Haven Realty Capital adds to single family rental portfolio with $23 million acquisition of...
Haven Realty Capital has expanded its Single Family Rental portfolio after closing on the completed first phase of its $23 million acquisition of Windermere Trails, a 54-home dedicated rental community (DRC) now under construction...
Sale and financing of multihousing community in central Texas closes
JLL Capital Markets announced that it has closed the sale of and arranged acquisition financing for The Remington, a 200-unit, garden-style multihousing community in the central Texas city of Killeen, Texas. JLL marketed the property...
Sponsored: The Grand Reopening: A New Wave of Renters is Coming
Waves on the beach aren’t the only thing making a splash this summer. There’s a surge of renters about to pack up and move to new apartments. A recent Apartments.com survey of over 35,000...
Beach Real Estate Funds acquires Asheville, North Carolina apartments
Beach Investment Fund LP, through its manager, Beach Real Estate Funds (BREF), both affiliates of The Beach Company, announced the July 29 acquisition of The Northside at Merrimon (Northside), a 166-unit garden-style multifamily community...
Parkview Financial provides $25.5 million construction loan for adaptive reuse of historic 10-story building...
Parkview Financial announced it has provided a $25.5 million construction loan to Orchestra Partners Development for the conversion of the Frank Nelson Building in Birmingham, AL. The 10-story, 79,000-square-foot (sf) historic office building will...
Trez Capital’s equity investments partnership program completes sale of project in Desoto, Texas
Trez Capital is pleased to announce the sale of The Beacon on Westmoreland, in Desoto, Texas. The Beacon at Westmoreland was built in partnership with Thompson Realty Capital, LLC on a 10.41-acre tract of...
Cushman & Wakefield represents DLS Partners in $13 million sale
Cushman & Wakefield announced that Executive Directors Nick Meoli and Mike Donaldson have represented DLS Partners in its disposition of Hamlet Cove, a multifamily community in Gainesville, Florida. Greenberg Apartment Communities acquired the asset...
Marcus & Millichap brokers sale and secures financing for West Houston multifamily asset
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale and acquisition financing of Territory at Greenhouse, a 288-unit luxury apartment complex...
The Multifamily Group brokers 28 units in Richardson, Texas
The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week it has facilitated the sale of the Parkwood Apartments in Richardson, Texas. Yonnic Land represented local sellers, and Jon Krebbs...
Power Hitters with Tom Tomaszewski
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Tom Tomaszewski, President, The Annex Group. Transcript: NAHB Power Hitters interview. Linda Hoffman with Tom Tomaszewski, recorded July 22, 2021 (music) Linda Hoffman: Residential housing...
$49 million acquisition financing secured for the Aspire 7th & Grant apartments in Capitol...
JLL Capital Markets announced it secured a $49 million acquisition financing for the Aspire 7th & Grant, a newly constructed, luxury multihousing property with ground-floor retail located in the Capitol Hill submarket of Denver,...
CGI+ acquires 712-unit apartment portfolio in Atlanta for $144.75 million
In what is believed to be the largest multifamily transaction in Atlanta in 2021, CGI+ Real Estate Strategies (CGI+), in partnership with a family office, has acquired a two-property, 712-unit multifamily portfolio in Atlanta,...
Cushman & Wakefield arranges $20 million sale on behalf of 3T Country Club Village...
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Village at Boca East, an 84-unit apartment community located in Boca Raton, Florida. The final sale price...
Housing affordability plunges on soaring material costs, rising home prices
Soaring building material costs, high demand and low inventory have added tens of thousands of dollars to the price of a new home and caused housing affordability to fall to its lowest level in nearly a decade...
Residential construction spending continues to rise
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in June was up 1 percent month-over-month and up 29 percent year-over-year. However, the apparent strength of...