Fannie Mae Priced $392 Million Multifamily Social DUS REMIC (FNA 2022-M2S) Under Its GeMS Program
WASHINGTON, Nov. 3, 2022 /PRNewswire/ — Fannie Mae (OTCQB: FNMA) priced a $392 million Multifamily Social DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on October 27, 2022. FNA 2022-M2S marks the eighth Fannie Mae GeMS issuance of 2022. “We wrapped up October with the M2S, our second social GeMS of 2022,” said Dan Dresser, Senior Vice President, Multifamily […]
Meet the Sponsors Series – Two Dots
Henson Orser founded Two Dots, a venture-backed technology company dedicated to solving the problem of apartment leasing fraud using some of silicon valley’s most advanced AI, while bringing operational excellence to multifamily property managers along with it. He started his career working in banking at Goldman Sachs in New York. After a successful trading career, […]
Insight Property Group Acquires Colvin Woods Apartments in Reston, VA
WASHINGTON, Nov. 2, 2022 /PRNewswire/ — Insight Property Group, with partner AHC Inc, has announced its acquisition of Colvin Woods Apartments, a 259-unit community on Becontree Lake Drive in Reston, VA. The community will be re-branded as Haven Reston and, in partnership with Fairfax County Redevelopment and Housing Authority, the venture will preserve all 259 units for households earning between 60% and 80% of […]
Meet the Sponsors Series – Two Dots
Henson Orser founded Two Dots, a venture-backed technology company dedicated to solving the problem of apartment leasing fraud using some of silicon valley’s most advanced AI, while bringing operational excellence to multifamily property managers along with it. He started his career working in banking at Goldman Sachs in New York. After a successful trading career, […]
Servio Capital announces $40M acquisition of New Orleans’ California Building
NEW ORLEANS, Nov. 3, 2022 /PRNewswire/ — Servio Capital, a diversified real estate investment company with a management team of over 30 years of combined experience and innovation in the multifamily sector, is pleased to announce the $40M acquisition of New Orleans’ California Building, one of the oldest standing international style buildings in the city. This marks Servio Capital’s […]
Embrey Acquires Second Apartment Community in the Greater San Antonio Area
SAN ANTONIO , Nov. 2, 2022 /PRNewswire/ — A 252-unit multifamily property, Gardens at West in San Antonio, Texas, has been acquired by Embrey, a diversified real estate investment company. The property, built in 1995, will be rebranded to The Hayden on West Ave. The company’s nationally recognized and award-winning Embrey Management Services will take over property management. The […]