Thursday, April 25, 2024

Tag: market-rate

Bergen Circle

The Michaels Organization and MassHousing Announce the Extensive Renovation of the 201-Unit Bergen Circle...

Mayor Domenic Sarno, The Michaels Organization, and MassHousing celebrated the completion of extensive renovations at the 201-unit Bergen Circle housing community in Springfield, Massachusetts. Michaels,...
Bellfort Plaza Apartments

Avatar Financial Group LLC Provides $6.5M for Bellfort Plaza Apartments in Southeast Houston

Avatar Financial Group LLC, a Seattle-based national hard money bridge lender for commercial real estate, has provided $6.5 million in financing for the 154-unit...
Patrick Carino

NRP Group Names Patrick Carino Vice President of Development

Cleveland-based multifamily firm The NRP Group has hired Patrick Carino as vice president of development, responsible for the origination and management of market-rate projects...
Anacapa Canyon Pool

Residents are Moving into New Kennedy Wilson Master-Planned Residential Community Anacapa Canyon in Camarillo...

Anacapa Canyon, a new master-planned community developed by Kennedy Wilson in Camarillo, has been completed with the first residents moving in. The newly built community...
Legado at the Met

Legado Companies and Gantry Secures $128M in Construction Financing for Legado at the Met...

Legado Companies and Gantry, the largest independent commercial mortgage banking firm in the U.S., have obtained $128 million of construction-to-permanent financing in three tranches,...
Autumn Leaf

Kidder Mathews Sells Airway Heights Autumn Leaf Apartment Complex for $3.595M Near Spokane

Max Frame of the Simon and Anderson team, a multifamily investment team at Kidder Mathews, represented the seller in the sale of The Autumn...
Fordham Landing South

Dynamic Star’s Fordham Landing South to Bring Sustainable Living to the Harlem River Waterfront

Fordham Landing South, Dynamic Star's first development along the Harlem River in the University Heights neighborhood of The Bronx, is poised to bring sustainable...
The Village at Blenehim Run

Green Street Housing and TM Associates Unveil Affordable Apartment Community Village at Blenheim Run...

Green Street Housing, a Maryland affordable housing developer, and project partners TM Associates Development, Inc., a full-service development and property management for conventional and...
Walnut Hill

JLL Arranges $49.5M in Financing for Walnut Hill, a 177-Unit Luxury Rental Community in...

JLL Capital Markets announced that it has arranged the $49.5 million 10-year, fixed-rate financing of Walnut Hill, a newly constructed, luxury multi-housing rental community...
7012 & 7024 El Dorado Drive

CBRE Facilitates Sale of Two Multifamily Apartment Communities Totaling 24 Units in Northern Orange...

CBRE announced the sale of two multifamily properties totaling 24 units for $7.61 million in northern Orange County, California to two separate buyers. In the...
David Nargang

Allied Orion Group Names David Nargang as New President

Allied Orion Group has named David Nargang as president of the company’s property management division. David will spearhead the supervision of the property management team,...
Freestone on Main

JLL Secures $47M Capitalization for Multi-Housing Development in Bozeman Montana

JLL Capital Markets announced that it has arranged the $32 million construction financing and the $15 million equity placement for the development of Freestone...
The Larkspur

NewPoint Provides $22.5 Million in Financing for Idaho Market Rate Workforce Housing Development

NewPoint Real Estate Capital has provided $22.5 million in HUD/FHA 221(d)(4) construction-to-permanent financing to facilitate the development of The Larkspur, an 86-unit market rate workforce...

RealPage reports rent-to-income ratio flip

RealPage reported this month that wages are outpacing rents by a widening margin. Moody's Analytics tells a much different tale. After reporting...

Apartment demand smashes previous record

Demand for market-rate apartments in 2021 soared far above the highest levels on record in the three decades RealPage has tracked the market. Net...

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