Tag: market-rate
CBRE Arranges Sale of 195-Unit Halstead Malden Square Near Boston
Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler announced the sale of Halstead Malden Square, a 195-unit,...
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,...
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...
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...
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 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,...
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...
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...
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...
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...
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...
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,...
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...
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...