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Fully Occupied Ashton Looks to Enliven El Camino Real
Blog 3 months ago
Fully Occupied Ashton Looks to Enliven El Camino Real

BELMONT, CA-Sares Regis Group of Northern California has closed escrow on a fully leased retail center at The Ashton, a new luxury condominium...

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UDR, MetLife Close $1.76B JV Deal
Blog 3 months ago
UDR, MetLife Close $1.76B JV Deal

DENVER-UDR and MetLife Investment Management have closed a previously-announced $1.76 billion deal in which 10 properties as well as some land...

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Inland Empire Apartment Activity Energizes Self-Storage Market
Blog 3 months ago
Inland Empire Apartment Activity Energizes Self-Storage Market

The Inland Empire apartment market has energized the self-storage sector. Self-storage growth is typically tied to apartment leasing velocity. The...

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CREXi Closes $63M Las Vegas Deal
Blog 3 months ago
CREXi Closes $63M Las Vegas Deal

Online real estate marketplace CREXi has closed the transaction of an 11-property portfolio or surplus land parcels in Clark County for $63 million...

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Three-Asset Georgia Multifamily Portfolio Trades for $36.5M
Blog 3 months ago
Three-Asset Georgia Multifamily Portfolio Trades for $36.5M

AUSTELL, GA-Commercial real estate lending and investment firm Greystone Brown has provided a $30 million bridge loan, as well as arranged the $36...

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Harbor Group Sells Virginia Beach Apartment for $43M
Blog 3 months ago
Harbor Group Sells Virginia Beach Apartment for $43M

VIRGINIA BEACH, VA-Newmark Knight Frank has arranged a $33 million debt financing loan for the oceanfront multifamily community, The Mayflower,...

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Chicago Mayor Calls for Early Termination of Four TIF Districts
Blog 3 months ago
Chicago Mayor Calls for Early Termination of Four TIF Districts

CHICAGO-Fresh off the City Council passing her $11.6-billion 2020 city budget, Chicago Mayor Lori E. Lightfoot has proposed to terminate four tax...

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Condo With Hotel-Style Services on Tap for Miami's Coconut Grove
Blog 3 months ago
Condo With Hotel-Style Services on Tap for Miami's Coconut Grove

Imagine living in a condominium building and getting all the services of a high-end hotel. That's exactly what residents can expect at a condo...

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Produce LA Secures $52M in Funding
Blog 3 months ago
Produce LA Secures $52M in Funding

Produce LA has secured $52 million in construction financing. The development is a mixed-use opportunity zone project in the Arts District...

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What Does the Inverted Yield Curve Mean for CRE?
Blog 3 months ago
What Does the Inverted Yield Curve Mean for CRE?

PORTLAND, OR-Long-term interest rates on bonds reached below short-term rates for the first time since 2007 and yields for the two-year Treasury...

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DCHFA Funds 76-Unit Affordable Development
Blog 4 months ago
DCHFA Funds 76-Unit Affordable Development

WASHINGTON DC - In its first transaction of fiscal year 2020, the District of Columbia Housing Finance Agency (DCHFA) is funding an affordable...

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NRIA Secures $44M Loan to Begin New Gated Union City Project
Blog 4 months ago
NRIA Secures $44M Loan to Begin New Gated Union City Project

UNION CITY, NJ-S3 Capital of New York City has provided NRIA with a $44-million loan that will allow the Secaucus, NJ-based development firm to...

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Stonepine Apartments Trades Hands in Thousand Oaks
Blog 4 months ago
Stonepine Apartments Trades Hands in Thousand Oaks

Stonepine Apartments has traded hands in Thousand Oaks. A private family trust sold the 108-unit garden-style multifamily property has sold for $33...

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Canadian Real Estate Trust Nabs Salix for $101.5M
Blog 4 months ago
Canadian Real Estate Trust Nabs Salix for $101.5M

KIRKLAND, WA-RISE Properties Trust, a Canadian real estate trust with operations based in Seattle, purchased Salix Juanita Village for $101.5...

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Twisted Curtain Wall Serves as Landmark on San Francisco Skyline
Blog 4 months ago
Twisted Curtain Wall Serves as Landmark on San Francisco Skyline

SAN FRANCISCO-Mira's curtain wall is now completed, punctuating the skyline with its twisted facade. The Tishman Speyer neighborhood of condominium...

