StreetLights Residential announces first Arlington development with groundbreaking at Viridian
StreetLights Residential, a national design-driven developer of multifamily and mixed-use communities based in Dallas, recently broke ground on The Jackson, its first luxury multifamily community in Arlington. The development will be part of Viridian,...
37th Parallel Properties Enters the Charlotte Market with Acquisition of Greys Harbor at Lake...
37th Parallel Properties, a leading multifamily real estate investment firm, announced it has acquired Greys Harbor at Lake Norman, a 312-unit residential community located in Huntersville, North Carolina. This acquisition marks 37th Parallel's inaugural...
Gantry Secures $40.5M Permanent Financing for Eagle Pointe Apartments in Albany Oregon
Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $40.5 million permanent loan to retire construction financing for the recently completed and now stabilized class-A apartment project Eagle Pointe...
Waterton closes $920 million U.S. multifamily value-add investment fund, above target
Waterton, a national real estate investor and operator, is pleased to announce the final close of its latest multifamily value-add investment fund, Waterton Residential Property Venture XIII, L.P. (“Venture XIII”), with $920 million of...
Related and Hudson top out Riverwalk Park, a 21-story building bringing 340 new units...
Related Companies and The Hudson Companies today announced the topping out of Riverwalk Park, a 100 percent affordable, 340-unit building at 460 Main Street on Roosevelt Island. Related and Hudson broke ground on the...
Lincoln Avenue Communities Breaks Ground on Cottonwood Ranch Affordable Housing Development in Casa Grande...
Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground on the future site of Cottonwood Ranch during a ceremony with LAC leaders, local policymakers and partners.
"Lincoln Avenue Communities is...
CBRE Multifamily Group sells Waterford Place to Forest Properties for $67 million
CBRE Capital Markets team today announced the sale of Waterford Place in Manchester, New Hampshire, for $67 million.
Waterford Place is a 384-unit 100 percent market-rate apartment community spread over 66.5 acres just off Interstates...
HUD Announces Agreement with Affordable Rental Housing Provider for Shore Hill Apartments to Increase...
The U.S. Department of Housing and Urban Development (HUD) announced that it has entered a Voluntary Compliance Agreement for Shore Hill Apartments resolving a compliance review concerning non-discrimination in marketing and tenanting procedures.
Shore Hill...
Rosewood Property Now Leasing South Texas Multifamily Development The Tobin Estate
Rosewood Property Company is now leasing the second phase of The Tobin Estate Apartments.
Located at 3310 Oakwell Court in northeast Alamo Heights and spanning 11 acres, this property has added 311 apartment homes to...
$110.25 Million Silicon Valley Apartment Asset Sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Foundry Commons, a recently constructed, 238-unit, luxury apartment complex in San Jose, California. The property sold for $110.25 million.
“Located...
Standard Communities acquires Canton Estates Apartments in Massachusetts
Standard Communities, a major national affordable housing investor and developer, has acquired Canton Estates Apartments, a naturally occurring affordable housing family community in Canton, MA. The total capitalization of the transaction is approximately $18...
Stonebridge acquires 324-unit Raleigh, North Carolina apartment community
StoneBridge Investments of Washington, DC, has acquired The Columns at Wakefield, a 324-unit rental apartment community in Raleigh, NC. Howard Jenkins and Kevin Kempf of CBRE Southeast Multifamily represented the seller. The new ownership...
Prism Capital Partners launches construction for 10 Green Street at Woodbridge Train Station
Prism Capital Partners this month launched construction for 10 Green Street at the Woodbridge train station. The five-acre redevelopment parcel, located at the corner of Rahway Avenue and Green Street in Woodbridge, will become...
Quin Sleepy Hollow, latest luxury rental community by JMF Properties, now open for ‘sneak...
Quin Sleepy Hollow, the premier luxury rental community that’s been rising along South Avenue in the emerging transit village of Plainfield, New Jersey, has opened its leasing office doors and is ready to turn...
$33.8 million construction loan secured for build-to-rent community in Phoenix’s West Valley
JLL Capital Markets announced that it has arranged a $33.8 million construction loan for Villas Goodyear, a 151-unit, build-to-rent community located in Goodyear, Arizona within Phoenix’s West Valley.
JLL worked on behalf of the borrower,...