Community Housing Announces Grand Opening of Affordable Housing Community Placita Dolores Huerta Near Coachella
The complex was developed by the Community Housing Opportunities Corporation (CHOC), a non-profit developer of affordable housing that recently opened another community in the desert area, announces grand opening of Placita Dolores Huerta in...
Newmark announces sale of Regency at Stone Oak—a 320-unit townhome property in San Antonio
Newmark announces the sale of Regency at Stone Oak, a 320-unit townhome community in north central San Antonio, Texas. Newmark Vice Chairman Patton Jones, Senior Managing Director Matt Michelson and Managing Director Andrew Dickson...
Mortgage Bankers close record $530 billion in commercial/multifamily originations in 2017
Commercial and multifamily mortgage bankers closed a record $530.1 billion of loans in 2017, according to the Mortgage Bankers Association’s (MBA) 2017 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation.
“2017 was a very strong...
Census reports occupancy shifts since pandemic
The Census Bureau released its quarterly report on home ownership and occupancy. It showed that the rental housing vacancy rate rose from 6.6 percent to 6.8 percent over the past year even as the...
Greenbrook Partners Complete $3M Convent to Apartment Renovation Project on President Street in the...
Greenbrook Partners, a privately-held, vertically integrated real estate operating and investment company headquartered in New York City, announces the completion of a transformative residential project at 784 and 786 President Street in the heart...
KRE Group Taps Max Bulbin as Director of Acquisitions
KRE Group, a leading full-service real estate development, investment and management company, announced the hiring of Max Bulbin as the Director of Acquisitions.
In his new role, Mr. Bulbin will be responsible for directing KRE...
The Mogharebi Group achieves more than $300,000 per door on Fresno, California multifamily community...
The Mogharebi Group (TMG) has arranged the $14.75 million sale of Birch Commons, a 49-unit multifamily property in Fresno, California.
Located on 4.77 acres at 1850 E. Birch Avenue, Birch Commons is a townhome-style apartment...
A mixed report for multifamily housing construction
The Census Bureau released its monthly new residential construction report for September 2020. It shows weakness for permits and starts but a surge in completions of multifamily housing units.
Permits rebound mildly
The number of permits...
The RADCO Companies announces sale of Ashford 2788 Apartment Complex in Atlanta for $49.5...
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of Ashford 2788, a 297-unit apartment community in Atlanta, GA to Quintus for approximately $49.5 million.
RADCO acquired the...
When data talks back: Using AI to talk with your database
Early adopters in multihousing and other industries are using AI to have daily conversations with their databases to mine business insights—freeing them up from keyboards forevermore.
The capability—to talk with your database each morning to...
Dallas executive Rick Graf serves as 2021 NAA Chairman
Dallas real estate executive Rick Graf, President, Multifamily, Asset Services at Cushman & Wakefield, has begun his term as 2021 National Apartment Association (NAA) Chairman.
Graf has more than 40 years of real estate management...
PCCP, LLC provides $100.6 million senior loan for the development of a 380-unit multifamily...
PCCP, LLC announced that it has provided a $100.6 million senior loan to a joint venture of Woodfield Investments and Argosy Real Estate Partners for the development of Morrison Yard, a 380-unit multifamily community...
Multifamily construction spending continues slow rise
The Census Bureau’s report on construction spending said that the value of multifamily residential construction put in place in April was up 0.6 percent month-over-month. Spending on single-family continued to fall while spending on...
$34.625 million refinancing arranged for West St. Paul multihousing community
JLL Capital Markets announced that it has arranged the $34.62 million refinancing of Savor Apartments, a 200-unit, mid-rise, market-rate multihousing community located in West St. Paul, Minnesota.
JLL worked on behalf of the borrower, Roers...
JLL Arranges $29M in Financing for Whisper Woods of Smithtown Senior Living Community
JLL Capital Markets announced that it arranged $29 million in financing for Whisper Woods of Smithtown, a 101-unit, 136-bed assisted living and memory care community in Long Island, New York.
JLL represented the borrowers, New...
