Logos Faith Development Secures Major Capital Commitment from Private Foundation to Accelerate Community Housing...
Logos Faith Development (Logos), a mission-driven real estate development firm specializing in transforming underutilized church land into community-centered affordable housing, has secured a strategic capital commitment from a private, values-aligned family foundation to support...
EAH Housing to Transform Assisted Living Facility into Parkview Glendale Affordable Housing Complex near...
EAH Housing, one of the largest and most respected non-profit housing development and management organizations in the western United States, announced plans for Parkview Glendale. In collaboration with Egan | Simon Architecture, Inc., a...
Interra Realty Brokers $9.625M Sale of 71-Unit Mixed-Use Building on Greenview Avenue on Chicago’s...
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $9.625 million sale of 6930 N. Greenview Avenue in Chicago's Rogers Park neighborhood.
Interra Managing Partner Patrick Kennelly represented the buyer,...
Multifamily starts forecast continues to rise
Revisions to Fannie Mae’s housing forecast in May call for more multifamily starts across the entire forecast horizon than in last month’s forecast. Fannie Mae is now predicting 371,000 starts in 2025 with 396,000...
EPA drops ESPM: prepare for the worst
Many of you have likely seen recent news reports from early May 2025 indicating that the ENERGY STAR program is facing elimination as part of a broader EPA reorganization. The reports are confirmed. This...
EPA drops ESPM: hope for the best
While concerns about the potential elimination or privatization of ENERGY STAR Portfolio Manager (ESPM) are understandable, the possible transition away from ESPM could, in fact, present opportunities for innovation, competition, and improved data management.
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CloudTen Announces Merger with Gaston Wilkerson
Following many months of planning, reorganizing and onboarding, Reno, Nevada-based CloudTen Residential has announced its merger with Reno-based multifamily management firm Gaston Wilkerson – creating a high-profile residential property management company with 210 employees...
Garden Communities Announces Orchid Park Luxury Rentals in Scotch Plains have Reached the 80%...
Orchid Park, a new luxury rental community in Scotch Plains developed by Garden Communities and Premier Development, has reached the 80% leased mark.
Located at 1325 Terrill Road in the heart of Union County, Orchid...
Institutional Property Advisors Closes Sale and Arranges Financing for Luxury Midrise Multifamily Asset Urbana...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, dedicated to serving the company’s institutional clients, announced the sale and financing of Urbana, a 289-unit, seven-story multifamily asset with 29,884 square feet of...
Gantry Secures $30.25M Permanent Loan for Kansas City Value Add Multifamily Property Black Lark...
Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $30.25 million permanent loan to refinance bridge financing for the Black Lark Apartments located at 1980 N. 2nd Street in...
Northmarq Completes $8.25M Sale of The Retro on 32nd Street Apartments in Phoenix
Northmarq's Phoenix Multifamily Investment Sales team led by Ryan Boyle, Trevor Koskovich, Jesse Hudson and Logan Baca successfully completed the $8.25 million sale of The Retro on 32nd Street, a 62-unit garden-style apartment community...
Marcus & Millichap Arranges $6.2M Sale of Timbercreek Townhomes and Villas in Royal Palm...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Timbercreek Townhomes and Villas, a 20-unit multifamily community in Royal Palm...
A sense of optimism at the MBA
The following is excerpted from remarks prepared for delivery by the Mortgage Bankers Association’s President and CEO Bob Broeksmit, CMB, at the 2025 Secondary and Capital Markets Conference:
My message today is simple. I’m going...
MidPen Housing and Partners Celebrate Completion of 147 Affordable Homes at Midway Village in...
Elected officials and public- and private-sector partners gathered here for a dual celebration: MidPen Housing’s grand opening of 147 affordable homes at Midway Village I and groundbreaking of 113 affordable apartments and a state-of-the...
IPA Capital Markets Arranges $720M Loan for Office-to-Residential Conversion of Former Pfizer Headquarters
IPA Capital Markets, a division of Marcus & Millichap, specializing in capital markets services for major private and institutional clients, announced the closing of a $720 million loan to a joint venture between Metro...
