News

A mix of public, private and grant financing is in place for the Jamaica Plain Neighborhood Development Corporation (JPNDC) to redevelop an underutilized Dorchester parcel into 48 new, deeply affordable and service rich apartment...

JLL Capital Markets and Impact Housing announced that they have arranged $112.225 million in financing for Mission Gorge, a modular, affordable housing multifamily development in San Diego, California. JLL worked on behalf of the borrower,...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Copper Ridge Apartments, a 325-unit multifamily property in Renton, Washington. “Located in the Talbot Road submarket, which boasts some of the...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Summerwood Apartments, a 468-unit multifamily property located at 444 Saratoga Avenue in Santa Clara, California. The property sold for...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Hampton Meridian, 195-unit build-to-rent (BTR) property in Apache Junction, Arizona. The asset sold for $56.5 million. “Hampton Meridian offers high-quality homes...

FCP® is pleased to announce the acquisition of Alexan Miramar Apartments, a newly constructed 250-unit multifamily community located at 3155 SW 147th Terrace in Miramar, Florida, part of the thriving Broward County market. “Alexan Miramar...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $3.43 million sale of an eight-unit rental property at 2501 N. Southport Avenue in Chicago’s Lincoln Park neighborhood. The transaction...

The Census Bureau’s new residential construction report stated that multifamily permits jumped higher in November but both starts and completions were sharply lower month-over-month. Multifamily permits rebound The number of permits issued for buildings with...

Newmark Group, Inc., a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the completion of a landmark $525 million refinancing on behalf...

AVA Ballard, a 265-unit multifamily community in Seattle, has traded hands in a recent transaction worth $105.5 million, or $398k/unit. The asset, located at 5555 14th Avenue NW, was sold by AvalonBay Communities. AVA Ballard,...

Up Campus Living, a leading development and property management company specializing in student housing and near-campus real estate, is proud to announce plans for its 27th development: Blume on 16th. Blume on 16th will accommodate...

Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground on the Residences at Government Center II during a ceremony with LAC leaders, local lawmakers and partners, including Virginia Housing,...

Green Courte Partners, LLC ("GCP"), a private equity real estate investment firm focused on building industry-leading companies within niche real estate sectors, announced that its sixth investment fund, Green Courte Real Estate Partners VI,...

The Annex Group®, a leading impact housing developer that creates affordable, workforce, student and market-rate housing communities, announced plans for a new affordable housing community Union at the Marina consisting of 201 units in...

The Bascom Group, LLC ("Bascom") has acquired 2300 Elliott, a 92-unit multifamily community located in the high-growth city of Seattle, Washington. Jamie Kline and Annie Rice with JLL arranged debt financing for the buyer. Chad...