Friday, August 22, 2025

News

Mossdale Landing Apartments

JLL Arranges the $51.5M Senior Loan for Mossdale Landing Apartments in California

JLL Capital Markets announced that it has secured a $51.5 million senior loan for Mossdale Landing Apartments, a newly completed 204-unit Class A multifamily community in Lathrop, California. JLL represented the borrowers, Rubik Built, Wright...
Villas of Torino & Tredici at Central Park

13th Floor Homes Completes Two Townhome Rental Communities, Villas of Torino & Tredici at...

South Florida-based developer 13th Floor Homes has delivered two single-family rental communities in the City of Port Saint Lucie, Florida: Villas of Torino and Tredici at Central Park. Located at 5600 NW Coventry Circle, Villas...
Wildcreek Apartments

JLL Arranges the Sale of 232-unit Wildcreek Apartments in South Central Austin

JLL Capital Markets announced that it has arranged the sale of Wildcreek Apartments, a 232-unit, 1984-vintage garden-style apartment community located in South Central Austin. JLL represented the seller, Bob Reeve. The buyer was Continental Realty...
Riverwalk Phase III & IV

JLL Arranges $131M Bridge Loan for Phases III and IV of Luxury Multifamily Development...

JLL Capital Markets announced that it has secured a $131.1 million senior financing for Riverwalk Phase III & IV, a 390-unit luxury multifamily/mixed-use development in Elmwood Park, Bergen County, New Jersey. JLL represented the borrower,...
ZMR Capital

ZMR Capital Secures $230M Recapitalization for Three-State Multifamily Portfolio

ZMR Capital, a multifamily real estate investment firm, has secured equity from an institutional joint venture and a five-year, fixed-rate agency loan from Fannie Mae to recapitalize a $230 million, 1,600-unit multifamily portfolio spanning...
Owned by RPK since 2018, the sale aligns with the firm's strategy to diversify its holdings beyond California.

The Mogharebi Group Arranges $21M Sale of Multifamily Property Pacific Trails in the San...

The Mogharebi Group (TMG) advised RPK Development on the sale of Pacific Trails, an 84-unit apartment community in Covina, California to a Los Angeles-based private investment firm for $21 million. Built in 1977, Pacific Trails...
Affordable Housing and Services Collaborative (AHSC)

Affordable Housing and Services Collaborative (AHSC) Launches New Website to Spotlight Mission and Innovation

Affordable Housing and Services Collaborative, Inc. (AHSC), a nonprofit organization that owns and develops affordable rental communities, is proud to announce the launch of its redesigned website: www.ahscinc.org. The updated site highlights AHSC's mission-driven approach...
Clearline Real Estate

American Landmark Apartments and Clearline Real Estate Break Ground on 310-unit MXU Community in...

American Landmark Apartments (“American Landmark”) and New York-based Clearline Real Estate have officially broken ground on 2000 Wynwood, a highly anticipated 310-unit mixed-use project located at 2000 North Miami Avenue in Miami’s vibrant Wynwood...
record apartment demand

Record Q2 multifamily demand as vacancy falls to 4.1 percent

The U.S. multifamily housing market delivered its strongest second-quarter performance on record in 2025, with rental demand vastly outpacing new construction and driving vacancy rates to their lowest levels since before the pandemic. The...

Revenue management software under renewed legal pressure

Dom Beveridge, a multifamily technology analyst and creator and author of the 20for20 website and blog, recently addressed Seattle’s Ordinance CB121000, which bans the use of revenue management (RM) software that relies...
Cove Pointe

NJCC Provides Pre-Development Funding for Cove Pointe in Bayfront Properties in Jersey City

New Jersey Community Capital (NJCC) has made an $8.6 million in preferred equity investment in the Cove Point phase of the Bayfront Redevelopment Project. The development is a public-private partnership which includes the City...
Houma Highlands

ECI Group Announces Sale of Houma Highlands Apartments in rural Louisiana outside of New...

ECI Group (ECI) announces the sale of Houma Highlands apartments at 461 S. Hollywood Road in Houma, Louisiana to Oakwood Capital (Oakwood) for an undisclosed price. "ECI is proud of our execution at Houma Highlands...
Four-Property Multifamily Portfolio in Nevada

Stout Management Company Tapped to Manage Four-Property Multifamily Portfolio in Nevada

Stout Management Company is expanding its Nevada multifamily management portfolio by more than 300 units, adding Southern Nevada apartment management and leasing assignments at four properties in Las Vegas. Stout is overseeing management and leasing...
copper wire leads construction materials prices higher

Construction materials prices higher as metals price jump

The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.1 percent month-over-month in July on a seasonally adjusted basis. The intermediate demand index of...
MAA Point Hope

Alliance Residential Company Acquires Over 18 Acres in Charleston for MAA Point Hope

Alliance Residential Company, one of the largest multifamily developers in the nation, closed on 18.67 acres of land located at 1730 Clements Ferry Road in Charleston, South Carolina, for the development MAA Point Hope. MAA...
Yield PRO