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Rockport Mortgage Corp. closed a $24-million FHA loan for the. Verona Senior Citizens Apartments in Verona and $27 million in FHA financing for Mansion Apartments in Pine Hill.
The plan calls for enacting 0.75% and 2% utility energy efficiency standards for natural gas and electricity, respectively, improving energy efficiency programs, adopting new clean energy and energy efficiency financing mechanisms and strengthening building and energy codes and appliance standards.
A primary driver for Ridge's investment in Sterling Pointe is the consistently healthy Sacramento housing, a result of positive job growth fundamentals coupled with very low delivery of new housing inventory this cycle.
The power of influence is vast, and influencers yield such clout that they are able to effect change through direct and, more often than not, indirect action. The impact of the following net lease influencers is recognizable and significant.
According to the 2020 CRE Innovation Report by Altus Group, a majority of CRE leaders now fully recognize the disruptive impact of PropTech, illustrating that many advanced technologies can potentially solve current challenges.