Thursday, October 23, 2025

News

Whispering Pines

Marcus & Millichap Arranges $2.86M Sale of 48-Unit Multifamily Property Whispering Pines in Rural...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Whispering Pines, a 48-unit multifamily property in Paulding, Ohio, for $2,855,000. "We...

Multifamily CMBS special servicing rate falls as others rise

Trepp reported that the special servicing rate for multifamily commercial mortgage-backed securities (CMBS) loans fell in September. The rate has occupied a narrow range for all of 2025. By contrast, the overall CMBS special...
Prisma Loft Apartments

SVA Architects and National CORE Deepen Partnership as Prisma Loft Apartments Breaks Ground

SVA Architects, along with development partners National CORE and Arteco Partners, recently celebrated the Groundbreaking of Prisma Loft Apartments in downtown Pomona, California. Located at 501 E. Mission Boulevard, Prisma Loft Apartments is part of...
Bryant at Yorba Linda

Walker & Dunlop Arranges $146M Refinancing on Bryant at Yorba Linda Apartments near Anaheim

Walker & Dunlop, Inc. announced that it arranged $145,750,000 in first mortgage and preferred equity to refinance Bryant at Yorba Linda, a 400-unit multifamily community, located in California. Chris Botsford and Jeff Burns of Walker...
Ironwood at Waldorf Station

Luxury Apartment Living Arrives in Charles County with The Ironwood at Waldorf Station

Greenberg Gibbons and MCB Real Estate are pleased to announce that The Ironwood at Waldorf Station, a premier Class A apartment community, is now leasing. The community, conveniently based in rising hub Waldorf, Maryland,...
Village of the Pines

Hamilton Zanze Sponsors the Acquisition of Village of the Pines Apartment Community in Reno

Hamilton Zanze, a leading San Francisco-based multifamily real estate investment firm, announced it has sponsored the purchase of Village of the Pines, a garden-style apartment community in Reno, Nevada. The acquisition closed on Oct....
615 River Road

S3 Capital Originates $255M Construction Loan for Edgewater Multifamily Apartment Tower

The Maxal Group has closed on a $255 million construction loan for a planned 25-story, 381-unit apartment tower at a long-vacant and well-known parcel along the Hudson River in Edgewater. The lender, S3 Capital,...
San Juan  Del  Centro Apartments

Jonathan Rose Companies Buys Colorado Affordable Housing Community San Juan del Centro Apartments for...

New York City-based investment firm Jonathan Rose Cos. has acquired San Juan del Centro Apartments in Boulder from Related Cos. for $56 million. Jeff Irish and Jordan Skyles of Berkadia arranged the sale of the Section...
Taking Shape B1

CPC Mortgage Provides Financing for Wisconsin Housing Project Taking Shape B1

CPC Mortgage Company has structured a $16.4 million Freddie Mac Targeted Affordable Housing forward commitment for the permanent financing of Taking Shape B1, the first phase of Taking Shape, Our Triangle, a redevelopment in...
700 Broadway

Related California Announces Grand Opening of 700 Broadway on Site of Santa Monica Vons

Related California unveiled 700 Broadway, a new residential building with 196 premier rental homes that offer a reimagined vision of refined Southern California living. Rising eight stories high, the building delivers tailored studios, one, two...
ITC 62

Boston Financial Closes $237M Multi-Investor LIHTC Fund ITC 62

Boston Financial, an Orix company and the longest-standing syndicator focused exclusively on affordable housing, has closed on Boston Financial Institutional Tax Credits 62 Limited Partnership (ITC 62), a $237-million multi-investor Low-Income Housing Tax Credit...
Alderra Apartment Homes

Puyallup Washington Multifamily Community Alderra Apartment Homes Sells for Over $56M

Alderra Apartment Homes, a 200-unit garden-style multifamily community in Puyallup, Washington, sold for $56.45 million ($282k/unit). The property was sold by Auctus Capital Partners. Located at 13507 99th Avenue E in Puyallup, Alderra Apartment Homes...
vacant cost recovery

Taming the hidden drain

I love to use formulas and algorithms to make my life easier when it comes to budgeting. However, you need to be careful building these formulas; especially when it comes to your expense category...

Shorter apartment construction timelines noted

The time it takes to build new apartments ticked down slightly in 2024, though not all projects benefited from faster delivery. According to the U.S. Census Bureau’s 2024 Survey of Construction (SOC)—analyzed...
Cogir at Continental Ranch

Welltower Acquires Class A Senior Living and Memory Care Community Cogir at Continental Ranch...

Welltower Inc. (NYSE: WELL), one of the nation’s largest healthcare real estate investment trusts, has acquired Cogir at Continental Ranch, a premier Class A assisted living and memory care community located at 8689 N...
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