NAHB urges Congress to take steps to get more women in the workforce
To get more women working in the residential construction sector and overall workforce, lawmakers must pursue flexible, targeted and incentive-based strategies to tackle the high cost of childcare and availability of paid leave, the...
JLL arranges $18.85 million loan for Denver apartment project
JLL Capital Markets announced that it has arranged $18.85 million in financing for the development of Bloom at Cherry Creek, a 111-unit, Class A mid-rise apartment property currently under construction in Denver’s Cherry Creek...
Sales start this Fall at Lexington Reserve at Oak Park, a new community of...
This fall, Lexington Homes will make its homebuilding debut in Oak Park, Ill., the popular “surban” village just west of Chicago’s city border. Lexington Reserve at Oak Park will offer 21 rowhomes within walking...
Berkadia arranges $57.5 million construction loan for Neology Life Development Group’s Fourteen Residences Allapattah...
Berkadia announces it has arranged $57.5 million in construction financing for Fourteen Residences Allapattah, a two tower, 237-unit apartment community located in Miami, Florida. Senior Managing Director Charles Foschini, Managing Director Chris Apone and...
New Jersey multihousing community secures $11 million financing
JLL Capital Markets announced that it has arranged $11 million in permanent financing for Rahway Plaza Apartments, a two-building, 288-unit high-rise apartment community located in downtown Rahway, New Jersey.
JLL represented the borrower, Denholtz Properties,...
IPA closes Class A multifamily deal in West Valley for $58.5 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Remington Ranch, a 304-unit multifamily asset in the Phoenix metro area. The asset sold for $58.5 million, or $192,434...
NMHC & Kingsley 2020 Apartment Resident Preferences Report takes residents’ pulse on top leasing...
From must-have technology to popular pet perks, the 2020 Apartment Resident Preferences Report released today by the National Multifamily Housing Council (NMHC) and Kingsley Associates provides an exhaustive look at what apartment residents want...
NMHC Research Foundation issues landmark report on the student housing sector
The U.S. privately owned student housing rental market has matured from a niche sector to a significant institutional market with a 20-year investment history through both privately held and publicly traded companies, according to...
First residences in Phase I of redevelopment at historic Edison Factory begin to move...
Alexander Howze, a longtime resident of West Orange and the surrounding area, has watched the industrial-to-residential redevelopment of the historic Edison Factory from the very start. Now, as one of the first residents of...
Jonathan H. Brinsden appointed as ULI Americas Chairman
Jonathan H. Brinsden, chief executive officer of Houston-based real estate investment and development firm, Midway, has been appointed as ULI Americas Chairman. Brinsden, who succeeds Jack Chandler, founder of Majesteka Investment Holdings, will serve...
Jordyn Berger joins IPA in Chicago as a Director of Seniors Housing
Institutional Property Advisors (IPA), a division of Marcus & Millichap, has hired Jordyn Berger as a director of the firm’s IPA-Seniors Housing group. Berger will focus on structuring and arranging debt, mezzanine and equity...
Levin Johnston directs sale of transit-oriented multifamily property in downtown San Jose
Levin Johnston, a division of Marcus & Millichap and one of the top ten multifamily brokerage teams in the U.S., has directed the $12.5 million sale of First Street Manor, a 39-unit multifamily community...
$28.4 million in financing secured for Arizona multihousing community
JLL Capital Markets announced that it has arranged the $28.4 million financing for Villatree Apartments, a 150-unit, garden-style multihousing community in Tempe, Arizona.
JLL represented the borrower, Epic Investment Services, to secure the five-year, floating-rate...
Strategic Student & Senior Housing Trust breaks ground on expansion of senior housing community...
Strategic Student & Senior Housing Trust, Inc. (SSSHT), a public, non-traded real estate investment trust sponsored by SmartStop Asset Management, LLC (SmartStop), announced today that SSSHT has broken ground on an expansion of Courtyard...
Alliance Residential announces plans for Broadstone Sugar Hill in Gwinnett County
Alliance Residential is pleased to announce it has closed on the acquisition of a 7.496-acre parcel of land in Gwinnett County, Georgia for its latest multifamily development, Broadstone Sugar Hill. Located at 5010 West...
