Corebridge and CBRE Investment Management Recapitalize High Quality Multifamily Portfolio
Corebridge Real Estate Investors (CREI) has recapitalized a joint venture with a gross asset value of $670 million. Terms were not disclosed. The portfolio includes six Class A apartment buildings, totaling 1,990 units with...
City Council Approved 4,600-Unit Residential Rezoning around Atlantic Avenue for Central Brooklyn New York
The New York City Council approved a rezoning that could add up to 4,600 apartments around Atlantic Avenue in Central Brooklyn. The vote comes eight weeks after the City Planning Commission okayed the Atlantic...
Panepinto Properties Tops Out 54-story, 605-Unit Rental Tower 505 Summit in Jersey City
Panepinto Properties, a fixture in Jersey City real estate for nearly 50 years, announced that its latest residential development in Journal Square has officially topped out at 577 feet and 54 stories. With the...
Joint Venture Celebrate Grand Opening of $37.4M Affordable Senior Community Astoria on 9th in...
Housing Trust Group (HTG), a leading multifamily developer, in partnership with AM Affordable Housing, a non-profit founded by NBA Hall of Famer and Miami Heat legend Alonzo Mourning, proudly celebrated the grand opening of...
JLL Secures $48M Refinancing for Luxury Apartment Community Westshore Palm Bay in Florida’s Space...
JLL Capital Markets announced that it has secured a $48 million financing for Westshore Palm Bay, a 248-unit luxury apartment community in Palm Bay, Florida.
JLL represented the borrower, Northshore Development, in facilitating the floating-rate...
McDowell Housing Partners to Build Affordable Housing Project Ekos on Evans with New Land...
McDowell Housing Partners (MHP), a leading affordable housing development and investment company, has closed on its latest development project, Ekos on Evans in Fort Myers, Florida.
Located less than two miles from the downtown core...
Marcus & Millichap Closes $6.25M Sale of Mixed-Use Property at 167 N 9th Street...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 167 N 9th Street, a 14-unit, 17,934-square-foot mixed-use building in Brooklyn,...
Walker & Dunlop Arranges Debt Financing and JV Equity for Long Branch New Jersey...
Walker & Dunlop, Inc. announced that it arranged $121.5 million in equity and debt financing for the acquisition of Ocean Gate, a recently built, luxury Class A apartment community with 170 multifamily located in...
UMH Properties INC. Announces Completion of Addition of Ten Communities to Fannie Mea Credit...
UMH Properties, Inc. (NYSE: UMH) (TASE: UMH) announced that on May 15, 2025 it completed the addition of ten communities containing 2,001 sites, to its Fannie Mae credit facility through Wells Fargo Bank, N.A.,...
Dominium Acquires Land for the Development of The Mira to Provide 300 Affordable Apartment...
Dominium, a leading affordable housing owner, developer and manager announced that it has acquired land in Apopka, Florida for the development of The Mira. This new community will provide 300 income- and rent- restricted...
Madison Communities Opens Madison Fountains, a 276-Unit Apartment Community in St. Johns County, Florida
Madison Communities, a fully integrated multifamily developer and operator, has completed Madison Fountains, a 276-unit apartment community in St. Johns County, Florida.
Located at 75 Teigan Trail, just minutes from Jacksonville's St. Johns Town Center,...
Marcus & Millichap Brokers Sale of Vacant Multifamily Property Middle River Place in Fort...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the $1,850,000 sale of Middle River Place, an eight-unit multifamily property in Fort Lauderdale,...
SCALE Lending Issues $166M Construction Loan for Brooklyn Multifamily Development at 280 Bergen Street
SCALE Lending, the debt financing arm of Slate Property Group, announced that it has finalized a $166 million construction loan for the development of a 367-unit multifamily project located at 280 Bergen Street in...
Sparrow Management Named Property Manager at Crossroads 389 in Downtown Hackensack
Cannon Hill Capital Partners and The Hampshire Companies, as co-developers and owners, have selected Sparrow Management as the new property manager at Crossroads 389, an 82-unit Class A multifamily project with ground-floor retail located...
Garden Communities Announces Orchid Park Luxury Rentals in Scotch Plains have Reached the 80%...
Orchid Park, a new luxury rental community in Scotch Plains developed by Garden Communities and Premier Development, has reached the 80% leased mark.
Located at 1325 Terrill Road in the heart of Union County, Orchid...
