The data used in a story published on April 9, “HUD Funded Near-Record Volume of Multifamily Loans in Calendar 2020,” misrepresented origination volumes for certain HUD lenders The volume of HUD loans originated by Orix Real Estate...
Timberland Partners is looking to raise $50 million of equity commitments for a fund that would target apartment properties in secondary and tertiary markets in the Southeast and Midwest The fund would be the eighth for the Minneapolis investment...
Bouwinvest Real Estate Investors, a Dutch investment manager with $16 billion of assets under management, has made a $60 million commitment in Sabey Data Center Properties The company, which has $165 billion invested in North American commercial...
Commercial Real Estate Direct Staff Report Property sales volume totaled $967 billion for the first quarter, down 28 percent from the $1348 billion of volume recorded during the same period a year ago, according to Real Capital Analytics The volume...
New York Post A venture of Tribeca Investment Group, PGIM Real Estate and Meadow Partners is investing $350 million to renovate the 700,000-square-foot Textile Building in Manhattan Among the many changes to the mostly vacant building, at 295 Fifth...
WNC has raised $176 million of low-income housing tax credits, or LIHTCs, for its WNC Institutional Tax Credit Fund 50 LP, which will develop and renovate affordable housing in 16 targeted states Nine investors participated in the investment vehicle...
Multifamily rents increased by 08 percent in the first quarter when compared to the last three months of 2020, making it among the strongest first quarters in terms of rent growth in years, according to Yardi Matrix The increase comes as jobless...
Al Neyer, a Cincinnati developer, has raised $110 million of equity commitments for its first real estate investment fund, exceeding its $100 million target The vehicle, Al Neyer Industrial Fund I, is pursuing industrial projects primarily in and...
James Patchett, the former president and chief executive of the New York City Economic Development Corp, has been named chief executive of A&E Real Estate, an investor in New York multifamily properties He'll oversee a planned expansion of the...
The national hotel occupancy rate skyrocketed by nearly 2 percentage points for the week through April 10, to 597 percent, according to STR That’s the highest level of the year The sector has been on a weeks-long positive trend, in terms of...
