News

Green Street Housing and TM Associates, in partnership with Interfaith Housing Alliance, is pleased to announce the successful closing of financing for the acquisition and rehabilitation of The Point at Smithsburg, an affordable housing...

The U.S. Department of Housing and Urban Development (HUD) announced the recent closing of three Green and Resilient Retrofit Program (GRRP) transactions to help finance energy efficiency and climate resilience improvements for affordable rental...

Eastern Union, one of America's largest commercial real estate mortgage brokerage firms, has arranged the $24-million refinancing of a construction loan in support of a 57-unit, mixed-use building located at 2508 Foster Avenue in...

Yardi Matrix reported that the national average asking apartment rent was down $5 in November compared to the revised level of the month before at $1,744 per month. The national average year-over-year asking apartment rent...

Barker Pacific Group (BPG) announced the acquisition of Chesapeake Apartments, a 124-unit multifamily community in Austin Texas. The seller was undisclosed. Located at 12300 Hymeadow Drive in the Anderson Mill area of Northwest Austin, the...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Addison Park, a 224-unit affordable housing asset in Arlington, Texas. “Clients on...

Cityview and Stockbridge have topped out construction on Apollo, a 265-unit community at 12888 Crenshaw Boulevard in Gardena, California. “Apollo is bringing more than 250 units of much-needed housing to one of the fastest growing...

The U.S. Department of Housing and Urban Development (HUD) announced the recent closing of three Green and Resilient Retrofit Program (GRRP) transactions to help finance energy efficiency and climate resilience improvements for affordable rental...

RMK Management Corp., one of the Midwest’s largest market-rate apartment management firms, has been named property manager for three multifamily rental properties in Chicago’s northern suburbs owned by Libertyville, Illinois-based TLP-Fides. “Having TLP-Fides put its...

Lion Real Estate Group, LLC ("LREG"), a Dallas-headquartered real estate investment and asset management firm focused on acquiring value-add and opportunistic multifamily properties, acquired a two-property, 208-unit apartment portfolio in Charlotte, North Carolina that...

Priority Capital Advisory, a Los Angeles-based premier boutique debt and equity capital advisor for middle market and institutional developers, owners, and investors, has secured $18 million in senior debt financing for the construction of...

Western National Group (WNG) announces the acquisition of Vista Imperio, a 158-unit garden-style multifamily community built in 2005 located in Riverside, California. Vista Imperio was acquired in a joint venture partnership with Sagard Real Estate,...

JLL Capital Markets announced that it has secured a $30.5 million acquisition loan for Xander on State, a 229-unit multifamily community in Columbus, Ohio. Xander on State, situated at 265 East State Street in downtown...

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 November on a seasonally adjusted basis. In addition, the change in...

West Shore, a fully integrated real estate investment firm with a specific focus on the acquisition and operation of multifamily assets, this week announced its acquisition of The River Lofts at Tobacco Row in...