Sunday, July 6, 2025

News

Chapter Ann Arbor

CRG and Shapack Close on Prime Development Site for 625-Bed Student Housing Project Chapter...

CRG, the national real estate development and investment firm, and co-developer Shapack Partners announced they have closed on the site and secured full construction financing for Chapter Ann Arbor, a 19-story, 183-unit (625-bed) high-rise...
The Pearl at Station Bay

BNE Real Estate Group Debuts The Pearl at Station Bay in New Jersey

BNE Real Estate Group, together with South Amboy city officials, cut the ribbon on The Pearl at Station Bay, a striking new community of 205 thoughtfully designed rental residences set between the city's NJ...
Skyline Towers Newark

Marcus & Millichap Exclusively Lists 2,438-Unit Skyline Towers Newark with Approvals for Adaptive Reuse...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the exclusive listing of Skyline Towers Newark, the headquarters of IDT Corporation and a...
Averly East Village

ECI Group Celebrates Opening of 335-Unit Averly East Village Apartments in Roswell Georgia

ECI Group (ECI), with joint venture partner Phoenix Capital, recently celebrated the grand opening of the $101 million luxury apartment development, Averly East Village, in the rapidly growing northern Atlanta city of Roswell near...
Arbor Ridge

Gantry Secures $16.25M Permanent Loan to Refinance Sacramento Multifamily Property Arbor Ridge II

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $16.25 million permanent loan to refinance the Arbor Ridge II apartments located at 4440 Oakhollow Drive in Sacramento in the...
ReNew Danbury

JLL Facilitated the Trade of Garden-Style Apartment Complex ReNew Danbury in Connecticut

JLL Capital Markets announced that it has arranged the successful sale of ReNew Danbury, a 192-unit multifamily community in Danbury, Connecticut. ReNew Danbury, located at 10 Clapboard Ridge Road, sits conveniently near I-84 and SR-7...
3850 Blake

JLL Secures $65.5M in Construction Financing for Luxury Multifamily Development 3850 Blake in Denver’s...

JLL Capital Markets announced that it has secured a $65.5 million construction financing for 3850 Blake, a 310-unit, Class A multifamily development in Denver's River North Art District (RiNo). JLL represented the borrower, Formativ. 3850 Blake,...
Ellery Apartments

The Griffith Pepdjonovic Group of Marcus & Millichap Closes $6.65M Harvard Square Sale of...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Ellery Apartments, a 14-unit multifamily property located at 84-86 Ellery Street...
Connecticut Multifamily Portfolio

$121M Sale of 693-Unit Four-Property Connecticut Multifamily Portfolio Brokered by IPA

Institutional Property Advisors (IPA), a division of Marcus & Millichap, dedicated to serving the company’s institutional clients, announced the sale of the Central & Southeast Connecticut Multifamily Portfolio, a four-property, 693-unit multifamily portfolio spanning...
FHLBank

FHLBank San Francisco Invests $52.6M to Preserve Affordable Housing in San Francisco

The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) announced a $52.6 million investment in a Fannie Mae bond issuance that will support the continuing affordability of 230 housing units for very...
One Big Beautiful Bill Act

One Big Beautiful Bill Act Will Spur Economic Growth

Buddy Hughes, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Lexington, North Carolina, issued the following statement after the Senate passed the One Big Beautiful Bill...
job openings rise in May

Job openings rise in May but not for multifamily

The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of total non-farm job openings in May rose to 7.77 million. However, job openings in...
Post District

Walker & Dunlop Arranged $170M Financing for Class A Mixed-Used Project Post District in...

Walker & Dunlop, Inc. announced that it secured $170 million to refinance Post District, a Class A, mixed-use complex containing 580 residential units located in Downtown Salt Lake City, Utah. Walker & Dunlop New York...
Montane Apartments

Bell Partners Acquires Denver Area Multifamily Community Montane Apartments, now Bell Parker Ranch

Bell Partners (the "Company"), one of the nation's largest apartment investment and management companies, announced it has acquired Montane Apartments, a 400-unit apartment community located in Parker, Colorado. "Bell Parker Ranch is located in one...
Livana Livingston

Kushner Breaks Ground on New Market Rate and 55+ Rental Community Livana Livingston in...

Kushner broke ground June 26th on Livana Livingston, a distinctive new multifamily development rising on West Mt. Pleasant Avenue that will introduce two thoughtfully planned rental buildings, one designed for residents 55 and better...
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