ZOM

MultiHousing News | July 03, 2018

ZOM Living, in a joint venture with affiliates of Daiwa House Texas Inc. and Itochu Corp., has begun construction on ATELIER, a 364-unit mixed-use luxury community in Dallas. Balfour Beatty serves as general contractor, while Fifth Third Bank and SunTrust Bank provided construction financing. Stantec is the designer of the building and ZRS Management provides leasing and property management services. Located at 901 N. Pearl St. in the Arts District, between uptown and downtown, ATELIER is within...

Royal Bank of Scotland | January 29, 2019

Continuing a fight that stretches all the way back to 2014, the state of New York is set to give its cities millions more in funding to address the glut of “zombie homes” that still blight many communities throughout the state. Back in 2016, the state of New York enacted “sweeping” new laws aimed at addressing the state’s issues with zombie homes, homes that become vacant and abandoned during the state’s lengthy foreclosure proceedings. Then, on several differ...

New York Department of Financial Services | January 21, 2019

SN Servicing must pay a six-figure fine for failing to maintain a pair of vacant homes in New York, the state’s financial regulator announced last week. Back in 2016, the state of New York enacted “sweeping” new laws aimed at reforming the state’s foreclosure process and addressing the state’s issues with zombie homes. Under the laws, lenders and mortgage servicers are required to report vacant and abandoned properties to the state and are required to maintain prope...

Bisnow LLC | January 16, 2020

Invesco Real Estate recently acquired Bravern Office Commons, which is fully leased to Microsoft, for $585M. The complex includes 305K SF of retail occupied by Jimmy Choo, Louis Vuitton and others, and a seven-level subterranean parking garage with 3,134 stalls. Two residential towers include 455 units. NKF’s co-Head of U.S. Capital Markets Kevin Shannon, Vice Chairman Nick Kucha, Senior Managing Director Michael Moll, Executive Managing Directors Ken White, Rob Hannan and Tim O’Keef...