Power Hitters with Tom Tomaszewski
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Tom Tomaszewski, President, The Annex Group.
Transcript: NAHB Power Hitters interview. Linda Hoffman with Tom Tomaszewski, recorded July 22, 2021
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Linda Hoffman: Residential housing...
$49 million acquisition financing secured for the Aspire 7th & Grant apartments in Capitol...
JLL Capital Markets announced it secured a $49 million acquisition financing for the Aspire 7th & Grant, a newly constructed, luxury multihousing property with ground-floor retail located in the Capitol Hill submarket of Denver,...
CGI+ acquires 712-unit apartment portfolio in Atlanta for $144.75 million
In what is believed to be the largest multifamily transaction in Atlanta in 2021, CGI+ Real Estate Strategies (CGI+), in partnership with a family office, has acquired a two-property, 712-unit multifamily portfolio in Atlanta,...
Cushman & Wakefield arranges $20 million sale on behalf of 3T Country Club Village...
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Village at Boca East, an 84-unit apartment community located in Boca Raton, Florida. The final sale price...
Housing affordability plunges on soaring material costs, rising home prices
Soaring building material costs, high demand and low inventory have added tens of thousands of dollars to the price of a new home and caused housing affordability to fall to its lowest level in nearly a decade...
Residential construction spending continues to rise
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in June was up 1 percent month-over-month and up 29 percent year-over-year. However, the apparent strength of...
CoStar reports rising multifamily property values
CoStar recently released its quarterly report on the change in values of commercial property in the United States. It reported that multifamily property values rose nearly 12 percent over the last 12 months, leading...
Real estate industry strongly opposes the CDC imposing a new federal eviction moratorium
A broad real estate coalition strongly opposes the Centers for Disease Control (CDC) decision to reimpose a federal eviction moratorium. This move takes place despite the fact that the Administration itself noted it lacks...
Trion Properties completes new multifamily development in Central Los Angeles submarket
Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, with joint venture partner Ketter Construction, has announced the completion of Olivia Apartments, a 45-unit luxury...
Katerra’s Tracy assets purchased by VBS
Volumetric Building Companies (VBC), announced that the company has received approval from the United States Bankruptcy Court for the Southern District of Texas (Houston Division) to purchase Katerra, Inc. assets, including the lease and...
TruAmerica buys apartment communities in Nevada, Florida and Utah in transactions totaling $209 million
TruAmerica Multifamily (TruAmerica) has increased its footprint in some of the strongest multifamily markets in the United States after closing last week on garden-style communities in Las Vegas, Nevada; Tampa, Fla.; and Salt Lake...
The Multifamily Group brokers 178 units in Killeen, Texas
The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced that it had facilitated Century Oaks Apartments sale in Killeen. Managing Partner Paul Yazbeck represented the seller and Advisor Zach Weik and...
JLL Capital Markets arranged the acquisition financing for Lightner Creek Village Apartments in Durango
JLL Capital Markets announced that it has arranged $4.95 million in acquisition financing for Lightner Creek Village Apartments, a 35-unit multihousing community in Durango, Colorado.
JLL worked on behalf of the borrower, Trailbreak Partners, to...
Cushman & Wakefield represents Chandler Residential in Metro Atlanta multifamily sale
Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of Shadow Ridge, a 294-unit apartment community in Riverdale, Georgia.
Mike Kemether, Travis Presnell and James Wilber of Cushman & Wakefield...
Tower 16 Capital Partners acquires a two-property, 504-unit multifamily portfolio in the Inland Empire...
San Diego-based Tower 16 Capital Partners has acquired a two-property multifamily portfolio consisting of 504 units in Moreno Valley, Calif., for $107.2 million. The Sienna Pointe Apartments project consists of 384 units built in...
