2020 Several indicators point to the quick recovery of the housing market from the pandemic slump during April and May. By: Scholastica (Gay) Cororaton
HIALEAH, FL – Walker & Dunlop, Inc. announced that it structured $67,211,400 in financing for the construction of Shoma Village Apartments, a Class A mixed-use property with 304 apartment units and 11,625 square feet of retail. Located in Hialeah, Florida, just 15 miles northwest of Miami, the local area is experiencing a significant uptick in…
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Having vacancies for too long can be bad for business, they can reduce cashflow, customer satisfaction, and employee morale. No matter how well you advertise or how well you maintain your customer relationships there will be turnover and vacancies. While it’s less than ideal, it’s not an impossible situation. Here are 5 strategies to reduce…
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Each of the four major regions attained double-digit, month-over-month increases, with the Northeast and West seeing the greatest sales growth.
ORLANDO, FL – Campus Advantage, an industry leader in student housing property management, consulting, and investment management, announced it has been selected by Nvision Development, an Orlando based, full service Real Estate Development Company, to perform the lease-up and management of Orlando s newest student housing development, Vale East. Located in Orlando, Florida, the 456-bed…
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As we move into “Budget Season” for the 2021 Property Management Budgets, I want to ask you all this question: “Are you settling for mediocrity”? The reason I ask is, I hear from a lot of clients that they “just aren’t interested in making a change at the present time”. Which, for all intents and…
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July 2020 Foot Traffic Report Home showings in July 2020 showed a strong rebound from the level in May, according to data from SentriLock®, LLC, a lockbox company. By: Brandon Hardin
STATESBORO, GA – XFD Real Estate Partners, a student housing real estate investment and property management firm, recently acquired Cottage Row, the largest off-campus student housing community in Statesboro. This acquisition is the largest student housing sale in the market to date. The 1,087-bed community is located 1.5 miles from Georgia Southern University at 17358…
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