Northmarq’s Newport Beach Debt + Equity Team Arranges $109M Freddie Mac Financing on SoCal...
Northmarq’s Newport Beach Debt + Equity team led by Alex Kane, Joe Giordani, Brendan Golding and Alvin Cao arranged financing for a $109-million portfolio featuring three multifamily communities in Orange and Los Angeles Counties....
PCCP Provides $42M Senior Loan for the Acquisition of a 341-Unit Heritage Plaza in...
PCCP has provided a $42 million senior loan to RPM Living Investments for the acquisition of Heritage Plaza, a 341-unit, Class A apartment community located at 227 Dwyer Avenue in downtown San Antonio, Texas.
Built...
PPR Capital Management Completes First Ground-Up Construction Project with The Residences at Rubi in...
PPR Capital Management (PPR), a private equity real estate investment firm, is pleased to announce the completion and lease-up of The Residences at Rubi, a newly constructed 101-unit mid-rise apartment community in Austin, Texas.
This...
Impact Pool Investment Will Preserve Affordable Housing in Arlington County with Haven Columbia Pike...
LEO Impact Capital, JBG SMITH’s workforce housing investment management platform, said the Impact Pool, an investment vehicle it manages, made a preferred equity investment in Haven Columbia Pike.
The income limits and maximum rents allowed...
Real Estate Firm PRC Acquires Affordable Housing Community Paulsboro Gardens Apartments in New Jersey
Real estate firm PRC has acquired a 150-unit apartment complex in Paulsboro, where it’s now planning a major update to help maintain the property’s affordable housing subsidies. The family-run firm, which is based in...
Jonathan Rose Companies Closes $660M Impact Fund Rose Affordable Housing Preservation Fund VI
New York-based Jonathan Rose Companies, a leading mission-driven real estate investment and development firm, has reached final close of Rose Affordable Housing Preservation Fund VI, a $660-million impact fund dedicated to acquiring, preserving, and...
3,000 Multifamily Apartments Proposed for Site of Former Flushing Airport
New York City Mayor Eric Adams unveiled a proposal to build approximately 3,000 homes and 60 acres of public space on the site of the former Flushing Airport in College Point, Queens. The development will...
Vesper Holdings and Fortress Investment Group Recapitalize Hawks Pointe at the University of Kansas
Vesper Holdings ("Vesper"), a privately-held real estate investment firm based in New York City, and funds managed by affiliates of Fortress Investment Group (“Fortress”), a leading global investment manager, have recapitalized Hawks Pointe, a...
EOM Realty Completes Sale of Newly Developed Oak Tree Plaza Apartments in Old Bridge...
CBRE has successfully closed the sale of Oak Tree Plaza Apartments, a newly constructed, 36-unit Class A residential property located at 600 Route 34 in Old Bridge, New Jersey. The property was acquired by...
Weak overall employment growth reported for August
The Employment Situation Report from the Bureau of Labor Statistics (BLS) stated overall employment growth slowed in August. The employment levels for the 4 multifamily-related jobs categories that we track were all lower than...
Pennrose Announces Maria Rodriguez as Vice President & Legal Counsel
Pennrose, a national leader in the development and management of high-quality mixed-income and mixed-use housing, has announced the appointment of Maria Rodriguez as vice president and legal counsel.
In this role, Maria Rodriguez will be...
JLL Welcomes Scott Smith to Growing Multifamily Valuation Team
JLL's Value and Risk Advisory platform announced that Scott Smith has joined the firm as a Senior Director based in Los Angeles. As part of the West Region multifamily team, led by Executive Director...
JLL Capital Markets Adds Jon Bryant and John Flaherty to New Multifamily Team in...
JLL Capital Markets announced that Jon Bryant and John Flaherty have joined the firm as Managing Directors. Together, they will co-lead the Multifamily Investment Sales and Advisory team throughout the New England market.
"We're excited to...
Waterton Names Industry Veteran John Gray as New Managing Partner, Chief Investment Officer
Waterton, a national real estate investor and operator, announced that after more than 40 years in real estate investment and 12 years of distinguished Waterton service, Rick Hurd will retire from his role as...
Kidder Mathews Welcomes Investments Specialist David Cutler in Silicon Valley
Kidder Mathews is pleased to welcome David Cutler as a Senior Vice President in Silicon Valley.
Over the course of his career, Cutler has completed more than 200 transactions totaling $1.4 billion in sales volume....
