Deal boom

NeighborWorks America announced that the total of owned and managed rental homes of the NeighborWorks network grew to 211,856 in Fiscal Year 2024, an increase from 204,563 at the end of year Fiscal Year...

JLL Capital Markets announced that it has secured $155 million in construction financing for Charlie, a 386-unit multifamily development in Hoboken, New Jersey. JLL represented the borrower, LCOR, Inc., in arranging the five-year floating-rate loan...

Dominium, a leading national affordable housing owner, developer and manager, announced that it has acquired land at 6615 Augusta Road in Greenville, South Carolina for the development of Avery Landing. Once completed, Avery Landing will...

The U.S. Department of Housing and Urban Development (HUD) has announced the allocation of nearly $137 million in grants aimed at increasing affordable housing and supportive services for seniors and disabled individuals under both...

The U.S. Department of Housing and Urban Development (HUD) published a Final Rule in the Federal Register to modernize and strengthen regulations for the HOME Investment Partnership Program. The regulatory updates incorporate feedback from stakeholders,...

The U.S. multifamily market is rebounding strongly, driven by declining vacancy rates and robust absorption, according to CBRE’s latest research. Positive net absorption, which measures the change in the number of occupied units, reached 183,600 units...

A joint venture of Draper and Kramer, Incorporated, Koelbel and Company, Mile High Development and Urban Roots Development, Inc., announced it is set to welcome first residents beginning Feb. 1 at Tempo Nine Mile...

Dominium, a leading national affordable housing owner, developer and manager, has announced the acquisition of land in Maxwell, Texas with plans to construct a new affordable housing community Anson Crossing. Once completed, Anson Crossing will...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Fairoak Avenue Apartments, a 24-unit apartment property located in Anoka, Minnesota. “In...

JLL Capital Markets announced that it has secured the $49 million sale of Nimbus, a 165-unit luxury multifamily property in Everett, Washington. JLL worked on behalf of the seller, Trent Development. The buyer was CEP...

PCCP is pleased to announce it has provided a $60 million senior loan to J. Fisher Companies for the construction of The Edison, a seven-story, 201-unit multifamily community located at 256 South 200 East...

Gindi Equities announced the sale of Lindsey Manor Apartments, a 222-unit multifamily community at 472 Lindsey Street in Kernersville, North Carolina. The sale closed in late December and was the largest residential transaction of the...

QuadReal Property Group (“QuadReal”), a global real estate investment, operating and development company, has announced the closure of a construction loan to Core Spaces, a Chicago, Illinois-based real estate acquisition and development firm, to...

District of Columbia Housing Finance Agency (DCHFA) issued $63 million in tax exempt bonds, underwrote $47.1 million in federal and $10.4 million in DC Low Income Housing Tax Credit equity for the construction of...

On January 17, 2025 the District of Columbia Housing Finance Agency (DCHFA) issued $35.1 million in tax exempt bonds, underwrote $25.56 million in federal and $5.6 million in DC Low Income Housing Tax Credit equity...