Related Midwest Celebrates Groundbreaking of 400 Lake Shore, a Two-Tower Residential Development in Downtown...
Related Midwest welcomed more than 200 guests, including city and state elected officials, project partners, labor leaders and community stakeholders, to celebrate the groundbreaking of phase one of 400 Lake Shore in downtown Chicago.
The...
The IDI Group Companies and PTM Partners Secure $60M in Financing for Viridium in...
The IDI Group Companies (IDI), a premier developer of multifamily communities in the Washington, D.C. area, and PTM Partners (PTM), a real estate development and investment firm and one of the largest Opportunity Zone...
Institutional Property Advisors Closes the Multifamily Asset Sale of Villas at Sundance in the...
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Villas at Sundance, a 252-unit multifamily asset in New Braunfels, Texas.
“One of the fastest-growing cities in the nation, New Braunfels’ population has...
LA County extends rent increase cap
The Los Angeles County Board of Supervisors extended their 4 percent cap on rent increases for certain properties for another 6 months. The cap is now expected revert to its former level at the...
Gilbane to Develop $100M Purdue University Student Housing Project
Providence, Rhode Island-based builder Gilbane is developing a four-story, 213,000-square-foot apartment complex on Purdue University’s Fort Wayne, Indiana, campus, as part of a public-private partnership. The project will cost $90 million to $100 million.
Gilbane...
Institutional Property Advisors Closes Multifamily Asset Sale of The Falls at Canyon Rim in...
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of The Falls at Canyon Rim, 288-unit apartment property in Ogden, Utah.
“Lower apartment rents than in other major U.S. markets are attracting many...
Marcus & Millichap Facilitates $9.93M Sale of 28-Unit Apartment Building Silver Bluff Underline in...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Silver Bluff Underline, a 28-unit apartment building in Miami, Florida for...
Institutional Property Advisors Brokers $64M Sale of The 242-unit Livano Deer Valley Multifamily Property...
Institutional Property Advisors, a division of Marcus & Millichap, brokered the sale of The Livano Deer Valley, a 242-unit multifamily property in Phoenix, Arizona.
The $64 million sales price equates to $264,463 per unit. Steve Gebing...
Milhaus and BAM Capital Break Ground on 272-unit Class A Nox Apartment Complex in...
Milhaus, a multifamily developer, owner and operator, has partnered with real estate investment firm BAM Capital to break ground on Nox, a new apartment community in suburban Pittsburgh’s Robinson Township. First Merchants Bank is...
BWE Arranges the Refinancing of Two Multifamily Communities Along the Southern Atlantic Coast for...
BWE has secured two loans totaling $70.9 million to refinance Accent Southrail, a 304-unit, mid-rise multifamily development in Charlotte, North Carolina and Sedgefield Apartments, a 280-unit multifamily development in Marietta, Georgia.
BWE’s Atlanta office secured...
CBRE Acquires Trophy Multifamily Asset Utama Royale Apartments in Beverly Hills for $28M
CBRE and Carolwood Estates recently brokered the sale of Utama Royale, a luxury, 18-unit multifamily building located at 10351 Wilshire Boulevard between Beverly Hills and Westwood in Los Angeles.
The property was acquired for $28...
Wood Partners Brings More Living Options to Orlando with V by Alta
Wood Partners, a leading national multifamily developer, has started construction on V by Alta (pronounced "Five" by Alta), a luxury apartment community located at 10149 Arise Loop in Orlando. V by Alta will be...
Construction material prices flat in May despite jump in copper wire prices
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction material prices were unchanged month-over-month in May on a seasonally adjusted basis. However, the change in construction material...
JLL Arranges Financing for the 60-unit Benjamin Square Multifamily Community in Eaton Colorado
JLL Capital Markets announced that it has arranged $5.8 million in financing for Benjamin Square, a 60-unit affordable housing community in Eaton, Colorado.
JLL represented the borrower, Brikwell, to secure the fixed-rate senior loan through...
Toll Brothers Apartment Living and PGIM Announce Grand Opening of the New Luxury Apartment...
Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, Inc., the nation's leading builder of luxury homes, along with joint venture partner PGIM, announced the grand opening of The Laurent, a new seven-story,...
