John Allen, Amli Co-Founder, Dies at 76
CHICAGO—John Allen, who helped build the company that would become Chicago-based apartment firm Amli Residential in 1980, died Sunday at his home in Chicago. He was 76. Allen, a former law firm partner, worked in real estate development for 25 years.
WASHINGTON, DC--The recapitalization with Beacon Capital Partners closed on Wednesday nights.
NEW YORK CITY—The appointee joins the firm’s multifamily finance team from Prudential Mortgage Capital Co.
NEW YORK CITY—The investor base for StepStone Real Estate Partners III includes institutions and high net worth individuals from across the globe, says real estate head Jeffrey Giller.
SAN DIEGO—Multifamily lenders need to keep an eye on income growth and factor it into their underwriting standards, in addition to being aware of decreasing affordability in the market, speakers at MBA’s CREF/Multifamily Housing Convention & Expo 2017 tell attendees.