High Street Residential Breaks Ground on Hawes Crossing Multifamily Project in Mesa Arizona
High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, has broken ground on a three-story, 419-unit Class A multifamily community in Hawes Crossing, a 1,100-acre master-planned community in Mesa, Arizona. The project is...
Tempe Town Development Considering Proposed 2,391-Bed ASU Student Housing Venture to be Called Nova...
Up Campus Properties is proposing a 950-unit student housing project at Rural Road between Apache Blvd. and University Drive in Tempe. The project, to be named Nova Tempe which will have 2,391 bedrooms, will be...
X Social Community Luxury Apartment Towers X Denver 2 in Colorado Sells for $100M
CIM has paid just over $100 million for luxury apartment towers in downtown Denver’s Arapahoe Square area near Coors Field. X Denver 2 has 351 units. The 22-story tower, called X Social Community, offers a...
Buchanan Capital Partners Expands Portfolio with Strategic Acquisition of Crenshaw Grand Apartments and New...
Buchanan Capital Partners, "BCP", an Austin-based, zero-fee commercial real estate investment firm, announced the recent closing of three new multifamily investments; two ground-up developments located in New Braunfels, Texas, and Colorado Springs, Colorado, and...
Cityview Expands Southwestern U.S. Presence with Opening of Dallas Office, New Director of Acquisitions...
Cityview, a premier multifamily investment management and development firm, announced the hire of Quinn Konitshek, the firm’s new Director of Acquisitions. “With the hiring of Quinn and opening of our new Texas office, we are...
HUD/RAD Delivers Over $37M to Build and Preserve Affordable Housing in Reno
The U.S. Department of Housing and Urban Development (HUD) announced the completion of a $37 million Rental Assistance Demonstration (RAD) transaction with the Reno Housing Authority to expand affordable housing options for low-income individuals...
BWE Arranges $43.2M HUD 221(d) 4 New Construction Loan for Market Rate Multifamily Property...
BWE, a national commercial and multifamily mortgage banking company, announced that it has secured a $43,237,400 HUD 221(d)(4) loan to finance the development of Canyon del Rio Village, a 170-unit, Class A market-rate apartment...
Marana’s Newest Luxury Multifamily Community Hosts Grand Opening Near Tucson
Amavida Marana, the newest luxury community in Marana, Arizona, is hosting a grand opening event and charity pickleball tournament on November 15 from 2 p.m. to 6 p.m. Amavida Marana, owned by Ascent Companies &...
Calmwater Capital Funds $41.1M Loan to Refinance Build-To-Rent Community Moderne at Rocking K Near...
Calmwater Capital has provided Moderne Communities with a $41.1 million loan to refinance a 224-unit build-to-rent community, Moderne at Rocking K, in Vail, Arizona. The two-year senior loan is secured by Moderne at Rocking K...
Greystar’s Summerwell Peoria Place Now Leasing, Providing Unique Build for Rent Opportunity to the...
Greystar, a global leader in the investment, development, and management of real estate, including rental housing, logistics and life sciences, announced that it has begun leasing for Summerwell Peoria Place, Greystar’s latest build-for-rent community...
Standard Communities Acquires $1B Portfolio in Largest Affordable Housing Transaction of 2024
Standard Communities, a major national affordable housing developer and investor, has acquired a 100% affordable housing portfolio valued at over $1 billion consisting of over 6,000 apartment homes in more than 60 communities in...
Berkadia Arranges $67.8M Acquisition Financing for Enclave at Redwood Apartments in Salt Lake City
Artemis Real Estate Partners and Preserve partners Berkadia acquired the 486-unit Enclave at Redwood in West Valley City, a suburb of Salt Lake City. The two companies say they plan to upgrade the property’s...
Rise48 Equity Expands Services with Launch of Rise48 Residential Taking Over Management of Four...
Rise48 Equity, a multifamily investment group headquartered in Phoenix, Arizona, has announced the launch of its new third-party fee management company, Rise48 Residential. This expansion marks a significant step in the company's growth, as...
PCCP, LLC Provides $66M Senior Loan to Sunroad Enterprises for the Acquisition of Element...
PCCP, LLC announced it has provided a $66 million senior loan to Sunroad Enterprises for the acquisition and lease-up of Element 12 at Cadence. The financing was arranged by JLL Capital Markets. Element 12 at...
Ribbon Cutting Opens Doors to 63-Unit Affordable All Saints Senior Housing Community in Denver
Multidisciplinary design firm Cushing Terrell, Palace Construction, IMEG Corp., and Terracon Consultants have cut the ribbon for the new Catholic Charities Housing-funded, four-story All Saints senior affordable housing development. Designed for efficiency, affordability, and well-being,...