BETHESDA, Md., Nov. 2, 2018 /PRNewswire/ — Walker & Dunlop, Inc. announced today that it arranged construction financing in the amount of $153,750,000 for Rise Koreatown, a seven-story, Class A multifamily property located just off iconic Wilshire Boulevard in Los Angeles, California. The project is being developed by repeat-client Rescore Property Corp., a private real […]
LONDON, November 2, 2018 /PRNewswire/ — The investment structures of the international businesswoman Elena Baturina announce the launch of sales for Symbol, a high-end residential development in Limassol, Cyprus, with the Giovanni Group real estate agency in charge of the project’s marketing. As was previously announced, the overall investment into the development will amount to […]
MRC Adds 476-Seat School Space, Modifies Unit Mix, and Reduces Building Heights NEW YORK, Nov. 2, 2018 /PRNewswire/ — Madison Realty Capital (MRC) secured City Council approval today for its plans for the mixed-use development at 69-02 Queens Boulevard in Woodside, Queens. The development, to be developed under the City’s Mandatory Inclusionary Housing (MIH) rules […]
Building on its Recent Success, Trumark Urban Eyes New Development Opportunities in San Francisco and Los Angeles SAN FRANCISCO, Nov. 2, 2018 /PRNewswire/ — Trumark Urban, a real estate development company with an exemplary track record of creating mixed-use, residentially-centric development projects, today announced that it has elevated company executive Kim Diamond to serve as […]
WASHINGTON, Nov. 1, 2018 /PRNewswire/ — As the country heads into the final days of the midterm elections, the National Association of Realtors® kicks off its annual conference in Boston today with a focus on education and opportunity. This year marks the first time Boston has played host to an NAR conference. The conference, themed […]
Smaby’s service to real estate industry celebrated as he takes reigns as NAR next President BOSTON, Nov. 1, 2018 /PRNewswire/ — With Edina, Minnesota, native John Smaby set to become the National Association of Realtors®’ 111th President, Minnesota Governor Mark Dayton proclaimed today, November 1, 2018, as “John Smaby Day.” Smaby began his Minnesota real […]
Kelly Rushin Lewis Named National Housing Industry Team Leader BIRMINGHAM, Ala., Nov. 1, 2018 /PRNewswire/ — Jones Walker LLP announced today the expansion of its housing industry team with the addition of all of the members of the boutique law firm Liles & Rushin, LLC. Effective November 19, 2018, two new partners, Kelly Rushin Lewis […]
DALLAS, Oct. 31, 2018 /PRNewswire/ — Ashford Hospitality Trust, Inc. (NYSE: AHT) (“Ashford Trust” or the “Company”) announced today that it has completed the previously announced acquisition of La Posada de Santa Fe (“La Posada”) located in Santa Fe, New Mexico, for total consideration of $50 million. This acquisition is the second transaction to benefit […]
173-room hotel uses innovative C-PACE financing for energy, lighting and water systems ROCHESTER, Minn. and SAUSALITO, Calif., Oct. 31, 2018 /PRNewswire/ — CleanFund, the leading nationwide provider of Commercial Property Assessed Clean Energy (C-PACE) financing, announced today closing $2.5 million in C-PACE funding for a 178-room Hotel Indigo at 220 S. Broadway in downtown Rochester, […]
MRC closing wide span of financing and note purchase transactions nationwide NEW YORK, Oct. 31, 2018 /PRNewswire/ — Madison Realty Capital (MRC) closed over $700 million in financing and note purchase deals in the third quarter of 2018, comprised of 15 financing and note purchases ranging in size from $5,000,000 to $258,000,000 for value-add multifamily, […]