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Bertram Partners Lands $72M Refi for CA Properties
News 2 days ago
Bertram Partners Lands $72M Refi for CA Properties

The Freddie Mac loan, arranged by HFF, will be used to refinance the existing debt on Continental Gardens, Stuart Drive and Rose Garden. Bertram...

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JV Acquires 332-Unit Luxury Community in Northwest Austin
News 2 days ago
JV Acquires 332-Unit Luxury Community in Northwest Austin

A Los Angeles-based company and one from Phoenix, Ariz., joined forces to acquire the 332-unit Muir Lake Apartments, marking their fifth...

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Indianapolis’ Demand Keeps Up With Supply
News 2 days ago
Indianapolis’ Demand Keeps Up With Supply

Indianapolis’ Demand Keeps Up With Supply Multifamily demand is strong in the metro, where favorable employment and demographic trends are putting...

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Microsoft Commits $500M to Affordable Housing in Seattle
News 2 days ago
Microsoft Commits $500M to Affordable Housing in Seattle

The software giant proposes a combination of loans and grants to help expand the Puget Sound region’s inventory of affordable housing. One of the...

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How Coworking Plays a Role in Asset Valuation
News 2 days ago
How Coworking Plays a Role in Asset Valuation

A CBRE analysis sampled recent office building sales around the nation to offer insights into the influence flexible workspace can have on cap...

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North FL Community Changes Hands
News 2 days ago
North FL Community Changes Hands

The 96-unit multifamily asset, completed in 1963, traded for $6 million, more than doubling the seller’s return in two years. A private investor...

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Roseland Residential Trust Sells NJ Community
News 2 days ago
Roseland Residential Trust Sells NJ Community

The two-building Park Square Apartments in Rahway, featuring 159 units and 6,000 square feet of ground-floor retail space, previously changed hands...

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Industry Veteran to Co-Lead Carolinas Greysteel Office
News 2 days ago
Industry Veteran to Co-Lead Carolinas Greysteel Office

Michael Hahir will join Ari Firoozabadi in managing the firm’s Southeast expansion. He will be based in Charlotte, where Greysteel launched its...

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Manhattan Residential Conversion Project Lands $132M Financing
News 2 days ago
Manhattan Residential Conversion Project Lands $132M Financing

The Moinian Group is transforming a former office building in the Battery Park neighborhood into a 345-unit amenity-rich community catering to...

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Related Cos. Receives $50M Refi for Affordable MA Asset
News 3 days ago
Related Cos. Receives $50M Refi for Affordable MA Asset

MassHousing provided the funds for the renovation of Chestnut Park Apartments, a 489-unit community in downtown Springfield. Wells Fargo will act...

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Work Begins on $136M Manhattan Affordable Housing Project
News 3 days ago
Work Begins on $136M Manhattan Affordable Housing Project

Related Cos. and The Hudson Cos. are bringing the first newly constructed, permanently affordable housing project to Roosevelt Island, N. Y. The 21...

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Fogelman JV Acquires Atlanta Apartments for $45M
News 3 days ago
Fogelman JV Acquires Atlanta Apartments for $45M

The 334-unit garden-style community last changed hands in August 2016, when Mesa Capital Partners sold the asset for more than $29 million. A joint...

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Columbus’ Steady Rent Growth Lingers
News 3 days ago
Columbus’ Steady Rent Growth Lingers

Although employment growth tempered in 2018 while multifamily development kept a steady pace, the Columbus rental market remains one of the Midwest...

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Deancurt Realty Group Buys Orlando Apartments
News 3 days ago
Deancurt Realty Group Buys Orlando Apartments

The firm purchased the suburban 208-unit Class B community for nearly $24 million, financing the acquisition with a loan and line of credit. Rath,...

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Creating a Great Leasing Experience for Prospects
News 3 days ago
Creating a Great Leasing Experience for Prospects

Ready to commit to creating a great onsite experience for potential renters? Here are five recommendations. It’s a scene that regularly plays out...

