Sentences with phrase «new multifamily buildings»

Not exact matches

WASHINGTON, D.C. (October 10, 2013)-- In 2012, 2,803 different multifamily lenders provided a total of $ 146.1 billion in new mortgages for apartment buildings with five or more units, according to a report from the Mortgage Bankers Association (MBA).
We have 6,000 types of [multifamily] units being built in the New York metro region now.
-- «Wells Fargo Lent $ 502M for Rockpoint and Brooksville's Starrett City Acquisition,» by Commercial Observer's Mack Burke: «Wells Fargo Multifamily Capital provided Boston - based Rockpoint Group and Brooksville Company with a $ 502 million Fannie Mae loan to facilitate the duo's $ 905 million purchase of the 46 - building Starrett City complex in East New York, which closed on May 4, according to records filed Friday with the New York City Department of Finance.
HCR is committed to collaborating with partners, and keeping homes affordable and communities strong by protecting one million rent - regulated units, managing a portfolio of more than 190,000 multifamily units and administering more than $ 1.5 billion each year to expand affordable housing opportunities and build strong communities throughout New York State.
New apartment buildings can actually improve our pricing power and investment returns as multifamily developers occasionally purchase mobile home parks only to demolish and build luxury apartments.
New York Passive House has published a great free guide to certification of multifamily Passive House buildings.
Due to the expense of submetering and market expectations, owners of multifamily rental buildings in New York usually pay for heating their tenant's apartments in addition to the common areas.
The annual competition supports President Obama's broader Better Buildings Initiative goal to reduce energy consumption in commercial, multifamily, public, and industrial buildings across the U.S. by at least 20 percent in the next ten years and encourages college students to come up with new, innovative ways that American families and businesses can save energy aBuildings Initiative goal to reduce energy consumption in commercial, multifamily, public, and industrial buildings across the U.S. by at least 20 percent in the next ten years and encourages college students to come up with new, innovative ways that American families and businesses can save energy abuildings across the U.S. by at least 20 percent in the next ten years and encourages college students to come up with new, innovative ways that American families and businesses can save energy and money.
Our new report, Our Powers Combined: Energy Efficiency and Solar in Affordable Multifamily Buildings, shows how building owners are combining energy efficiency upgrades and rooftop solar systems to reduce energy use and lower their energy bills.
We look forward to working with the utilities and the State of New York to meet the targets through the inclusion of multifamily buildings where a large portion of low income New Yorkers reside, and where efficiency can help create safe and affordable housing.»
A new, $ 2.2 million mortgage for a 26 - unit multifamily building with two commercial units totaling 3,200 sq. ft. on Raritan Avenue in Highland Park, N.J..
«Developers are looking at green buildings as the new standard,» says Jamie Woodwell, senior director of commercial and multifamily research at the Mortgage Bankers Association.
Thus most new multifamily development built over the past year has fallen into the luxury bucket.
A new, $ 6.5 million mortgage for the purchase of a 66 - unit multifamily building on Union Street in Hackensack, N.J., which was negotiated by Elliot Treitel.
With services including sales of multifamily buildings and development sites, they sold more than $ 1.2 billion in commercial and rental properties across the Lower Mainland and British Columbia, including North Vancouver, Burnaby, New Westminster and Victoria.
For property managers and owners of multifamily buildings, here are some questions to ask inspectors, risk assessors, and abatement contractors you may consider hiring to make sure your property complies with new lead - based paint regulations, according to Ellen Tohn, a consultant to the National Center for Lead - Based Housing and an adviser to the Alliance to End Childhood Lead Poisoning:
Livingston, NJ — Mark Scott's Commercial Mortgage Capital (CMC), a leader in real estate finance that arranges permanent, construction and mezzanine loans for a wide range of commercial properties including multifamily, office, retail, industrial and healthcare facilities primarily in New York, New Jersey and Connecticut, announced that it recently closed a three - year, $ 23 - million loan construction loan for a four - building luxury apartment complex located in Bordentown, NJ.
NEW YORK CITY — Pembrook Capital Management LLC (Pembrook), a commercial real estate investment manager that provides financing throughout the capital structure including first mortgages, mezzanine, bridge loans, note financings, and preferred equity for most property types, as well as tax - exempt bond financing for the acquisition, construction and rehabilitation of multifamily housing, announced the closing of a $ 7.5 million preferred equity transaction that will be used to facilitate the construction of Lincoln Park, a Brooklyn, NY development consisting of two Class A, multi-family apartment buildings, totaling 133 units.
«This feature is being released as a package of new theme - based searches available on the all - new coreassets.ca including «multifamily», «fixeruppers», «renovated properties» and «new build» search buttons.»
NEW YORK — An affiliate of East River Partners LLC has received a senior loan from PCCP LLC to acquire and renovate three multifamily buildings located at 272, 274 and 276 West 86th Street on the Upper West Side of Manhattan.
Developers planning new apartment buildings today won't finish for two years or more in many parts of the country — when hundreds of thousands of apartments now under construction will have already softened the national multifamily...
