Affordability extended at Reading Housing Community for Seniors and Disabled Residents resulting from $10.2...
Senior citizens and disabled residents living at the 74-unit Peter Sanborn Place in Reading will have their affordable rents extended for at least 24 years and will see property improvements as a result of...
JLL closes sale of Maitland, Florida, apartment community
JLL announces it has closed the sale of Maitland Station, a 293-unit, mid-rise apartment community in Maitland, Florida. JLL arranged the sale of the property from Epoch Residential to Nicol Investment Company (“Nicol”). Nicol purchased...
PCCP, LLC provides $268.4 million in financing for the acquisition of The Grace and...
PCCP, LLC announced today it has provided $268.4 million in financing for the acquisition of two newly-built, Class A high rise apartment towers located in downtown Los Angeles, CA. The two properties, known as...
RKW Residential adds over 1,800 units to portfolio in Carolinas and Florida
RKW Residential, a leading multifamily property management company, is reaching new heights in 2019 with prominent apartment community assignments throughout the Carolinas and Florida. The company was recently awarded eight prime communities totaling more...
1970s-built Southwest Reno apartment complex sells for $37.55 million
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Skyline Canyon Apartments, a 204-unit apartment complex in Reno, Nevada....
Wood Partners announces groundbreaking of Alta Spring Creek in Garland
Wood Partners, a national leader in multifamily real estate development and acquisition, announced earlier today the groundbreaking of its newest luxury residential community—Alta Spring Creek—in Garland, Texas. Located at 6310 Naaman Forest Blvd., the new...
Tower 16 Capital Partners acquires fifth multifamily project in Las Vegas for $32.5 million,...
San Diego-based Tower 16 Capital Partners, in a joint venture with Henley Investments, has acquired Five89 Apartments, a 312-unit multifamily project in Las Vegas for $32.5 million. The property was acquired on an off-market...
NAHB commends White House commitment to workforce development
Greg Ugalde, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Torrington, Conn., issued the following statement marking the one-year anniversary of the White House executive order...
Stepp Commercial completes $4.65 million sale of a value-add 20-unit apartment property in North...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $4.65 million sale of a value-add 20-unit apartment property located at 5075 Atlantic Avenue in north Long Beach. Principal...
Kiser Group brokers two South Side properties totaling $5.3 million
Kiser Group's Noah Birk and Aaron Sklar recently brokered the highest price-per-unit in Auburn Gresham at $93,265 per unit. Located at 8301 S. Paulina, JVB Holdings Chicago LLC purchased the 26-unit multifamily property for...
Timberland Partners announces grand opening of Green on 4th ‘G4’ apartments
Timberland Partners announces the grand opening of the $53.8 million Green on 4th apartment community, aka ‘G4’, an amenity-rich project located in the Prospect Park neighborhood in Minneapolis. G4 welcomed its first residents on June 29th...
Wood Partners announces groundbreaking of Alta Civic Station in Gresham, Oregon
Wood Partners, a national leader in multifamily real estate development and acquisition, recently broke ground on their newest luxury residential community—Alta Civic Station—in Gresham, Oregon. The new residential community is located at 1699 NW Civic...
Interra Realty brokers $16.8 million sale of Shorewind Towers and Shorewind Court Apartments in...
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it has brokered the $16.8 million, 238-unit sale of Shorewind Towers, located at 7000 South Shore Drive, and Shorewind Court, nearby at...
MassHousing closes on $11.2 million in financing for 52 units of affordable rental housing...
MassHousing has closed on a total of $11.2 million in affordable housing financing to WinnCompanies for the development of 22 new rental housing units and 30 new condominiums on the East Boston Waterfront. The...
Optum invests $8.8 million to transform historic Bonneville Hotel into affordable housing to help...
Optum is investing $8.8 million in Bonneville Apartments, an affordable-housing community currently under construction in downtown Idaho Falls. Upon completion, the historic Bonneville Hotel will be transformed into 35 new affordable apartments and 5,000...