Multifamily

Sioux City is open to helping induce a compelling redevelopment via the use of incentives if proven needed, city officials state.

If investors stop investing, deals will not get done, or they will get done at a much slower pace.

While there is still deal activity in some sectors, long-term success will, at least partially, depend on the CARES Act money working through the system.

"We'll have to make difficult decisions on city spending, the likes of which have never before been needed," Philadelphia Mayor Jim Kenney said.

"It will take several years for vacancy rates to fall back to their pre-crisis levels."

In the near term, the development team will come up with a sustainable, viable program for Mare Island that is tailored to Vallejo's location, culture and character, and updated for the 21st Century.

Patten East represents a value-add opportunity in one of the fastest growing rental markets in Austin, according to Mesa West Capital, which provided Wildhorn Capital with $33.5 million in short-term first mortgage debt.

At closing, agencies were changing terms with borrowers, incorporating 12 months reserves for debt service, taxes and insurance but Greysteel was able to close before those restrictions were placed on the transaction.