News

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Heron View, a 72-unit apartment property in Kenmore, Washington. The asset traded for $19,875,000, or $276,042 per unit. “An exceptionally well-located...

Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler announced the sale of Ellis Factory Lofts, a 59-unit, Class A apartment building in Haverhill, Massachusetts. CBRE represented the seller,...

Pennrose, Longmont Housing Authority (LHA), and project partners celebrated the groundbreaking of Ascent at Hover Crossing, a brand-new 75-unit affordable housing community in Longmont, Colorado. The $39 million development is expected to begin welcoming...

The Texas Rangers and The Cordish Companies are excited to launch exclusive hard hat tours of One Rangers Way, providing interested renters a first ever look inside Arlington’s new luxury residential community. Starting Tuesday, November...

The Lynd Group and Declaration Partners acquired their first distressed multifamily asset since creating a programmatic investment partnership in July. Along with Corten Real Estate, they bought a newly constructed 260-unit Class A luxury...

Dominium, a leading affordable housing owner, developer and manager announced that it has secured the financing for the resyndication of The Cesera, an affordable housing community for seniors in Garland, Texas. Nationwide, LIHTC is the...

Advance Realty Investors, a visionary developer and leader in creating vibrant urban communities throughout New Jersey, recently broke ground on a new boutique rental building located at 1404 Willow Avenue in Hoboken, New Jersey...

Legacy Place, Garden Communities' newest highly amenitized luxury rental development in Middlesex County, has reached a key occupancy milestone, with more than 90% of its residences leased and occupied less than one year after...

Foon Lok East, the fourth and final affordable housing development at Brooklyn Basin in Oakland, California, has been completed. MidPen Housing, in partnership with the City of Oakland and the Oakland Housing Authority, developed the...

Governor Kathy Hochul and New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas announced completion of The Plains, a 98-unit affordable housing development in the Wakefield neighborhood in the Bronx. The $51 million development...

Belveron Partners (“Belveron”), a privately held real estate investment management firm focused on the preservation and creation of affordable housing assets, has announced the final close of its seventh fund, Flagship Fund VII (“Fund...

The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices fell 0.3 percent in October from their level of the month before. Prices were down 6.1 percent from...

FCP® announces the sale of Villas at Princeton Lakes, a 210-unit apartment community in the South Fulton area of Atlanta to Monday Properties and RSN Property Group for $36.75 million. FCP acquired the property...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of three multifamily assets totaling 557 units in Tacoma, Washington for $102.6 million. The properties are Monterra, Miramonte, and Heatherstone Apartments. “Located...

Red Oak Capital Holdings, LLC has provided a $15.5 million bridge loan for Minnesota Commons Apartments in Washington, D.C. The funds will be used to acquire and rehabilitate the garden apartment community, which will...