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Newmark Knight Frank Expands Valuation & Advisory Practice in Midwest
Blog 2 months ago
Newmark Knight Frank Expands Valuation & Advisory Practice in Midwest

ST. CHARLES, IL-Newmark Knight Frank's Valuation & Advisory Practice has added 10 valuation professionals to its staff, all coming from RVG...

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Security Properties and Pacific Life Buy New Multifamily Development
Blog 2 months ago
Security Properties and Pacific Life Buy New Multifamily Development

ISSAQUAH, WA- Security Properties and Pacific Life recently purchased Anthology, a 398-unit new construction multifamily property for $163 million....

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BPDA Approved $5.6B in New Development Projects in Boston in 2019
Blog 2 months ago
BPDA Approved $5.6B in New Development Projects in Boston in 2019

BOSTON-In a year-end report, the Boston Planning & Development Agency approved more than 10.2 million square feet of new development projects...

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S3 Capital Lends $50M for Brooklyn Multifamily Development
Blog 2 months ago
S3 Capital Lends $50M for Brooklyn Multifamily Development

NEW YORK CITY - S3 Capital Partners, a New York City-based lending platform, has lent $50 million to the Loketch Group and Meral Property Group for...

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Rear-View Mirror Ramifications of Rent Control
Blog 2 months ago
Rear-View Mirror Ramifications of Rent Control

SAN FRANCISCO-Last year, California joined Maryland, New Jersey, Oregon and New York as the only states with some form of rent control. While the...

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Beverage Tax Fuels $126M in Investment in Philly
Blog 3 months ago
Beverage Tax Fuels $126M in Investment in Philly

PHILADELPHIA-The administration of Philadelphia Mayor Jim Kenney continues to promote the benefits of the controversial beverage tax imposed three...

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Inland Empire Sees Strong Housing Price Appreciation
Blog 3 months ago
Inland Empire Sees Strong Housing Price Appreciation

The Inland Empire's housing market is on fire. Thanks to housing affordability issues plaguing Southern California, the Inland Empire has seen...

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Renton is One of Bellevue’s Economic Beneficiaries
Blog 3 months ago
Renton is One of Bellevue’s Economic Beneficiaries

RENTON, WA-The Renton Sage, a 284-unit garden-style multifamily property, sold late last year for $59.5 million. The buyer was an affiliate of New...

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Tech-Driven Real Estate Brokerage to Launch in Queens
Blog 3 months ago
Tech-Driven Real Estate Brokerage to Launch in Queens

NEW YORK CITY - Michael Wang, a commercial real estate broker and co-chair of the real estate committee at the Queens Chamber of Commerce, is...

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JV Acquires Bronx Affordable Housing Portfolio for $170M
Blog 3 months ago
JV Acquires Bronx Affordable Housing Portfolio for $170M

NEW YORK CITY - A joint venture between LIHC Investment Group, Belveron Partners and Camber Property Group have acquired an eight-building...

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Mobile Home Park Trades in Encinitas
Blog 3 months ago
Mobile Home Park Trades in Encinitas

Park Management has acquired Hilltop Mobile Home Park for $8.6 million from The Maichen Group. The property is located at 155 West Jason Street,...

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Draper & Kramer Purchases River North Apartment Tower in 1031 Exchange Deal
Blog 3 months ago
Draper & Kramer Purchases River North Apartment Tower in 1031 Exchange Deal

CHICAGO-Draper and Kramer, Inc. reports it has acquired the HUBBARD221, a 195-unit luxury apartment tower in Chicago's River North neighborhood....

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How One Developer Will Capitalize on New Train to Walt Disney World
Blog 3 months ago
How One Developer Will Capitalize on New Train to Walt Disney World

ORLANDO, FL-Walt Disney World is in conversations with Virgin Trains to add a new station inside the magical theme park. Virgin Trains currently...

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How Multifamily Will Fare as Home Buyers Come Back
Blog 3 months ago
How Multifamily Will Fare as Home Buyers Come Back

Brad Dillman, Cortland's Chief Economist, sees the American economy entering a place that it hasn't been for a while. "We're in a situation, for...

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Multifamily, Best Bet for Investment in 2020
Blog 3 months ago
Multifamily, Best Bet for Investment in 2020

Multifamily is the safest investment next year, particularly with rising fears of a recession. The asset class is more protected against downturns...

