Guardian Doubles Washington Presence with Addition of Nine HUD-Subsidized Apartment Communities
Guardian, a leader in Pacific Northwest multifamily property operations, is proud to announce it assumed management of nine HUD-subsidized apartment communities serving low-income seniors and families across Washington. The portfolio includes Coventry Court, Trailside...
FHLBank Awards Nearly $50M to Help Create Over 2,000 Affordable Housing Units Across Arizona,...
The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) announced $49.7 million in Affordable Housing Program (AHP) grants from its General Fund and Nevada Targeted Fund to support 31 developments across Arizona,...
Institutional Property Advisors Closes Apartment Property Sale of Maple Ridge in Vancouver Washington
Institutional Property Advisors (IPA), a division of Marcus & Millichap, dedicated to serving the company’s institutional clients, announced the partial interest sale of Maple Ridge, a 116-unit multifamily asset in Vancouver, Washington.
“The offering of...
Berkadia Arranges Sale and Financing of Sage Creek Apartments in Augusta
Berkadia, a distinguished leader in the commercial real estate sector, is pleased to announce the sale and financing of Sage Creek Apartments, a 120-unit, garden-style multifamily property located in Augusta, Georgia.
Berkadia Atlanta represented the...
FHLBank San Francisco Awards $6.7M in Grants to Develop Affordable Housing in Arizona
The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) announced $6.7 million in Affordable Housing Program (AHP) General Fund grants to support the development of affordable housing in Arizona.
"We continue to make...
FHLBank San Francisco Awards $5.1M in Grants to Develop Affordable Housing in Nevada
The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) announced $5.1 million in affordable housing grants awarded to Nevada-based affordable housing developers through its Affordable Housing Program (AHP) Nevada Targeted Fund.
"The shortage...
Berkadia Arranges $33.3M Acquisition Loan for Gateway on 4th Apartments in St. Petersburg
Berkadia, a distinguished leader in the commercial real estate sector, announces that it secured a $33.3 million loan for the acquisition of Gateway on 4th Apartments, a 304-unit multifamily asset in St. Petersburg, Florida.
Managing...
Northmarq Arranges $18M HUD Loan for 220-unit Southernside Apartments in Greater St. Louis
Eugene Harris of Northmarq's St. Louis Debt + Equity team secured more than $18 million in HUD financing for Southernside Apartments, a 220-unit affordable housing community in O'Fallon, Missouri, part of the Greater St....
Institutional Property Advisors Brokers Multifamily Asset Sale of Level at Sixteenth in Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, dedicated to serving the company’s institutional clients, announced the sale of Level at Sixteenth, a 240-unit midrise multifamily asset in the Biltmore neighborhood of...
JLL Secures $29.5M Construction Financing for Soho Park Residences in Nutley New Jersey
JLL Capital Markets announced that it has arranged a $29.5 million construction financing for Soho Park Residences, an 85-unit, age-restricted (55+) luxury residential development in Nutley, New Jersey.
JLL worked on behalf of the borrower,...
Institutional Property Advisors Closes Sale and Arranges Financing for Avana Desert View in Scottsdale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, dedicated to serving the company’s institutional clients, announced the sale and financing of Avana Desert View, a 412-unit multifamily property in Scottsdale, Arizona.
“Avana Desert...
ULI NNJ and Hero Development Give East Orange Students an Inside Look at City’s...
25 students from East Orange Campus High School participated in a unique learning experience as part of the Urban Land Institute Northern New Jersey's (ULI NNJ) UrbanPlan program. The group toured The Modern, a...
Joint Venture Converts to Permanent Financing on Prospect Estates in Southern Massachusetts Following $14M...
Affordable Housing and Services Collaborative, Inc. (AHSC), a nonprofit organization that owns and develops affordable rental communities, is pleased to announce the successful conversion of Prospect Estates to permanent financing, securing the long-term future...
Abide Capital Group and MCB Real Estate Acquire 120-Unit Apartment Community Harlow on Main...
Abide Capital Group, a multifamily real estate investment and development firm and joint venture partner MCB Real Estate has acquired Harlow on Main, a 120-unit Class A mixed-use multifamily community in downtown Columbus, Ohio...
Berkadia Arranges $73.27M Loan for North Miami Beach Nexo Residences Rental Condos
Berkadia, a distinguished leader in the commercial real estate sector, announced that it secured a $73.27 million construction loan on behalf of Fortune International Group and Blue Road to complete construction of Nexo Residences,...