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Preiss Acquires 288-Bed Community in San Antonio
News 3 days ago
Preiss Acquires 288-Bed Community in San Antonio

Serving the University of Texas-San Antonio, the student housing community will undergo a multi-million renovation plan. The Preiss Co. will manage...

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Arel Capital Buys 504-Unit Houston Community
News 3 days ago
Arel Capital Buys 504-Unit Houston Community

Allied Orion Group is overseeing property management for the multifamily asset. The new owner plans to begin renovations this year. The Steadfast...

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Senior Housing Demand Matched by Supply in Q4
News 3 days ago
Senior Housing Demand Matched by Supply in Q4

While the increase over the third quarter of 2018 was small, it marked the first time in three years that demand and supply matched, according to...

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Jacksonville Development Gets $39M Construction Financing
News 3 days ago
Jacksonville Development Gets $39M Construction Financing

Crest Residential’s 256-unit project is estimated to break ground in the spring, financed by a five-year loan from Protective Life Insurance Co....

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$100M Deal to Preserve Affordability for 515 Units in South Bronx
News 3 days ago
$100M Deal to Preserve Affordability for 515 Units in South Bronx

$100M Deal to Preserve Affordability for 515 Units in South Bronx A joint venture led by NCV Capital partners secured debt and equity to fund and...

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Luxury San Diego Community Launches Leasing
News 4 days ago
Luxury San Diego Community Launches Leasing

LMC developed the 220-unit Luma Apartments in the city's Little Italy neighborhood. The 24-story high-rise is LEED gold certified. LMC, a Lennar...

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Scottsdale Property Receives $24M Refi
News 4 days ago
Scottsdale Property Receives $24M Refi

HFF secured the loan on behalf of the borrower, The Sunset Group, for the 134-unit community located roughly 12 miles from downtown Phoenix. HFF...

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Middleburg Launches $75M Workforce Housing Fund
News 4 days ago
Middleburg Launches $75M Workforce Housing Fund

The company's strategy is to purchase and rehabilitate distressed communities in the Southeast and Mid-Atlantic regions, starting with the...

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Fogelman JV Acquires Atlanta Apartments
News 4 days ago
Fogelman JV Acquires Atlanta Apartments

The 334-unit garden-style community last changed hands in August 2016, when Mesa Capital Partners sold the asset for more than $29 million. A joint...

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Inland Empire Community Sells for $42M
News 4 days ago
Inland Empire Community Sells for $42M

Berkadia has arranged the sale of the 194-unit property located in Ontario, Calif., approximately 26 miles from downtown San Bernardino. Advanced...

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Raising Rents While Getting Resident Buy-In: Key Takeaways from Netflix
News 4 days ago
Raising Rents While Getting Resident Buy-In: Key Takeaways from Netflix

Raising Rents While Getting Resident Buy-In: Key Takeaways from Netflix The streaming service is making its largest price increase since it...

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$30M Senior Living Project Breaks Ground in Suburban Chicago
News 5 days ago
$30M Senior Living Project Breaks Ground in Suburban Chicago

Scheduled for completion in mid-2020, the three-story assisted living and memory care community will bring 86 residential suites to Highland Park,...

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Freddie Mac Research Projects Strong 2019 Market
News 5 days ago
Freddie Mac Research Projects Strong 2019 Market

The agency’s outlook for 2019 reveals that solid market fundamentals, including rent increases, are among the factors driving growth in the...

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Luxury Silicon Valley Community Trades for $110M
News 5 days ago
Luxury Silicon Valley Community Trades for $110M

Institutional Property Advisors brokered the sale of the 238-unit upscale asset located in San Jose on behalf of the seller, Cityview. Tilden...

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JV Secures $70M Loan for NJ Community
News 5 days ago
JV Secures $70M Loan for NJ Community

The proceeds of the 10-year loan, arranged by HFF, were used to retire existing construction financing for Steel Works, a 2017-built property in...

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