News

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Avalon Wilton on River Road, a 102-unit multifamily asset in Wilton, Connecticut. “Avalon Wilton is an outstanding, 100% market-rate suburban asset...

Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $107 million in financing for the construction of Adept Ontario, a 384-unit multifamily asset with 26,000...

On February 5, the U.S. Senate confirmed Scott Turner as secretary of Housing and Urban Development (HUD). Turner takes over the position from Marcia L. Fudge, who announced her retirement last year. Turner...

Cushman & Wakefield announced that Sean Holamon has joined the firm as an Executive Director working with Cushman & Wakefield’s Multifamily Capital Markets Team in Colorado. Based in Denver, Holamon will be partnering with other...

Atlas Real Estate Partners, a leading private multifamily investment firm, continues to expand its acquisitions team with the hiring of Chase Guillory as Assistant Vice President of Acquisitions and Jeremy Alter as Acquisitions Associate. “The addition of Chase to...

Walker & Dunlop, Inc. announced that Matthew Wiener, has joined its affordable housing team as senior managing director. Wiener will be joined by his longtime partner, Preyaa Strzalkowski, who is based in New York and...

The Bainbridge Companies (Bainbridge) promoted a key member of its leadership team, as Brian Doppelt is now Executive Vice President and Chief Legal Officer of the premier multifamily real estate company. In his new role,...

Newmark announces that Kelley Klobetanz has joined the firm as Executive Managing Director to head up Federal Housing Administration (FHA) Production & Operations. In addition to originating new FHA business and managing client relationships, Kelley...

CBRE announced it has expanded its U.S. Debt and Structured Finance business by adding industry veteran Drew Anderman as a Vice Chairman in New York City. Drew Anderman brings a wealth of experience executing complex...

IMT Capital acquired Marquis at Desert Ridge, a community situated in the Desert Ridge neighborhood in north Phoenix. Located at 21155 N. 56th Street in Phoenix, the four-story Marquis at Desert Ridge community is a...

Affiliates of Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, announced a joint venture with The Garrett Companies and Telis Group to fund the $630.5 million recapitalization...

950 TL Midtown, LLC acquired luxury residential property, Nine50 Town Lake at Midtown in College Station, Texas, for $40.8 million. The modern living of Nine50 Town Lake at Midtown incorporates rich amenities into a variety...

Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, announced it provided a $135 million first mortgage, acquisition loan secured by the fee interest in 235 East 42nd Street, formerly...

The Census Bureau’s quarterly report on home ownership and occupancy for Q4 2024 stated that the rental housing vacancy rate was 6.9 percent. This was unchanged since last quarter’s report despite a slight drop...

Trepp reported that the rise in the delinquency rate for multifamily commercial mortgage-backed securities (CMBS) loans continued in January, although more slowly than in recent months. The overall CMBS delinquency rate declined marginally, falling...