News

Aventura-based Rieber Developments proudly announced today that they have closed on a $36 million construction loan for Ivory 214. Miami-based BridgeInvest served as the lender. The loan was formally granted to the property’s development...

MassHousing has closed on a total of $32.8 million in affordable housing financing to the Madison Park Development Corporation (MPDC), for the preservation of affordability and property rehabilitation at the 131-unit Haynes House in...

Colliers International’s Norfolk office is pleased to announce the sale of the 4.19-acre parcel at 533 Front Street in Norfolk from Moon Engineering Co. Inc. to The Breeden Company, Inc. for $3.3 million. Breeden Construction...

Holliday Fenoglio Fowler, L.P. (HFF) announces it has arranged $45.65 million in financing for Talavera Apartments, a 240-unit, mid-rise multi-housing community located in Denver, Colorado. HFF worked on behalf of the borrower, Denver-based Griffis Residential,...

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the off-market sale of a 19-unit multifamily property at 2035 W. Arthur Ave. in Chicago’s West Rogers Park neighborhood. The...

Transwestern Commercial Services (TCS) today announces it has brokered the sale of a 10-unit multifamily building at 829 Euclid St. in Santa Monica’s prime Wilshire-Montana neighborhood. TCS Senior Vice Presidents John Swartz and Josh...

The U.S. Department of Housing and Urban Development (HUD) today announced it is charging a New York property owner and manager with housing discrimination. HUD alleges that James W. Ray Jr., Jim Ray Homes, Inc.,...

A joint venture of Prism Capital Partners and Northwestern Mutual Insurance Company has completed the purchase of a five-acre redevelopment parcel at the corner of Rahway Avenue and Green Street in Woodbridge. With full...

Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has acquired Legacy on the Bay, a 300-unit luxury apartment community...

Chicago-based Hubbard Street Group (HSG) has partnered with scooter-sharing company Spin to establish a drop-off/pick-up point at The Field’s Lofts, HSG’s new 123-unit loft-style rental community at 4000 W. Diversey Ave., near Chicago’s Logan...

Concord Capital Partners has acquired Casa Real, a 60-unit multifamily property located in the historic Harper District of West Hollywood for $17.275 million. The four-story, 43,000-square-foot multifamily property is located at 1354 N. Harper Avenue,...

HFF announces it has arranged financing for the development of Carroll Canyon, a luxury residential and retail mixed-use development in San Diego’s affluent Scripps Ranch community. HFF worked on behalf of Sudberry Properties to arrange...

Holliday Fenoglio Fowler, L.P. (HFF) announces that it has arranged the $13.25 million refinancing of SOMA, a 69-unit luxury apartment community in Somerville, New Jersey. HFF worked exclusively on behalf of the borrower, Sterling Properties...

This week, Google announced that the company is committing $1 billion for housing in the Bay Area over the next 10 years. The outline Google’s announcement outlined its objectives but did not get into the specifics...

Cushman & Wakefield has arranged the $23.35 million sale of Heron Lake, an apartment community located in Columbia, South Carolina. Tai Cohen, Jordan McCarley and Marc Robinson of Cushman & Wakefield represented seller, MAS...