California Landmark Group Delivers M1byCLG Multifamily Development in the Silver Lake Neighborhood of Los...
California Landmark Group has completed the 100-unit M1byCLG (“M1”), the largest multifamily development in Los Angeles’ Silver Lake submarket since 2015. M1 is currently 60% leased.
M1byCLG represents California Landmark’s entry into one of Los...
The Michaels Organization Reveales New Affordable Senior Housing Community to Replace Ablett Village in...
The Housing Authority of the City of Camden (HACC), The Michaels Organization, and the New Jersey Housing and Mortgage Finance Agency (NJHMFA) cut the ribbon on the second of four phases in the $165...
ARCTRUST Launches Project Rendon LLC Offering to Fund Development of 288-unit Dallas Multifamily Community
ARCTRUST Private Capital, the capital markets division of the ARCTRUST Group of Companies, announced the launch of Project Rendon LLC, a Regulation D private placement offering available to accredited investors under Rule 506(c). Project...
Cushman & Wakefield Arranges Sale of Remington Ridge Multifamily Community in Weatherford Texas
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Remington Ridge located in Weatherford, Texas.
Asher Hall and Grant Raymond of Cushman & Wakefield represented the seller, Trinity...
Rent growth blooms in spring
Yardi Matrix reported that national average apartment rent was up $8 in March compared to the level of the month before at $1,721 per month. The national average year-over-year apartment asking rent growth was...
Sunrise of Oceanside Celebrates New Contemporary Community Offering Personalized Care and Vibrant Lifestyle to...
Sunrise Senior Living, a pioneer in personalized senior living services, proudly announces the grand opening of its newest community, Sunrise of Oceanside, situated at 4845 Mesa Drive in Oceanside, California.
With a rich legacy spanning...
Trilogy Investments Announces Construction for Build-To-Rent Community Rêve at Avondale Station Has Commenced
Trilogy Investment Company, a leader in Build-To-Rent (BTR) community development, announces that land development at Rêve at Avondale Station in Avondale, Arizona, is underway.
The 107-home BTR community, developed in collaboration with Pinnacle Partners, is...
New Section 8 income rule would cap rent growth for LIHTC properties
On January 9, HUD proposed changes to how they calculate Section 8 income limits. The summary of the change as posted on the Regulations.gov website read in part: “The United States Housing Act of...
Origin Credit Advisors Completes a $51.5M Construction Loan for Las Vegas Multifamily Project Nola...
Origin Strategic Credit Fund, a multifamily real estate credit fund, has agreed to provide a total of $61.3 million of construction debt and preferred equity financing for the development of Nola Sol, a multifamily...
Avatar Financial Group LLC Provides $6.5M for Bellfort Plaza Apartments in Southeast Houston
Avatar Financial Group LLC, a Seattle-based national hard money bridge lender for commercial real estate, has provided $6.5 million in financing for the 154-unit Bellfort Plaza Apartments. The multifamily community is situated in the...
Covenant Gardens Senior Apartments Affordable Housing Project Coming Soon to Southeastern Memphis
Christian Church Homes (CCH), in collaboration with New Covenant in Christ Ministries, Inc. (NCIC), is proud to announce the launch of the Covenant Gardens Senior Apartments project. This groundbreaking venture marks a significant stride...
Builder sentiment unchanged in April
Builder sentiment was flat in April as mortgage rates remained close to 7% over the past month and the latest inflation data failed to show improvement during the first quarter of 2024.
Builder confidence in...
Frankel Family Trust Announces 760-Unit Luxury Apartment Community Tuscany at Gabriella Pointe Breaks Ground...
The Frankel Family Trust – a privately-owned, multifamily property developer and owner – came together with Gilbert Mayor Brigette Peterson as well as general contractor CHASSE Building Team and other community and business leaders...
Wingspan Development Announces Sale of Sixteen30, a 284-Unit Luxury Rental Community in Chicago’s Southwest...
Wingspan Development Group, a national development firm, announced the sale of Sixteen30, a Class A apartment community of 284 units it developed in Plainfield, Illinois, about 40 miles southwest of Chicago. Menomonee Falls, Wis.-based...
Red Oak Capital Holdings Provides $6.3M to Refinance Jacksonville Adaptive Reuse of Laura Street...
Red Oak Capital Holdings, LLC has provided $6.3 million to refinance Laura Street Trio, a collection of assets in the core of Downtown Jacksonville, Florida.
The structures, considered to be among the most significant and...