NEW YORK CITY—Kushner Companies, a diversified real estate organization headquartered here, experienced what it called a brisk first quarter, with $395.8 million in financing activities completed in the multifamily sector.

The activity involved more than 3,800 apartment units and nearly fifty buildings—affirming that 2015 is expected to be a strong year for financing in the multifamily space, said Kushner Companies' CEO Jared Kushner.

“Our financing activity for the first quarter of 2015 approached $400 million—all of that for multifamily properties, which we think speaks to both the strength of this asset class and our ability to execute on business plans to make improvements and build long term value at these properties,” says Kushner. “With a significant amount already in the pipeline for the coming months and the rest of this year, we're grateful to the diverse group of lenders that we work with on a daily basis.”

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.