EXCLUSIVE: Midtown Mixed-Use High-Rise, One Of Several Multifamily Developments Underway, To Hit Highest Point This Week
In one recent assignment, Dekel Capital sourced 90% LTC non-recourse financing (Freddie Floating Rate Loan + Pref Equity) at a sub-6.0% blended rate, non-recourse and fixed for 5 years, for the acquisition of a 300-unit value-add multifamily deal on an underperforming class-B multifamily asset in Southern Florida.
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Louis Birdman is currently the Co-Developer of One Thousand Museum by Zaha Hadid Architects, a 62-story, ultra-luxury high-rise condominium Tower in Miami, FL with 83 half-floor and full-floor residences.
San Jose becomes a ‘city of churn’ as high-earners move in and residents look to lower-cost markets. San Jose is simultaneously one of the nation’s most sought cities. Oakland will soon have the tallest prefab modular high-rise apartment. Another tower could join the forest of new skyscrapers in San. What is one thing millennials want in an office that their parents..
The Daily News – Located on Union Avenue, the fate of the historic nineteenth century club has been tenuous and at one point, demolition seemed inevitable. Thanks to a new owner, renovation plans are now underway and call for an upscale restaurant and event rental space.
This month, Equus acquired the VF Outlet Center at 801 Hill Ave. in the suburbs of Philadelphia. Following the acquisition, Equus announced a $70 million redevelopment plan to transform the more than 1 million-square-foot site into a walkable mixed-use campus featuring office, retail and restaurants.
Built Raises $21m in Series A Funding |FinSMEs The company intends to use the funding to continue to expand globally, invest in technology, and provide liquidity for employees and early investors. Launched in November 2008 by ceo andrew mason,Philadelphia’s most expensive condo: Step inside – Philadelphia Business Journal Full Steam Ahead for Vancouver Waterfront Project New Round House Theatre Season Includes Two Tony Winners The partnership of the Nederlander Organization and Civic Center Foundation, okc broadway revealed thursday the lineup for its third season, which also will include multiple titles by legendary.Construction Lenders Navigate Risks Amid Uncertainties | GlobeSt Even as post-crisis regulations reduced risks in the banking system, investment funds piled into higher yielding bonds that can be difficult to sell quickly. Natixis-backed H20 Asset Management became the third major european fund manager to face market turmoil in less than a year amid questions about the liquidity of its investments."SunTrust to take its senior housing business national suntrust to take its senior housing business national. – The Atlanta bank has financed construction and other activities tied to nursing homes and related facilities mainly in its East Coast markets. It says the timing is good to tap into demand elsewhere in the country.Then came the mayor’s announcement, in his State of the City address in February, that the city would go full steam ahead with the 16-mile trolley. housing in his huge Domino Sugar Factory multiuse. · We surprise people when we mention that Dîner en Blanc Philadelphia is an entirely volunteer-run organization, from the co-hosts to the group leaders, table hosts and on-site coordinators. This event was planned and executed by individuals who are committed to bringing a unique and special event to the City of Philadelphia.
They would be robust new residential, retail and office developments. “The District Detroit will be one of the most unique and exciting places in the country to live,” said Ilitch, scion of the.
New Haven Multifamily Property For Sale. 15 unit mixed use building in New Haven Connecticut. At $2M, the Cap Rate is about 6% with an upside potential remaining. There is no mortgage on the property.
These were the top outer-borough real estate loans in December A zombie bank is a financial institution that has an economic net worth less than zero but continues to operate because its ability to repay its debts is shored up by implicit or explicit government credit support. The term was first used by Edward Kane in 1987 to explain the dangers of tolerating a large number of insolvent savings and loan associations and applied to the emerging Japanese.
In the coming years, the low-rise, low-density, gated community will be rebuilt to be a LEED certified, transit-oriented, mixed income, mixed-use development built in several phases with minimal disruption to existing tenants-one that reflects the changes in the neighborhood, the city and best housing practices that have evolved over the past.
Transactions & Financings: Brookdale’s $75 Million Purchase, StoneGate Buys Eight Properties – Senior Housing News T R O U B L E D C O M P A N Y R E P O R T E R Wednesday, August 19, 2009, Vol. 13, No. 229 Headlines 1031 tax group: wachovia, et al., Settlements Fund Ch. 11 Plan ACCREDITED HOME
Immediately north of downtown in the 10.6 million sq. ft. Midtown market, a 5% vacancy rate is indicative of an utter lack of speculative office space development for several years.