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Two South Florida Multifamily Deals Close for $130M Total in Year-End Rush
Blog 3 months ago
Two South Florida Multifamily Deals Close for $130M Total in Year-End Rush

Two suburban, garden-style apartment communities in South Florida sold for $130 million total just before year's end. The transactions are in line...

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Brokers Say Seattle Land is Best Development Site on West Coast
Blog 3 months ago
Brokers Say Seattle Land is Best Development Site on West Coast

SEATTLE-The $133 million sale is now complete on an approximately 59,448-square-foot land assemblage of two of the most sought-after downtown...

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Housing Diversity Corp. Plans Attainable Housing Project in DTLA
Blog 3 months ago
Housing Diversity Corp. Plans Attainable Housing Project in DTLA

Seattle-based Housing Diversity Corp. is planning an attainable housing project in DTLA. The development is located in an opportunity zone and will...

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Walton Launches New Homebuilding Fund
Blog 3 months ago
Walton Launches New Homebuilding Fund

Walton Global Holdings has launched its first homebuilding fund, the Builder Option Land Development or BOLD fund. The new fund will acquire land...

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CDH Tackles Affordable Housing Problem With Dania Beach Project
Blog 3 months ago
CDH Tackles Affordable Housing Problem With Dania Beach Project

DANIA BEACH, FL-Continental Development Holding (CDH), the newly-launched affiliate of the Continental Group, has closed on land here, where it...

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Housing Affordability, Jobs Draw Residents to the Inland Empire
Blog 3 months ago
Housing Affordability, Jobs Draw Residents to the Inland Empire

The combination of low-cost housing and a job market has finally made the Inland Empire an attractive SoCal market. The Inland Empire has always...

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Revival Biltmore Trades Hands in Phoenix
Blog 3 months ago
Revival Biltmore Trades Hands in Phoenix

The Revival Biltmore apartment community has traded hands for $31.25 million. The property is located in one of the most popular submarkets in...

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Tides Equities Snatches Value-Add Deal in Phoenix’s Lower Arcadia
Blog 3 months ago
Tides Equities Snatches Value-Add Deal in Phoenix’s Lower Arcadia

Tides Equities has acquired the Revival on Thomas apartment community from a private investor for $21 million or $219 per square foot. The 155-unit...

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Apartment Affordability Answers: Boom or Boomerang?
Blog 3 months ago
Apartment Affordability Answers: Boom or Boomerang?

ARLINGTON, VA-When an apartment boom is still needed, many municipalities are instead promoting a boomerang policy. Rent control has a deleterious...

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Penzance Acquires DC Area Mixed-Use Multifamily Asset
Blog 3 months ago
Penzance Acquires DC Area Mixed-Use Multifamily Asset

HERNDON, VA - Owner, operator and developer, Penzance has purchased a 169-unit, mixed-use multifamily community in Herndon, Virginia. The luxury...

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Waypoint Residential Sells Tampa Apartment Community for $37M
Blog 3 months ago
Waypoint Residential Sells Tampa Apartment Community for $37M

Boca Raton, FL-Waypoint Residential LLC has sold The Point at West End, a 356-unit multifamily community in Hillsborough County. Blue Roc Premier...

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Bainbridge Cos. Expands in Florida with New Tampa Office
Blog 3 months ago
Bainbridge Cos. Expands in Florida with New Tampa Office

WELLINGTON, FL-The locally-based Bainbridge Cos., the 10th-largest apartment developer and owner and manager of luxury multifamily communities,...

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Center Court Secures $173M Refi of Beacon Hill Luxury Condo Project
Blog 3 months ago
Center Court Secures $173M Refi of Beacon Hill Luxury Condo Project

BOSTON-Center Court Mass, LLC has secured a refinancing deal valued at $173 million for its 62-unit luxury Archer Residences property in Beacon...

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Tower Capital Secures a $60M Loan for Liv Goodyear
Blog 3 months ago
Tower Capital Secures a $60M Loan for Liv Goodyear

Tower Capital has secured a $60.5 million acquisition loan for Liv Goodyear, a brand-new, class-A, multifamily apartment community. The deal at Liv...

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Strategic Storage Trust IV Expands in Phoenix
Blog 3 months ago
Strategic Storage Trust IV Expands in Phoenix

Strategic Storage Trust IV has acquired a 716-unit self-storage facility in Surprise, Arizona, a suburb of Phoenix. The property is the REIT's 22nd...

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