Cantor Fitzgerald and Silverstein Properties Announce Joint Venture with Turnbull Development, LLC for Opportunity...
Affiliates of Cantor Fitzgerald, L.P., ("Cantor Fitzgerald"), a leading global financial services firm and real assets investment company, and Silverstein Properties ("Silverstein"), a leading global full-service real estate development, investment, and management firm, announced...
Vista Residential Partners Announces Groundbreaking for Main Street Vista, a 277-Unit Mixed-Use Community Near...
Vista Residential Partners, a national multifamily development firm, has broken ground on 11.7 acres on the corner of N. Main Street and Holly Springs Road in Holly Springs, North Carolina, for the development of...
Subtext to Bring Elevated Student Living to the University of South Carolina with VERVE...
Subtext, a national student and multifamily real estate company, recently acquired 3.84 acres located at 450 Blossom Street in Columbia, South Carolina, for the construction of VERVE Columbia.
The four-story student housing community is located...
JLL Facilitates the Sale of a 296-unit Apartment Community Mount Laurel Crossing in Mount...
JLL Capital Markets announced the $80 million sale of Mount Laurel Crossing, a 296-unit apartment community located in Mount Laurel, New Jersey.
JLL represented the seller in this transaction, while Colony Hills Capital, based in...
Berkadia Secures $39.9M in Financing for Brantley Pines Apartments in Fort Myers
Berkadia announced the financing of Brantley Pines Apartments, a 296-unit apartment community located in Fort Myers, Florida.
Senior Managing Director Mitch Sinberg, Vice President Michael Basinski, and Managing Directors Brad Williamson and Scott Wadler of...
Newmark Arranges Sale and Financing of 135-Unit, 267-Bed Student Housing Asset 21 Pearl at...
Newmark announces it has facilitated the sale and financing of 21 Pearl, a 135-unit, 267-bed student housing asset in Austin, Texas. The asset was more than 99% occupied at the time of sale and...
Multifamily construction spending trending lower in May
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in May was down 0.02 percent from the revised level of the month before. Spending on...
NewPoint Provides $22.3M in Freddie Mac Workforce Housing Preservation Financing for Maryland Multifamily Communities...
NewPoint Real Estate Capital has provided $22.3 million in Freddie Mac Workforce Housing Preservation financing to NOVO Properties to refinance Tudor Place Apartments and Canonbury Square Apartments – neighboring garden-style multifamily communities located in...
JLL Closed on Sale and Secures Acquisition Financing for the 202-unit Apartment Community Vineyard...
JLL Capital Markets announced that it has closed the sale and secured acquisition financing for Vineyard Hills Apartments, a 202-unit, 2000-vintage, garden-style apartment community located in Southwest Austin, Texas.
JLL Capital Markets worked on behalf...
Landmark and W5 Group Partner on 600+ bed State of the Art Student Housing...
Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, together with W5 Group, a leading global investor in Innovative Living projects, has closed on its...
Morgan Properties Expands Pennsylvania Portfolio with Acquisition of 11 Multifamily Communities from DePaul Management...
Morgan Properties, the nation’s largest private owner of multifamily communities, announced that it has acquired an 11-property portfolio of apartments located throughout the state of Pennsylvania from the original developer and owner – The...
IPA Capital Markets Arranges $30.5M Construction Financing for New Luxury Greensboro Apartment Complex Brooks...
Institutional Property Advisors, a division of Marcus & Millichap, specializing in capital markets services for major private and institutional clients, announced the $30.5 million construction financing of Brooks North Apartments, a ground-up development of a...
Rents continue to trail last year’s levels
The latest rent report from Apartment List shows that the national median monthly rent growth in June was +0.4 percent. Year-over-year rent growth was -0.7 percent. Rents have now fallen on a year-over-year basis...
Knightvest Capital Acquires Multifamily Community Encore Apartments in North Texas
Knightvest Capital, a vertically integrated multifamily investment firm, announced the acquisition of the Encore Apartments, located in the Legacy area of Plano in North Texas.
The Encore is a three-story, 240-unit community of one- and...
JLL Arranged the Investment for the $12.7M Development of the Waldo District Multifamily Community...
JLL Capital Markets announced that it has arranged a $12.7 million equity investment for the construction of Waldo District, an approximate 283-unit, Class A multifamily community in the Waldo neighborhood of Kansas City, Missouri.
JLL worked...