A 2014 study by Urban Land Institute's Multifamily Housing Councils division, evaluating market performance and market acceptance of micro-housing, showed that newly - built micro-housing had higher occupancy rates and achieved higher effective rents for new leases.
Multifamily developers build tens of thousands of new apartments every year reserved for people with low incomes, using subsidies from government programs like the federal low - income housing tax credit (LIHTC), the largest affordable housing...
NAR is seeking federal legislation that would spur development of multifamily properties and other housing opportunities through programs giving builders, developers, and investors the incentives not only to build new homes but also to renovate housing within existing infrastructures.
These are the types of households that are being squeezed by rising rents today, as the majority of new multifamily supply coming on the market consists of class - A apartment buildings.
Also, Investors Bank provided an interest - only line of credit that will be used to construct a large, multifamily building in New Jersey.
Primarily, Investors Bank is financing multifamily housing and mixed - use buildings in New York City and New Jersey as well as Connecticut, Pennsylvania and Delaware.
Among them: A rise in «guest - like» services in multifamily buildings, celebrity - branded timeshares, a major consolidation of REITs, and a wave of new construction technologies that will drastically reduce the time required to build.
NEW YORK CITY — Avanath Capital Management, in partnership with Oak Tree Management, has acquired three affordable multifamily buildings in Brooklyn.
KeyBank is one of the nation's leading providers of commercial and multifamily real estate finance, with a focus on building long - term relationships with new ideas and innovative thinking and certainty to close.
A few years ago, building efficiencies were not top of the list for clients who sought new designs for multifamily dwellings.
Fewer new detached homes will be built in Toronto and multifamily construction will actually make up more than half of new homes constructed there in 2017.
Finally, a new HUD survey reveals that there are 2.25 million multifamily rental properties in the U.S. Of this total, 1.64 million consist of a single building, but almost 100,000 consist of 20 or more buildings.
Examples of recent published deals include the purchase of the Brill building in New York by Halman Aldubi in a deal worth $ 310 million; the purchase of two multifamily portfolios in Atlanta and Texas by Psagot Investment House for $ 182 million; and the purchase of three multifamily portfolios in North Carolina by Migdal Insurance for $ 167 million.
Blog about real estate developments in your area, such as new neighborhoods being built, multifamily projects, etc..
Multifamily developers build tens of thousands of new apartments every year reserved for people with low incomes, using subsidies from government programs like the federal low - income housing tax credit (LIHTC), the...
Land is often available to build new multifamily, and construction costs can sometimes be less than in busy urban markets.
Issuance of new building permits, which can be an indicator of future building activity, edged down one percent to a rate of 803,000 units in August following a surge in the previous month, with single - family permits holding virtually unchanged at 512,000 units and multifamily permits down 3.0 percent to 291,000 units.
Last year, construction began on less than 1 million new residential units, and about one in three of those was a rental in a multifamily building, according to Census data.
NEW YORK — A portfolio of six multifamily buildings in Brooklyn's Bedford — Stuyvesant neighborhood was sold in an all - cash transaction valued at $ 7.325 million.
NEW JERSEY — Meridian Capital Group L.L.C. negotiated $ 49.95 million in permanent financing for the Harrison Station multifamily building located in Harrison, N.J. on behalf of Harrison Building 1 Urban Renewal L.L.C., a joint venture between Ironstate Holdings and The Pegasubuilding located in Harrison, N.J. on behalf of Harrison Building 1 Urban Renewal L.L.C., a joint venture between Ironstate Holdings and The PegasuBuilding 1 Urban Renewal L.L.C., a joint venture between Ironstate Holdings and The Pegasus Group.
NEW YORK — A multifamily building at 345 West 84th Street, located between Riverside Drive and West End Avenue in the West End Historic District on Manhattan's Upper West Side, was sold in an all - cash transaction valued...
Meridian negotiated a new mortgage of $ 3.75 million on a 59 - unit, six - story multifamily building located on 65th Street in Brooklyn, N.Y..
Panelists concluded that multifamily rents are expected to dip with an uptick in vacancy which will occur as new units are absorbed into the market, particularly in neighborhoods that have been built up in the most recent cycle.
According to Census Bureau data of multifamily completions, the share of new multifamily units in buildings with 50 or more units reached a data series high of 48 % during 2014.
Meridian negotiated a new mortgage of $ 11.5 million on a 79 - unit, six - story multifamily building located on East Hartsdale Avenue in Hartsdale, N.Y..
Meridian negotiated a new mortgage of $ 3.15 million on a 26 - unit, eight - story multifamily building located on Frederick Douglass Boulevard in New Yonew mortgage of $ 3.15 million on a 26 - unit, eight - story multifamily building located on Frederick Douglass Boulevard in New YoNew York.
Many of the markets where developers have been doubling down on building new apartment units are likely to have enough renters to fill those apartments over the next decade or so, according to the latest research commissioned by the National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA).
On the other hand, the multifamily built - for - rent (94 percent of multifamily construction) submarket reached new market share highs as the condo market continues to lag.
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