News
Understanding Apartment Property Management Challenges
Owning an apartment complex guarantees a myriad of challenges that can put pressure on occupancy, operations and asset value. With this in mind, JLL’s “Top Five Risks to Multifamily Property Management” lists what owner-operator-managers face and how to mitigate the threats. #1 – Rental Fraud and Security Breaches While technology has helped streamline multifamily operations,...
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People and Companies News for Week Ending December 12, 2025
QuadReal Property Group has announced several board changes, with longtime Chair Thomas Garbutt stepping down after nearly a decade. He will be succeeded, effective January 1, by Scott Hutcheson, who joined the board in 2023 and has extensive executive and governance experience. The company also confirmed the retirements of directors Rita Achrekar and Lorne Braithwaite,...
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Greystone Arranges HUD-Insured Loan for East Harlem Apartments
Greystone has provided a $97,600,000 HUD-insured loan to refinance Villa Hermosa Apartments, a 272-unit multifamily property in East Harlem. The financing was originated by senior managing director Eric Rosenstock and EVP Jeff Englund of Greystone, on behalf of Metropolitan Realty Group. Built in 1910, Villa Hermosa Apartments in New York County consists of three mid-rise,...
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MassHousing Closes on Financing for Fall River Affordable Property
MassHousing has closed on $4.9 million in financing for the acquisition and extension of affordability for 28 years for senior citizens and disabled residents living at the 30-unit St. Mathieu’s Apartments in Fall River. St Mathieus Preservation LLC, a joint venture between Aedera Companies and SHIFT Capital, acquired the property with financing through MassHousing’s Multifamily Accelerated Processing (MAP)/Ginnie Mae Joint...
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Boston Lawmakers Consider Eliminating Residential Parking Requirements
Boston city councilors are considering eliminating all parking requirements for residential developments in the latest step toward affordability, reported the Boston Business Journal. To date, more than 100 cities nationwide have already eliminated parking requirements for new development. The city has already taken steps to reduce parking requirements. It reduced parking requirements for affordable housing in 2021...
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Newsom Announces $865M Funding for Affordable Housing, Transit Projects
California Gov. Gavin Newsom on Thursday announced more than $865 million in new investments to build affordable housing, expand transit, and protect communities from climate change. The awards include funding for 39 new affordable housing projects in 21 communities across the state and major sustainable transportation upgrades, with $185.6 million going to Los Angeles County...
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Blackstone, La Caisse Obtain $3.15B Refi on StuyTown/Peter Cooper Village
Blackstone has obtained a $3.15-billion refinancing for Stuyvesant Town/Peter Cooper Village, the 11,241-unit apartment complex on Manhattan’s Lower East Side. Crain’s New York Business reported that Wells Fargo originated the mortgage, which replaces a $2.7-billion Fannie Mae financing Blackstone and co-owner La Caisse took out in 2015 and which matures this month. The two asset...
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Oregon Senior Living Development Lands $26M in C-PACE Financing
PACE Loan Group provided Mosaic with $25.6 million in C-PACE financing for Cedarbrook Senior Living, an assisted living and memory care facility located in Tigard, Oregon. In addition to the C-PACE, the project’s $83.7 million capital stack includes a $41.6 million construction loan and mini-perm mortgage with Columbia Credit Union. This is the largest C-PACE...
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout