Newly built, luxury apartments in Portland purchased
JLL Capital Markets announced it closed the sale of Northpointe, a 158-unit luxury multihousing property located in Portland, Oregon.
JLL represented the seller, a partnership between Fore Property Company and Principal Real Estate Investors, to...
Rate Desk with Breea Nunemaker
Yield PRO TV Rate Desk host Michael Thomas talks with Breea Nunemaker, Director of Finance of The Sterling Group, Inc.
Gov. Newsom announces plan to pay rental housing providers 100 percent of rent owed
Gov. Newsom announced his intent to pay rental housing providers 100 percent of rent that’s gone unpaid because of COVID-19.
“This is certainly welcome news, and we applaud Gov. Newsom for his commitment to making...
Dominium announces successful closing of Lakeside Pointe
Dominium, a leading affordable housing owner, developer and manager, announced today that it has acquired Tranquility Bay located in Pearland, Texas. The property, which is being renamed Lakeside Pointe, is a 274-unit mixed income...
Ravens Crest apartments in Virginia purchased for $113 million
JLL Capital Markets announced it has closed the $113 million sale of Ravens Crest, a multihousing property located in Manassas, Virginia, which is around 30 miles from Washington D.C.
JLL worked on behalf of the...
Interra Realty brokers $5.4 million sale of 12-unit apartment building in heart of Chicago’s...
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $5.4 million sale of 915 W. Addison St., a 12-unit rental community located steps from Wrigley Field in Chicago’s Wrigleyville...
Berkadia Arranges $50.25 million in debt and equity financing for construction of Belmont Tampa...
Berkadia announces it has arranged $50.25 million in debt and equity financing for the development of Belmont Tampa Apartments, a 300-unit, Class A, garden-style apartment community to be built on the final undeveloped parcel...
Birmingham-based OG Capital acquires multifamily real estate community in Gulf Shores, Alabama
OG Capital, a Birmingham-based multifamily real estate investment firm, has acquired Marbella Luxury Apartments, a 96-unit luxury apartment community situated on 4.77 acres at 1910 E. First St. in Gulf Shores.
OG Marbella, LLC, an affiliate of OG Capital purchased the property from...
American Landmark acquires 270-unit class A community in Jacksonville, Florida
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Argyle Lake at Oakleaf Town Center, a 270-unit class A multifamily community in Jacksonville, Florida. This is their...
Cushman & Wakefield arranges $77 million sale on behalf of Neil Sazant, Principal of...
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Lakeshore Club, a 638-unit apartment community located in Tampa, Florida. The final sale price was $77 million.
Nick Meoli...
Rent Payment Tracker: Payment rates remain the same as last month
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 80.0 percent of apartment households made a full or partial rent payment by May 6 in its survey of 11.7 million units of professionally...
Evergreen Real Estate Group acquires affordable housing community in Downtown Cleveland, plans $18 million...
Chicago-based Evergreen Real Estate Group, a leader in the acquisition, development, rehabilitation and management of both affordable and market-rate multifamily housing, today announced it has acquired Carter Manor Apartments in downtown Cleveland. Evergreen plans...
Power Hitters with Neil Brown
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Neil T. Brown, CEO/Founder of ArchCo Residential LLC.
GFI Realty Services arranges $3.55 million sale of two adjacent mixed-use Crown Heights buildings
GFI Realty Services, LLC announced the $3.55-million sale of 563-565 Nostrand Avenue, two adjacent three-story mixed-use buildings consisting of eight free market apartments and two ground floor retail units, located in the Crown Heights...
Residential construction spending mixed in March
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in March was up 1.7 percent from February’s level despite a small drop in the multifamily category....
