Scaling to Count Billions - Canva Engineering Blog
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Top News In Chris Hew Today - Breaking & Trending Today
Donohoe Lands $75M Construction Loan For Dual-Branded Reston Town Center Hotel
The financing was provided by Artemis Real Estate Partners and arranged by JLL.
Source: bisnow.com
KABR continues strategy in Connecticut with $41.3M multi-housing buy
KABR Group expanded its portfolio in Connecticut, with the acquisition of two boutique multi-housing communities in Stamford for $41.3 million
Source: njbiz.com
KABR Group purchases luxury Connecticut communities for $41.3M
JLL Capital Markets, on behalf of KABR Group, announced the purchase of 750 Summer St. and 163 Franklin St., two boutique, mid-rise, luxury multi-housing communities in Stamford, Connecticut, totaling 116 units for $41.3 million. Formerly known as The Verano and The Moderne, respectively, both are expected to receive significant upgrades to the...
Source: rew-online.com
This Week's Chicago Deal Sheet (May 5, 2021)
Delinquent rent in Chicago could now exceed $1B, according to a survey released last week by the Neighborhood Building Owners Alliance, a group of small and midsized Chicago landlords. The high level of delinquency brought about by the coronavirus pandemic is leading to neighborhood disinvestment. With their revenue plunging to historic lows, 65% of landlords surveyed said they expect to make fewer capital improvements. In addition, nearly half expect to cut down on repairs and maintenance. “With so much delinquent rent, many housing providers lack the funds to continue to maintain their p...
Source: bisnow.com