CBRE Arranges Sale of 1,610-Unit Multifamily Portfolio Wings 914 in Des Moines Metropolitan Area
CBRE has arranged the sale of the Wings 914 Portfolio, a six-property, 1,610-unit multifamily portfolio in the Des Moines metropolitan area. The transaction marks the largest multifamily deal ever recorded in the state of...
Study finds regulations on apartment operations lead to higher rents
Regulations designed to protect renters from discrimination and eviction are having the unintended consequence of driving up rents for the very people they aim to help, according to a comprehensive new study of rental...
Multifamily real estate investment rises in Q2
Commercial real estate's multifamily sector delivered a tale of two markets in the second quarter, with robust annual growth masking quarterly volatility as investors navigated policy uncertainty and shifting lending conditions according to a...
Innovative Housing Opportunities Breaks Ground on New Affordable Multifamily Development in Anaheim Named Lincoln...
Furthering Anaheim’s Rebuild Beach initiative, Innovative Housing Opportunities (IHO) launched construction on an intergenerational 47-unit affordable housing community located at 208 So. Beach Blvd. The 28,327-square-foot property, called Lincoln Beach, will house low-income seniors...
Weidner Acquires 349-Unit Cedar Park Rental Property The Alden at Cedar Park in Cedar...
Weidner Apartment Homes purchased The Alden at Cedar Park, a 349-unit asset in Cedar Park, Texas. Starlight Investments sold the property. The community was 95 percent occupied. Cedar Park is NW of Austin.
Multihousing News...
Crow Holdings Secures $52M Refinance for 256-Unit Westminster Multifamily Property Canyon Reserve at the...
Mesa West Capital provided $52 million in short-term debt to an affiliate of Crow Holdings to refinance Canyon Reserve at the Ranch, a 256-unit multifamily property in Westminster, Colo. Crow bought the property in...
Meridian Capital Group Arranges $22.2M Loan for Fractured Multifamily Condo Trantor Atlantic Lofts in...
Meridian Capital Group, a leading national commercial real estate finance and advisory firm, has arranged $22.2 million in financing for a fractured portfolio located at 232 19th Street NW in Atlanta, GA. The portfolio,...
Beacon Rail District Opens as the First Luxury Apartment Community in Frisco’s Historic Rail...
The highly anticipated Beacon Rail District luxury apartment community is now open in the heart of Frisco's historic Rail District, marking a significant milestone in the city's multi-million downtown revitalization plan. As the first...
LRT Company Launches $20.55M All-Cash DST Offering Near Providence Rhode Island
LRT Company, a land acquisition and real estate investment firm that specializes in complete land entitlements, ground lease financing and is a sponsor of Section 1031 exchange investment offerings, announced that it has launched...
Watercrest Senior Living Awarded New Management of Juniper Village Launches Rebranding as Sage Park...
Watercrest Senior Living Group was recently awarded management of the senior living community formerly known as Juniper Village at Lincoln Heights located in San Antonio, Texas. As of August 1st, Watercrest Senior Living...
VF Developments Completes Five Multifamily Property $7.8M Refinance in Los Angeles with Regional Bank
VF Developments, LLC, a minority and female owned and run company, has completed a refinance of five multifamily properties in central Los Angeles with new loans totaling $7.8 million.
Axos Bank provided the takeout refinance...
The Menkiti Group Announces Strategic Partnership with VPG to Preserve Affordable Housing in New...
The Menkiti Group, a DC-based, minority-owned real estate firm, announced its recent strategic partnership with VPG to acquire Arbor Place Apartments, a 136-unit multifamily property located in Terrytown, LA. Located just outside of New...
BSR Real Estate Investment Trust Acquires The Ownsby in Dallas-Fort Worth for $87.5M
BSR Real Estate Investment Trust ("BSR" or the "REIT") (TSX: HOM.U) (TSX: HOM.UN) announced that it has purchased The Ownsby Apartments ("Ownsby") in the fast-growing Celina, TX submarket of the Dallas-Fort Worth MSA for...
FAVO Capital Acquires 1818 Park in $190M Transaction
FAVO Capital, Inc. (OTC: FAVO), a diversified finance company providing alternative revenue-based funding solutions to small and medium-sized businesses (SMBs), announced that it completed a $190 million all-stock and assumption-of-liabilities acquisition of 1818 Park,...
ARK Homes For Rent Commences Leasing at Single-Family Rental Community The Station at Kentmere
ARK Homes For Rent™, a leading Single-Family Rental (SFR) and Built-to-Rent (BTR) home operator, announced the commencement of leasing at The Station at Kentmere, a newly completed single-family residential community.
"The Station at Kentmere is...
