News

Newmark announces the sale of Brisa Townhomes, a 126-unit townhome community located at 4810 Brisa Way in Bee Cave, Texas, just west of Austin. The community has been renamed Avalon Townhomes at Bee Cave. Newmark...

Affordable Housing and Services Collaborative, Inc. (AHSC), a nonprofit organization that owns and develops affordable rental communities, announces its near completion of Prospect Estates in Webster, Massachusetts, a 25-unit affordable housing community that is...

JLL Capital Markets announced that it has secured a $110 million loan for Soleste NoMi Beach, a 367-unit Class A multifamily community in North Miami Beach, Florida. JLL represented the borrower, The Estate Companies, in...

Calmwater Capital has provided Moderne Communities with a $41.1 million loan to refinance a 224-unit build-to-rent community, Moderne at Rocking K, in Vail, Arizona. The two-year senior loan is secured by Moderne at Rocking K...

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $27.8 million permanent loan to refinance the R3 by CLG apartment building located in Marina del Rey near Los Angeles. The...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 1004 Des Plaines Avenue, a 15-unit apartment property located in Forest...

Yardi Matrix reported that the national average asking apartment rent was down $3 in October compared to the revised level of the month before at $1,748 per month. The national average year-over-year asking apartment rent...

Trepp reported that delinquency rate for multifamily commercial mortgage-backed securities (CMBS) loans fell in October, breaking a string of 5 consecutive monthly increases. However, the overall CMBS delinquency rate continued to rise, climbing 28...

Dominium, a leading affordable housing owner, developer and manager announced that it has closed a deal to acquire land for the development of Anchor at Gulf Harbors, a new community of affordable housing in...

The Preiss Company (TPCO), one of the nation’s largest, privately held student housing owner-operators, proudly announces the acquisition and rebranding of Elevate 231, now known as The Collective at Columbia. This premier, cottage-style community, located...

S2 Capital (“S2”), a national vertically integrated multifamily investment manager, announced its acquisition of ‘The Landing at Pleasantdale’ (“Pleasantdale”). It was acquired through CBRE in an off-market direct transaction. Other terms of the transaction...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Sterling Heights, a 96-unit apartment property located in St. Cloud, Minnesota. “The...

A joint venture between PCCP and Advenir Azora has announced the ground-up development of Leo at Wendell, a 206-unit, cottage-style built-for-rent (BFR) community located at 313 Old Battle Bridge Road in Wendell, North Carolina. The...

JLL Capital Markets announced that it has arranged a $30 million loan for Allez Apartments, a 148-unit luxury multifamily community in downtown Redmond, Washington. Located at 8397 158th Ave NE, Allez Apartments is strategically positioned...

Berkadia announced it has secured a $42.5 million bridge loan for Skye at Hunter’s Creek, a 216-unit garden-style multifamily property located in Kissimmee, Florida. Managing Director Brad Williamson of Berkadia Miami and Associate Director Wesley...