Wednesday, May 14, 2025

News

East 7th Street

Merchants Capital Secures $32.9M for 60-Unit Affordable, Supportive Housing Development at East 7th Street...

Leading financial services provider Merchants Capital announced $32.9 million in financing for the construction of East 7th Street, a 60-unit affordable and supportive multifamily housing development in St. Paul, Minnesota. Merchants Capital provided $18.9 million...
Parker on Higley

JLL Secures $58M in Financing for The Parker on Higley in Phoenix

 JLL Capital Markets announced that it has arranged a $58 million financing for The Parker on Higley, a Class A, 261-unit multifamily development in Gilbert, Arizona. JLL worked on behalf of the sponsor, Artom Holdings...
4901 N Christiana Avenue

Interra Realty Brokers $3.75M Sale of 34-Unit Apartment Building on Christiana Avenue in Chicago

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it facilitated the $3.75 million sale of 4901 N. Christiana Avenue, a 34-unit apartment building in Chicago's Albany Park neighborhood. Interra Managing Partner Patrick...
Harbor Shores

Institutional Property Advisors Closes Houston Area Apartment Asset Sale of Harbor Shores

Institutional Property Advisors (IPA), a division of Marcus & Millichap, dedicated to serving the company’s institutional clients, announced the sale of Harbor Shores, a 284-unit multifamily asset in Montgomery, Texas. “This is the second sale...
Artistry Design District

McGrath Real Estate Partners Debuts the Artistry Design District

Houston-based McGrath Real Estate Partners announces Artistry Design District, their latest multifamily development, official grand opening. Conveniently located just inside Loop 610 in Houston’s Design District, the four-story, 400-unit community offers a perfect blend of...
One Dekalb

Institutional Property Advisors Brokers Multifamily Asset Sale One Dekalb in White Plains New York

Institutional Property Advisors (IPA), a division of Marcus & Millichap, dedicated to serving the company’s institutional clients, announced the sale of One Dekalb, a 76-unit boutique multifamily property in White Plains, New York. “One Dekalb...
Stonebriar Woods

Northmarq Secures a $52M Loan for 476-unit Stonebriar Woods Apartments in Overland Park Kansas

Northmarq's Kansas City office has arranged a $52 million permanent loan to refinance Stonebriar Woods, a 476-unit multifamily community located in the heart of Overland Park, Kansas — one of the most desirable suburban...
HelloData

Grace Hill Announces Strategic Acquisition of HelloData

Grace Hill, a leading provider of technology-enabled performance solutions for the real estate industry, announced the acquisition of HelloData, the leader in AI-driven market analysis solutions for multifamily owners and operators. The multifamily industry is...
Madison Grove

Madison Communities Celebrates Grand Opening of Madison Grove on Florida’s Space Coast

Madison Communities, an affiliate of Madison Capital Group, announces the grand opening of Madison Grove, a 292-unit luxury apartment community strategically located on Florida's fast-growing Space Coast. Just minutes from Cocoa Village, Kennedy Space Center...
Cincinnati leads in year-over-year rent growth

Redfin: April rents up for month but down for year

Redfin’s rent report for April says that the national median asking apartment rent rose 0.9 percent for the month to reach a level of $1,625. However, the median rent growth was -1.0 percent year-over-year. Varying...
Ocean Park Apartments

Tredway Announces Affordable Housing Acquisition Ocean Park Apartments in Far Rockaway section of Queens

Tredway, an affordable and mixed-income real estate developer that builds and preserves high-quality, high-opportunity housing, announced the acquisition of Ocean Park Apartments, a 602-unit, family-designated property located at 125 Beach 17th Street in the...
The Palms at Edgewater

URS Capital Partners Acquires The Palms at Edgewater a 288-Unit Class A Community in...

URS Capital Partners has successfully acquired The Palms at Edgewater, a 288-unit Class A multifamily community located in the rapidly growing Charleston suburb of Summerville, South Carolina. The $58.5 million transaction closed in under...
Elan Capital Hills

Suburban Sanctuary Elan Capital Hills Now Accepting Move-ins

Greystar, a global leader in the investment, development, and management of real estate, announced that Elan Capital Hills is now welcoming residents. "We're thrilled to be welcoming residents to Elan Capital Hills," William Barrett, Director...
Roselyn

Lennar Announces Grand Opening of Roselyn Bringing Active Adult Living to Lancaster South Carolina 

Lennar, one of the nation's leading homebuilders announced the grand opening of Roselyn, a brand new, master-planned Active Adult community designed for a 55+ lifestyle in northern Lancaster County. The grand opening will offer an...
Sunela

Harbor Group International Provides $64M Bridge Loan to Newly Built Sunela a Multifamily Property...

Affiliates of Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm announced it provided a $64 million senior loan to a joint venture between Greystar Development ("Greystar") and...
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