JLL Secures Joint Venture Partnership for Luxury Multifamily Land Development Project Modera Fort Lee...
JLL Capital Markets announced that it has arranged a joint-venture equity partnership for the development of Modera Fort Lee, a 253-unit luxury multifamily project in Fort Lee, New Jersey.
JLL worked on behalf of the...
Housing Trust Group Breaks Ground on Fox Pointe, a 70-unit Affordable Housing Community in...
Housing Trust Group (HTG), a leading nationwide multifamily developer, has closed on financing and commenced construction of Fox Pointe, a $25.7 million affordable housing community in Daytona Beach. The property is expected to be...
Red Oak Capital Holdings Provides $15.5M for Redevelopment of Minnesota Commons Apartments in Washington...
Red Oak Capital Holdings, LLC has provided a $15.5 million bridge loan for Minnesota Commons Apartments in Washington, D.C. The funds will be used to acquire and rehabilitate the garden apartment community, which will...
Wingspan Development Group Closes $16M Capital Raise to Continue Multifamily Development Growth in Florida,...
Wingspan Development Group, a privately held multi-state development firm active in multifamily and mixed-use properties, announced WDG Finance has successfully closed the $16 million WDG GP Fund II, its second fund since 2021, to...
BHI Provides $38.7M in Financing to EPIRE for the Construction of 75-Unit Multifamily Development...
BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, announced that it has provided $38.7 Million in financing to 387 Eight Holdings LLC, an entity affiliated to development company EPIRE,...
Governor Hochul Announces 98 New Affordable Homes Open at The Plains in the Bronx;...
Governor Kathy Hochul and New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas announced completion of The Plains, a 98-unit affordable housing development in the Wakefield neighborhood in the Bronx.
The $51 million development...
Which multifamily market will see the highest rent growth in 2025?
Moody’s Analytics associate director and economist Nick Villa gazes into his crystal ball to determine which markets will see the highest apartment rent growth in 2025.He leans on Moody’s Q3 2024 Preliminary...
Marcus & Millichap Arranges $6.1M Sale of 24-Unit Multifamily Property The Gardens in Fort...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Gardens, a 24-unit multifamily property in Fort Lauderdale, Florida, for...
New York City Multifamily Totaled $2.33B in Third Quarter 2024
Following a robust second quarter, activity in New York City's multifamily market slowed in the third quarter with dollar volume declining by 17% quarter-over-quarter to $2.33 billion and transactions falling by 16% to 248,...
DCHFA Finances 139 Affordable Apartments in the Second Phase of Development of The Edmonson...
The District of Columbia Housing Finance Agency (DCHFA) issued $61.1 million in tax exempt bonds and underwrote $52 million in federal Low Income Housing Tax Credit (LIHTC) equity for the construction of The Edmonson...
CBRE Arranges $47.5 Million Bridge Loan for Pennsylvania Multifamily Project Mi-Place @ Downingtown
CBRE’s Multifamily Debt & Structured Finance team has arranged $47.5 million in bridge financing for the refinance of Mi-Place @ Downingtown in Downingtown, Pennsylvania.
This is the second transaction that Klauer and Russell have secured...
Garden Communities Launches Construction on Legacy Place Luxury Rental Development in East Brunswick New...
Legacy Place, Garden Communities' newest highly amenitized luxury rental development in Middlesex County, has reached a key occupancy milestone, with more than 90% of its residences leased and occupied less than one year after...
Advance Realty Investors Breaks Ground on Boutique Rental Building at 1404 Willow Avenue in...
Advance Realty Investors, a visionary developer and leader in creating vibrant urban communities throughout New Jersey, recently broke ground on a new boutique rental building located at 1404 Willow Avenue in Hoboken, New Jersey...
Marcus & Millichap Brokers $33.6M Multifamily Asset Sale of Mi-Place at West Rancocas in...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Mi-Place at West Rancocas 108, a newly constructed 108-unit multifamily asset...
Berkadia Arranges Sales of Skye at Hunter’s Creek in Kissimmee Florida
Berkadia announced it has secured a $42.5 million bridge loan for Skye at Hunter’s Creek, a 216-unit garden-style multifamily property located in Kissimmee, Florida.
Managing Director Brad Williamson of Berkadia Miami and Associate Director Wesley...
