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News:
Owners Developers & Managers
Posted: February 4, 2009
Porterfield of Arbor places $15.036 million loan for 435-unit complex
According to Arbor Commercial Funding, LLC, a $15.036 million loan was placed under the Fannie Mae DUS product line to finance the 435-unit complex known as Hidden Pointe Apartments. The 10-year loan amortizes on a 30-year schedule and carries a note rate of 6.18%. The loan was originated by Jay Porterfield, VP, in Arbor's full-service Plano, Tex. lending office.
MORE FROM Owners Developers & Managers
Heritage Properties celebrates preleasing of The Emery in Lowell
Lowell, MA According to Heritage Properties, The Emery – its newest multifamily community in downtown – is officially open for preleasing. Located at 218 Middlesex St., The Emery is at the corner of Middlesex and Pearl Sts. in the city’s JAM (Jackson/Appleton/Middlesex) urban renewal neighborhood zone.
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Columns and Thought Leadership
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch
On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala
Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and
Revitalized Town Centers: Retail??? - by Carol Todreas
It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains