CoStar: multifamily property prices continue to decline in August
CoStar reported that its value-weighted index of multifamily property prices fell month-over-month in August, dropping 1.31 percent, its sixth consecutive monthly decline. However, CoStar reported that this index was still up 1.84 percent year-over-year.
By...
Woodmont Properties Launches Leasing for New Villa Homes and Apartment Flats at Woodmont Valley...
Woodmont Properties, a leading owner, developer and manager of multifamily and commercial properties throughout the U.S., announced the official launch of leasing for the newest phase of Woodmont Valley at Lower Macungie (Woodmont Valley),...
DCHFA Announces Funding for 67 New Affordable Apartments at Wagner Senior Residences in Ward...
The District of Columbia Housing Finance Agency (DCHFA) issued $22.6 million in tax exempt bonds, underwrote $17.2 million in federal and $3.6 million in DC Low Income Housing Tax Credit equity for the construction...
Walker & Dunlop Arranges $156M Refinancing for Five Property Portfolio in Southeast US
Walker & Dunlop, Inc. announced that it has arranged $156,621,000 to finance multifamily communities for a five property portfolio located throughout the Southeast and Texas.
The five transactions, completed year-to-date, represent 1,351 units across four...
Legacy Partners and PGIM Acquire 320-unit San Gabriel Apartment Community Citrus Place for $92M
Legacy Partners ("Legacy"), a privately held national real estate firm, together with venture partner PGIM, announced the acquisition of University Village, a 320-residence garden-style apartment community in Azusa, California. The seller was Azusa Pacific University,...
Greystone Provides $46.9M in Freddie Mac Financing for Houston Multifamily Portfolio
Greystone, a leading national commercial real estate finance company, has provided $46,972,000 in Freddie Mac financing to refinance a two-property multifamily portfolio totaling 674 units in Houston, Texas.
The two Houston properties offer residents a...
JLL Completes Sale of 322-unit Garden-Style Apartment Community The Jax in San Antonio
JLL Capital Markets announced the sale of The Jax, a 322-unit garden-style multifamily community located at 12222 Vance Jackson Road in Northwest San Antonio.
JLL represented the seller in the sale to Kairoi Residential.
Built in...
Marcus & Millichap Brokers $12.54M Sale of 63-Unit Residences on 16th Apartments in Naples
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Residences on 16th, a 63-unit multifamily community in Naples, Florida.
"While we encountered...
Marcus & Millichap Facilitates Sale of Multifamily Property on Lower East Houston Street in...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the $7,250,000 sale of a 17-unit multifamily building at 269-271 East Houston Street in...
Berkadia Secures $14.7M in Financing for 3617 Venice and 641 N Hobart in Los...
Berkadia, a distinguished leader in the commercial real estate industry, proudly announced the successful financing of two multifamily properties: 3617 Venice, a 28-unit building, and 641 N Hobart, a 16-unit mid-rise, both located in...
Berkadia Arranges Acquisition Loan for New BTR Community Laurel Lakes in Tampa Metro
Berkadia, a distinguished leader in the commercial real estate sector, announces that it arranged acquisition financing for Bayshore Investment Partners LLC (BIP) to acquire Laurel Lakes, a brand-new, build-to-rent (BTR) community consisting of 68...
Greenstone Partners Brokers $2.3M Sale of Turnkey Multifamily Asset on Erie Street in Chicago’s...
Greenstone Partners successfully completed the sale of 1151 West Erie Street, a nine-unit multifamily property located at the edge of Chicago’s West Town and Fulton Market neighborhoods.
The historic Erie Street property, built in 1883,...
Kidder Mathews Completes Exchange of 4-Property Portfolio into 243-Unit The Postmark Apartments North of...
The Simon | Anderson Multifamily Team at Kidder Mathews completed a successful exchange on behalf of longtime client John Stephanus, selling four legacy properties in the Seattle area and purchasing The Postmark Apartments, a...
Essex Realty Group Facilitates $1.7M Sale of 57th Street Multifamily Property on Chicago’s Southwest...
Chicago-based multifamily brokerage firm Essex Realty Group, LLC is pleased to announce the successful sale of 7349 W. 57th Street, the 17-unit apartment building is located in the heart of Summit, Illinois.
The vintage property...
Center Park Group Announces that Vertical Construction Advances at The Groves
Center Park Group, a premier general contractor and homebuilder specializing in build-to-rent (BTR) development throughout the Southeast, announces that vertical construction is underway at The Groves, an 82-unit BTR townhome community located adjacent to...
