Walker & Dunlop, Bethesda, Md., structured $67.2 million in financing to construct Shoma Village Apartments, a Class A mixed-use property with 304 apartment units and 11,625 square feet of retail in Hialeah, Fla.
Category: News and Trends
CREW Network: CRE Industry Must Take Action for Gender Parity, Greater Diversity
Efforts to achieve gender parity in commercial real estate are far from complete–in fact, little progress has been made in the last five years, reported CREW Network, Lawrence, Kan.
‘Creative Placemaking’ Can Revitalize Communities, Boost Developer Returns
The Urban Land Institute, Washington D.C., said integrating the arts with good design can spark a creative culture in real estate projects, revitalize communities and boost financial and other return on investment measures for developers.
CBRE: Net-Lease Comprises Bigger Share of Much Lower CRE Investment
CBRE, Los Angeles, said net-lease investment fell significantly in the second quarter but comprised the highest share of total volume on record amid a sharp pandemic-related commercial real estate investment activity decline.
Go West, Young Mortgage Banker: 2020 Western States CREF Conference Recap
Last Wednesday kicked off the California Mortgage Bankers Association’s 23rd Annual Western States CREF, this year the conference was delivered as a two-day virtual experience on September 9 and 10.
CoreLogic: Single-Family Rents Stabilize
CoreLogic, Irvine, Calif., said single-family rent growth stabilized in July after seeing its slowest growth in a decade during June.
CoreLogic: Single-Family Rents Stabilize
CoreLogic, Irvine, Calif., said single-family rent growth stabilized in July after seeing its slowest growth in a decade during June. The CoreLogic Single-Family Rent Index found a national rent increase …
New Data Shows Decreasing Confidence in Commercial Real Estate Market
Mortgage Professional America, Sept. 14, 2020–Clay JarvisIn yet another example of COVID-19’s lingering impact on commercial real estate, LightBox’s most recent Market Confidence Index for the commercial sector found the …
Commercial/Multifamily Briefs Sept. 17, 2020
Exantas Capital Corp., New York, announced its newly formed subsidiaries, Exantas Capital Corp. 2020-RSO9 Ltd. and Exantas Capital Corp. 2020-RSO9 LLC will issue $245.8 million of non-recourse, floating-rate notes at a weighted-average cost of the one-month LIBOR plus 313 basis points.
Personnel News from Transwestern, Urban Land Institute
Transwestern, Houston, named Doug Prickett Senior Managing Director of Investments & Analytics.