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Turnstone Capital Buys Phoenix Apartments for $19M
Blog 4 months ago
Turnstone Capital Buys Phoenix Apartments for $19M

An entity formed by Turnstone Capital has acquired Bellum Manor, a 214-unit apartment community, in Phoenix, for $19.8 million. The buyer also...

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Multifamily Price Surpasses Original Return Target
Blog 4 months ago
Multifamily Price Surpasses Original Return Target

SAN ANTONIO-ArborCrowd's Quarry Station Apartments investment has been realized in less than two years, providing investors with returns higher...

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Southern California Leads in Green Building Adoption
Blog 4 months ago
Southern California Leads in Green Building Adoption

Southern California is among the top markets for green building. Both Los Angeles and Orange County ranked among the top markets in the country for...

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Pérez Housing Launches With Focus on Section 42 Properties
Blog 4 months ago
Pérez Housing Launches With Focus on Section 42 Properties

Patrick Plunkett, president of the newly formed Perez Housing Associates (PHA), an organization that is addressing the acute need for affordable...

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Two East Orange Area Multifamily Properties Trade for Nearly $13M
Blog 4 months ago
Two East Orange Area Multifamily Properties Trade for Nearly $13M

EAST ORANGE-Brokerage firm Gebroe-Hammer Associates reports it has brokered two separate multifamily sale transactions n East Orange and Irvington,...

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Kissimmee Multifamily Trades for $71 Million
Blog 4 months ago
Kissimmee Multifamily Trades for $71 Million

KISSIMMEE, FL-A joint venture of DeBartolo Holdings of Tampa and Encore Capital Management of Boca Raton has sold the recently constructed 338-unit...

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Lowe Property Group Breaks Ground on Utah Apartments
Blog 4 months ago
Lowe Property Group Breaks Ground on Utah Apartments

Lowe Property Group has broken ground on Dixon Place, a 59-unit, class-A development in the heart of Salt Lake City's Sugar House neighborhood. The...

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Developer Looks to Demographics for Amenities
Blog 4 months ago
Developer Looks to Demographics for Amenities

FRISCO, TX-Wildridge is a 340-acre master-planned community set in the middle of Oak Point on the peninsula of Lake Lewisville just west of Frisco....

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Hospitality Influences Multifamily in a Big Way
Blog 4 months ago
Hospitality Influences Multifamily in a Big Way

HOUSTON-Concierge and housekeeping services that mirror the hospitality industry are increasingly catching on in the multifamily world. One hotel...

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Lauderdale Lakes Apartments Trade for $103M in Busy Market
Blog 4 months ago
Lauderdale Lakes Apartments Trade for $103M in Busy Market

A Canadian real estate investor is taking over a nearly new Lauderdale Lakes multifamily community for $103 million. Montreal-based Frankforter...

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Delta Coves to Feature 560 Residences with Private Boat Docks
Blog 4 months ago
Delta Coves to Feature 560 Residences with Private Boat Docks

BETHEL ISLAND, CA-In conjunction with builder partners Davidson Communities and Blue Mountain Communities, DMB Development LLC recently launched...

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Who Says There’s No Such Thing as Free Rent?
Blog 4 months ago
Who Says There’s No Such Thing as Free Rent?

Who Says There's No Such Thing as Free Rent? HOUSTON-Caydon launched the ultimate Black Friday deal at Drewery Place, where future residents can...

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Modular Construction: Big Risks, Bigger Reward
Blog 4 months ago
Modular Construction: Big Risks, Bigger Reward

When you think of traditional modular construction, most people imagine cheap, single- or two-story buildings, or a cookie-cutter house on a...

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Tower Capital Sees Surge In Loan Volume
Blog 4 months ago
Tower Capital Sees Surge In Loan Volume

Phoenix-based Tower Capital is seeing a surge in loan activity. The company has closed a record-breaking $70 million in deals in the last 30 days,...

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Roka Properties Grows Los Angeles Apartment Portfolio
Blog 4 months ago
Roka Properties Grows Los Angeles Apartment Portfolio

Los Angeles-based Roka Properties has acquired a 24-unit apartment property in Los Angeles for $20.6 million from a New York-based investor. The...

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