Deal boom

Foon Lok East, the fourth and final affordable housing development at Brooklyn Basin in Oakland, California, has been completed. MidPen Housing, in partnership with the City of Oakland and the Oakland Housing Authority, developed the...

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...

Belveron Partners (“Belveron”), a privately held real estate investment management firm focused on the preservation and creation of affordable housing assets, has announced the final close of its seventh fund, Flagship Fund VII (“Fund...

FCP® announces the sale of Villas at Princeton Lakes, a 210-unit apartment community in the South Fulton area of Atlanta to Monday Properties and RSN Property Group for $36.75 million. FCP acquired the property...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of three multifamily assets totaling 557 units in Tacoma, Washington for $102.6 million. The properties are Monterra, Miramonte, and Heatherstone Apartments. “Located...

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...

Max Frame of the Simon Anderson team, a multifamily investment team at Kidder Mathews, successfully closed two apartment sales in Spokane, Washington this week. The properties included Coventry Estates and Lincoln Place. Frame represented the...

Arden Group has announced the opening of Forty-Six Fifty, a 22-story luxury rental building offering a serene yet sophisticated lifestyle in Upper Manhattan’s Inwood neighborhood. With over 50% of the homes already occupied, residents...

Gortikov Capital has arranged a $150 million bridge loan secured by The Grad, a 260-unit, 1,002-bed Class A student housing tower serving San Jose State University, located in Downtown San Jose, California. Bryan Gortikov, President...

Lamar Johnson Collaborative (LJC) announces the recent completion of Chapter Madison, a 10-story, 550-bed student housing development designed by the firm to address the need for campus-adjacent living at the University of Wisconsin –...

BWE, a national commercial and multifamily mortgage banking company, announced that it has secured total capital of $108.38 million for the VRV, a recently completed luxury apartment property in Stanton, California (Orange County). Tom Kenny,...

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...

BWE, a national commercial and multifamily mortgage banking company, announced that it has secured a $103,000,000 Fannie Mae Multifamily credit facility execution to finance three market-rate housing developments: The Murray in Summerville, South Carolina;...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a nine-property portfolio of eight apartment buildings and a four-tenant retail...

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...