News

The California State Legislature recently passed, and Governor Newsom signed, AB 2006, a bill to eliminate duplication in the inspection of affordable housing projects in the state. The bill was sponsored by Assemblyman Marc...

Gelt Inc., a Los Angeles-based real estate investment and asset management firm, is pleased to announce it has acquired Avalon Studio 4121, a 149-unit value-add apartment property located at 4041-4121 Radford Avenue in Studio...

DB Capital in joint venture with a CrowdStreet, has recapitalized Summit at Hyde Park, a 192-unit apartment community in Austin, Texas. The acquisition represents a recapitalization of the 1980’s vintage garden style community, originally acquired...

Fannie Mae announced the launch of its Multifamily Positive Rent Payment Reporting pilot program, aimed at helping renters build their credit history and improve their credit score. Beginning September 27, 2022, eligible multifamily property owners can share...

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced the sale of Magnolia Gardens, a 39-unit garden-style multifamily property in Texarkana, Texas.  Yonnic Land represented the seller, and Guillermo Gameros procured the...

Berkadia announces it has arranged the sale of Bend at Oak Forest, a 392-unit, garden-style multifamily workforce community located in Houston. Managing Director Jeffrey Skipworth, Senior Managing Directors Chris Curry and Todd Marix, Managing...

Californians for Homeownership, a nonprofit organization sponsored by the CALIFORNIA ASSOCIATION OF REALTORS (C.A.R.) that aims to address California's housing crisis through impact litigation, announced that it has filed lawsuits against the cities of Claremont, Fullerton and...

JLL Capital Markets announced that it has arranged the $26.9 million construction financing for Onyx on Park, a 61-unit, urban infill multihousing community located in the Hillcrest neighborhood of San Diego, California. JLL represented the...

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced that it had facilitated the sale of Glenwood Apartment Homes in Houston this week.  Bryce Smith represented the seller and procured the buyer.  “Our...

The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices rose 17.1 percent year-over-year in August and that they rose 0.1 percent from the month before. Both rates...

 Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Tommy Brunson, president of development and construction for Fairfield. Transcript: NAHB Power Hitters interview. Linda Hoffman with Tommy Brunson, recorded August 30, 2022 (music) Linda...

Berkadia announces it has arranged the sale of The Baldwin, a brand new, 270-unit Class AA garden-style apartment community in Orlando, Florida. Managing Director Brett Moss, Associate Director Tyler Swidler, Senior Managing Director Matt...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Hills at Hoover, a 320-unit multifamily asset in the highly...

Berkadia announces it has arranged the sale and financing of 5 Oaks, a 228-unit, multifamily community in Houston. Managing Director Jeffrey Skipworth, Senior Managing Directors Chris Curry and Todd Marix, Managing Directors Chris Young...

A Mortgage Bankers Association (MBA) report on commercial and multifamily mortgage debt holdings in Q2 2022 shows that banks and thrifts had the largest net increase in multifamily mortgage holdings for the third quarter...