News

Confidence in the market for new multifamily housing reflected mixed results year-over-year in the fourth quarter, according to the Multifamily Market Survey (MMS) released February 13 by the National Association of Home Builders (NAHB)....

Trepp reported that special servicing rate for multifamily commercial mortgage-backed securities (CMBS) loans fell slightly in January, declining by 30 basis points. It had risen for 5 months in a row. The overall CMBS...

Belmont Village Senior Living, an award-winning developer, owner and operator of senior housing, announced the opening of Belmont Village San Ramon (1000 Walnut Drive), its fifth Bay Area development and 16th California community, developed...

A 294-unit apartment complex located on Easton Street west of Chicago has sold for just over $72 million, adding to a string of recent large deals in the suburbs. Chicago-based Laramar Group on Jan. 31...

Forman Capital, a leading private direct real estate lender, provided a $53.69 million loan to finance a new mid-rise apartment community Caltopia in Hollywood, Florida. The borrower, Coral Gables-based Calta Group, is planning to...

Chicago-based Habitat, a leading U.S. multifamily developer and property manager, has fully leased OC Living Phase I, the first residential building within the $200 million mixed-use, mixed-income Ogden Commons community in Chicago’s North Lawndale...

JLL Capital Markets announced the sale of The Stretch, a 170-unit, 533-bed student housing community in Lexington, Kentucky, serving the University of Kentucky. JLL represented the seller, a joint venture between Campus Advantage and Tramview...

JLL Capital Markets announced the successful sale and financing for Rafter Apartments, a luxury multifamily community in Minneapolis, Minnesota. JLL represented the seller, a joint venture between Mortenson, The Excelsior Group and an institutional partner,...

The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.3 percent month-over-month in January on a seasonally adjusted basis. The index of components and...

29th Street Finance proudly announces the successful completion of a $7 million preferred equity investment at Echelon Park Apartments, a 1997 vintage, 240-unit multifamily property in McDonough, Georgia, south of Atlanta. "This transaction represents another...

Residential hospitality operator Sentral has added Sentral Gaslamp Quarter, a luxury building with 135 designer-furnished apartments available for any length of stay. The property is jointly owned by Elevate Investment Partners and ESI Ventures. Situated...

Watercrest Senior Living Group and partners, Harbert Seniors Housing Fund II, LP and Centric Development are pleased to announce that construction has steadily advanced at the site of Watercrest Fredericksburg Assisted Living and Memory...

Goodegg Investments, an award-winning women-founded and women-led commercial real estate investment firm in San Francisco, California, is pleased to announce the acquisition of North Edge Apartments – a 71-unit class B apartment community in...

GTIS Partners LP ("GTIS"), a global real estate investment firm with a focus on residential and industrial/logistics investments, and RISE, a real estate development and management company specialized in student housing, are pleased to...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Rocklyn at Samuels Avenue, a 274-unit riverfront multifamily asset in Fort Worth, Texas. “Rocklyn at Samuels Avenue was one of the...