Capital Markets

As the effective date draws closer, multifamily lenders and borrowers should get familiar with FHFA's updated radon sampling requirements.

The sellers of the eight net-leased retail properties were a New York City-based partnership led by Soly Halabi and Joseph Simhon.

High interest rates and low leverage mean shaky existing loans — and the banks that originally granted them.

The project, Wynwood 27 & 28 started construction in Q4 2021 and recently obtained its certificate of occupancy. At completion, the development will deliver 52,000 square feet of commercial office space, 33,000 square feet of ground-floor retail, 152 residential units and parking for 232 vehicles.

The partnership purchased 600 Columbus Ave. from its original developer and owner for $120 million.

The portfolio includes 12 assets with a total of more than 3,500 apartment units and 3.7 million rentable square feet across four states.