KeyBank secures $30 million loan for El Paso apartment complex May 13, 2021
KeyBank Real Estate Capital (KBREC) secured $30 million of fixed-rate Freddie Mac financing for a real estate private-equity investment firm based in New England to acquire a multifamily housing property in El Paso, Texas.
Built in 2009, Bungalows at North Hills is a 342-unit garden-style apartment complex that consists of 42 two-story apartment buildings on 18 acres of land. Units are available in studio, one-, two-, three- and four-bedrooms floor plans. Amenities include a clubhouse, fitness center, swimming pool and courtyards with barbeque grills.
The loan is structured with a five-year term, and subsequent to a one-year interest-only period, amortizes on a 30-year schedule.
Posted: May 03, 2021 4:00 AM ET | Last Updated: May 3
Riverside Natural Foods is one of several companies that say it pays off to offer employees paid sick leave. Based in the Toronto area, the company increased its paid sick leave to let workers A worker at one of Riverside Natural Foods Toronto area production facilities. (Evan Mitsui/CBC News)
With pleas to provide paid sick leave for essential workers growing louder in several parts of the country, some companies that already do so say it s not just good for protecting health it s good for the books. So the outcome is that it has actually paid off for us, said Nima Fotovat, the president of Ontario-based Riverside Natural Foods, which makes healthy snack foods, including the brand MadeGood.
For some workplaces, extending sick leave is the reasonable price of doing business.
Rural Manitoba churches try to make their case in court that pandemic restrictions contravene the Charter of Rights and Freedoms.
People drink coffee outside a shop in the Psiri district of Athens on Monday. Cafes and restaurants have reopened in Greece for sit-down service for the first time in nearly six months, as part of the easing of coronavirus-related restrictions.(Petros Giannakouris/The Associated Press)
Kenney fumes as Alberta s COVID-19 case rates remain high
Alberta Health Services has said, that effective Monday, testing for coronavirus variants will now be limited to: health-care workers, hospitalized and emergency room patients, patients involved in outbreaks and recent international travellers.
A “BRILLIANT idea” to turn a disused Netherton industrial site into a canal-side housing development has been given the green light. Members of Dudley Council’s development control committee granted outline planning permission to Jahama Estates for 93 houses to be built on the land off Marriott Street. The site previously was home to a factory but has lain empty for some time and, at a meeting on Wednesday (April 28), committee members said they welcomed the plans. Councillor Elaine Taylor said: “This lies on the border of my ward and something we have been waiting for for a long time. “Residents who live around this factory site have long wanted this to be redeveloped.