Freddie Mac Launches Multifamily Giant PCs
Freddie Mac Multifamily announced the company will soon launch a new product offering, Multifamily Giant Participation Certificates (Multifamily Giant PCs), which are single-class pass-through securities collateralized by existing Freddie Mac Multi PCs® and/or Multifamily...
IPA Brokers Sale of 537-Bed Student Housing Asset Union on Lincoln Way Near Iowa...
Institutional Property Advisors, a division of Marcus & Millichap, has arranged the sale of Union on Lincoln Way, a 177-unit, 537-bed student housing community adjacent to the Iowa State University (ISU) campus in Ames, Iowa.
Peter...
TruAmerica Multifamily Adds to Nevada Portfolio with Acquisition of Parkway Townhomes in Henderson Nevada
TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, has expanded its Nevada multifamily portfolio with the acquisition of Parkway Townhomes, a property comprised of 234 townhomes located 2675 Windmill Parkway in Henderson, Nevada.
“Henderson, and...
JLL Closed the Sale of a 226-unit Apartment Complex Avalon Hackensack at Riverside in...
JLL Capital Markets announced the sale of Avalon Hackensack at Riverside, a multifamily community containing 226 apartment homes located at 414 Hackensack Avenue in Hackensack, New Jersey. JLL worked on behalf of the seller.
Residents...
The Devan Luxury Rental in Jersey City Unveils a Grand Opening of its Curated...
Development partners Fields Grade and Ursa Development Group left no stone unturned when it comes to world-class amenities at The Devan, the new collection of 336 luxury rental residences perfectly nestled on Jersey City’s...
Newmark Completes Sale and Financing of 290-Unit Value-Add Multifamily Asset Alister Sunset Valley Near...
Newmark announces it has arranged the sale and financing of The Park on Brodie Lane, a 290-unit multifamily asset located at 6607 Brodie Lane in Austin, Texas. The asset was rebranded to Alister Sunset...
Professionally managed apartments report lower vacancies than the broader market
Professionally managed apartments report lower vacancies than the broader market, according to data from RealPage and the U.S. Census Bureau.
Since 2010, the professionally managed segment of the multifamily industry has averaged five...
The Milestone Group Announces Acquisition of Axis Delray Beach Apartments in Delray Beach Florida
The Milestone Group (Milestone) announces its acquisition of the Axis Delray Beach Apartments, a 488-unit, garden-style multifamily community located at 1495 Spring Harbor Drive in Delray Beach, Florida. The purchase price was not disclosed.
“The...
Lincoln Avenue Communities Breaks Ground on Affordable Housing Development The View and The Victoria...
Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, celebrated their groundbreaking yesterday on the future site of The View and The Victoria at Huxley Yards, during a ceremony with LAC...
Thompson Thrift Hosts Ribbon Cutting for Luxury Apartment Community Alta25 Near Colorado Springs
Thompson Thrift, a full-service nationally recognized real estate company and one of the nation's leading multifamily developers, hosted a ribbon cutting for Alta25, a 264-unit Class A multifamily community in the Colorado Springs suburb...
Toll Brothers Apartment Living Opens New Luxury Community Lyle in Dallas Texas
Toll Brothers Apartment Living, the rental division of Toll Brothers, Inc., the nation's leading builder of luxury homes, in partnership with Equity Residential, is pleased to announce the opening of Lyle located at 17727...
Greenbrook Acquires & Renovates Uninhabitable Building and Corrects 179 Dangerous Violations in Park Slope...
Greenbrook Partners, a vertically integrated real estate investment manager headquartered in New York City, announced the completion of a residential project at 377 13th Street in Park Slope, Brooklyn, and with it, the removal...
Wood Partners Commences Construction on Alta Trilogy in Longwood Florida Near Orlando
Wood Partners, a leading national developer of multifamily real estate, is pleased to announce the commencement of construction on Alta Trilogy, its latest community in the City of Longwood, Florida.
"Alta Trilogy represents the latest...
MassHousing Has Closed on $8M in Affordable Housing Financing to MCO for the Development...
MassHousing has closed on $8 million in affordable housing financing to MCO & Associates, Inc., which is currently building 32 new mixed-income cottage-style rental homes in Lancaster, Massachusetts.
The MCO Cottage Rentals will encompass 18...
Woodfield Development Secures $53.7M in Financing for Margaux Midtown in Nashville
Woodfield Development, a top 20 NMHC top developer of multifamily communities, has secured a $53.7 million senior loan for Margaux Midtown, a luxury apartment community in Nashville, Tennessee.
Financing was provided by the BWE’s proprietary...
