The Promote Podcast Windy City Tailwinds & Stadium Arcadium
This week, we talk Chicago – America’s Second City is now becoming top of mind for national multifamily players. We break down 2 significant deals: LaTerra’s monster AIMCO portfolio buy and S2’s debut. We then slip into our jerseys and look at the arcane world of stadium development – and all the freebies and surrounding action that comes with it. Finally, we schlep the streets of Brooklyn, where Carlyle & Greenbrook have pulled off a massive Freddie refi of their walk-up empire.
Sponsor: This episode is supported by LoanBoss, the industry-leading debt management software. Featuring one-click covenant testing, instant cash flow forecasting, and our favorite nerdy delight: Live forward curves! Check them out at loanboss.com
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Further reading/listening:
Deconstructing Data Center Megadeals with DigitalBridge's Marc Ganzi (DB is being acquired by SoftBank)
Aimco to sell Chicago-area multifamily portfolio for $455 million as REIT liquidates
Chiefs Get Largest Public Funding Package Ever For New Stadium In Kansas
Freddie Walks Carlyle/Greenbrook Home
Chicago leads the nation in apartment rent growth amid tight supply