News

Lynd Opportunity Partners (LOP), a Texas-based real estate investment firm, has acquired a 444-unit multifamily community in Jacksonville for $35.15 million in an off-market transaction. Built in the 1970s, the joint venture with Topaz...

The Colliers International Mid-Atlantic Multifamily Advisory Group represented the seller in the sale of Heritage at Settlers Landing, a 140-unit urban mid-rise multifamily development in Hampton. The community at 553 Settlers Landing Road was built...

The Census Bureau released its monthly new residential construction report for May 2019. The report shows continued strength in multifamily housing construction. Multifamily housing permits largely unchanged The preliminary report for May shows that permits for...

Avenue 15 Apartments, a 148-unit apartment complex located at 1609 West Glendale Avenue in Phoenix, Arizona, has sold for $14,725,000. The buyer was Urban Communities, a real estate development and redevelopment company that focuses...

Over 300 guests joined DC Partners at the grand opening of the Residences at The Allen Sales Gallery to officially launch Phase One of the $500 million-plus project, The Allen. The high-end, multi-use development...

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has directed the $15.95 million sale of Buena Vista...

Aventura-based Rieber Developments today unveiled plans for 12|12 Aventura, a premier mixed-use project with offices for medical professionals, a luxury senior living component and vibrant dining and shopping. Set to be among the first of...

Draper and Kramer, Incorporated, last week celebrated the grand opening of 61 Banks Street, an eight-story, 58-unit boutique rental building at Banks Street and Lake Shore Drive, on the last developable lakefront parcel in...

Parkview Financial announced today it has provided a $16.5 million construction loan to Los Angeles-based 5050 Pico, LLC for the development of Kentish Town, a new five-story mixed-use residential and retail project located at...

Cushman & Wakefield has negotiated the sale of Alta Grande, a new 314-unit luxury multifamily community in Orange County. Jay Ballard, Ken Delvillar, Michael Mulkern and Robert Given of Cushman & Wakefield’s Florida Multifamily Team represented Atlanta-based Wood Partners in the sale. Dallas-based Lantower Residential acquired...

Today the District of Columbia Housing Finance Agency (DCHFA) issues $50 million in bond financing for the construction of The Residences at Southern Avenue a 152 apartment assisted living community reserved for seniors age...

As prepared for delivery. Acknowledgments; Introduction Thank you, Maren. We are very fortunate to have you leading this great agency. Maren has done a tremendous job, and HUD is grateful for her steady hand at the...

Wood Partners, a national leader in multifamily real estate development and acquisition, announced earlier today the grand opening of its newest luxury residential community—Alta Baytown—in Baytown, Texas. The new, residential community is located at 1600...

A joint venture partnership of L5 Investments, Odyssey Properties Group and BH Equities announced it has acquired The Crossing at Barry Road Apartments, a 624-unit, 95 percent occupied, value-add apartment community located at 7831...

City Club Apartments announced today that it has executed a lease for a 3,500-square-foot brew pub and entertainment venue in the historic 1907 Handicraft Guild Building and Assembly Hall adjacent to its new 17-story...