PNC ARCS provides $4.257m loan for 208-unit multifamily prop. in Texas

PNC ARCS closed a $4.257 million loan for the Forest Ridge Apartments I & II, a 208-unit multifamily property. Built in 1976, Forest Ridge Apartments consist of two adjacent complexes on a total of six acres. The loan was for a 15-year term/30-year amortization at a fixed rate of 6.39%. The loan will be repaid interest only for the first two years. The loan was originated by PNC ARCS' Dallas office through Fannie Mae.

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LaSalle Investment Management and Camber Real Estate acquire three-property industrial portfolio

Long Island, NY In a joint venture partnership, LaSalle Investment Management (LaSalle) and Camber Real Estate Partners (Camber) acquired a three-property industrial

1411 Bdwy. caps leasing campaign following $100 million modernization

1411 Bdwy. caps leasing campaign following $100m modernization

CBRE sells Lexington Riverview for $14.9 million

Ariel Property Advisors arranges $7.5 million sale of 143-unit multifamily portfolio

Ariel arranges $7.5m sale of 143-unit multifamily portfolio

C&W report finds vacancy edges lower and positive absorption spreads across Tri-State industrial market

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