Middleburg Communities reaches stabilization on fully renovated and repositioned 956-unit Atlanta workforce housing portfolio
Middleburg Communities (Middleburg), a Vienna, Virginia-based real estate investment, development and management firm, has reached stabilization on the substantial renovation, repositioning and leasing of three workforce housing apartment communities totaling 956 units in the...
Power Pros with Dan Drees
Yield PRO TV presents Power Pros. Host Linda Hoffman talks with Dan Drees, Chief Growth Officer of AvidXchange.
Transcript: Power Pros interview. Linda Hoffman with Dan Drees, recorded August 20, 2021
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Linda Hoffman: One word drives...
The Multifamily Group brokers 122 unit vacant hotel in Athens, Texas
The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced that it had facilitated the sale of the former Quality Inn & Suites in Athens, Texas. Advisor Greg Miller represented the buyer.
Profectus...
Colliers facilitates sale of 25-unit apartment community in San Leandro for $6.8 million
Leading diversified professional services and investment management company Colliers recently facilitated the sale of a 25-unit multifamily property called Foothill Terrace in San Leandro. Colliers’ Senior Vice President Rich Martini procured the buyer and...
RAAM Construction completes construction of a $29 million affordable senior housing development in La...
RAAM Construction, a general building construction firm specializing in multifamily and historic preservation projects throughout California, has completed the construction of an affordable senior housing development in La Puente, California for $29 million.
The 71,499...
PCCP, LLC provides $51 million loan to ColRich Multifamily for the acquisition of a...
PCCP, LLC announced it has provided a $51 million senior loan to ColRich Multifamily for the acquisition of Twenty Twenty, a seven-story, 162-unit mid-rise apartment property located at 2020 NE Multnomah Street in Portland,...
Avison Young closes $14.28 million sale of Hapimag Orlando Lake Berkley Resort in Kissimmee,...
Avison Young’s Capital Markets Group completed the $14.28 million sale of Hapimag Orlando Lake Berkley Resort, a boutique residential community comprised of 100 townhomes at 1010 Park Ridge Circle in Kissimmee, Florida, and two...
$37.308 million financing arranged for new luxury condominiums in Washington, D.C.
JLL Capital Markets announced that it has arranged $37.308 million construction financing for the development of Kite House at The Parks at Walter Reed, a 109-unit condominium development with 11,000 rentable square feet of...
HUD announces cross-agency efforts to increase affordable housing supply
The Department of Housing and Urban Development (HUD) on Wednesday announced a series of actions it is taking as part of the Biden-Harris Administration’s plan to create, preserve, and sell nearly 100,000 additional affordable homes for homeowners and renters across the country over the...
Cushman & Wakefield arranges multifamily sale on behalf of Greystar Real Estate Partners &...
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Monty, a 300-unit apartment community built in 2021, located in North Charleston, South Carolina.
Tai Cohen, Jordan McCarley and...
Colliers completes sale of Terri Ann Apartments for $6.3 million
Colliers is pleased to announce the sale of Terri Ann Apartments, a 25-unit multifamily building located at 1331 Terry Avenue in Seattle’s First Hill neighborhood. Tim McKay, Dan Chhan, Sam Wayne and Matt Kemper...
Institutional Property Advisors closes multifamily asset in San Antonio
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Vantage at Bulverde, a 288-unit apartment complex outside of San Antonio, Texas.
“Nestled in beautiful Bulverde, Texas, Vantage at Bulverde is...
PCCP, LLC provides $31 million bridge loan to The Pizzuti Companies for the refinance...
PCCP, LLC announced it has provided a $31 million bridge loan to The Pizzuti Companies for the refinance of The Residences at the Sutton, a Class A, 100-unit boutique multifamily asset located in the...
$81 million sale of multihousing community in Los Angeles closes
JLL Capital Markets announced that it has closed the $81 million sale of Solterra at Civic Center, a 192-unit, garden-style, value-add multihousing community in Norwalk, California.
JLL marketed the property on behalf of the owner,...
$92.15 million sale of luxury multihousing community in Princeton Junction, NJ closes
JLL Capital Markets announced that it has closed the $92.15 million sale of Parc at Princeton Junction, a 232-unit, Class A, transit-oriented multihousing community with ground-floor retail space in Princeton, New Jersey.
JLL marketed the...
