✍ Smarter Design, Longer Impact

June 05, 2025

📈 Data Point 

$70M Loan Closed for Multifamily Deal in California

Top California Lender LLC has closed a $70 million loan to fund the acquisition of a major multifamily property in Atlanta, Georgia. The financing shows strong lender appetite for well-positioned multifamily assets, even in high-interest environments. Borrowers are focusing on properties with stable income and long-term upside.

🧭 Market Watch 

New York’s Gramercy Park Sees Continued Multifamily Activity

A multifamily building at 323 East 19th Street in Gramercy Park, Manhattan, was recently sold. The 8-unit asset offers long-term upside in a high-demand submarket. This area continues to attract both renters and investors due to its walkability and limited inventory.

🧾 Rule of the Day 

Absorption Rate

Absorption rate measures how fast available homes or rental units are being leased or sold in a specific market during a given time period. A high absorption rate indicates strong demand. A low rate may signal oversupply or weak interest.

Formula:

Units Leased ÷ Total Available Units × 100

🌱 Green Build

Smarter Design, Longer Impact

Quinn Residences is rethinking construction for long-term sustainability. Their approach focuses on three things: energy-efficient materials, designs that lower utility use, and smart layouts that reduce waste. These small changes add up to big cost savings over time—for both operators and tenants. Know more.

🏘 Deal Radar 

St.Louis, MO

Nestled in Oaksville Missuori, this property is a stable asset with proven operating performance. It was built in 2010 and has two-bedroom apartments with one or two baths.

New York, NY

This 12-unit Upper West Side residential building also includes a basement and a commercial space. Nine of these units were fully renovated recently.

Brookfield, CT

The 20 units, out of which 17 are one-bedroom and 3 are two-bedroom, were renovated in 2024. It also has approvals for 14 additional units, a pool, poolhouse, and gym.

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