Tag: multifamily
HUD Announces More Than $6M to Revitalize Communities with Distressed HUD-Assisted Housing
The U.S. Department of Housing and Urban Development (HUD) announced $6.5 million in Choice Neighborhoods Planning Grants for 13 communities in 11 states across...
Hines and Simon Break Ground on Ann Arbor Mixed-Use Development at Briarwood Mall
A joint venture between Hines and Simon Property Group (NYSE: SPG) has broken ground on a mixed-use development at Briarwood Mall, a regional mall...
Institutional Property Advisors Closes Multifamily Asset Sale of Desert Club for $187.5M in Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Desert Club, a 497-unit multifamily asset in Phoenix, Arizona. The...
Concord Summit Closes $7.8M Construction-Completion Loan for Multifamily Development of Norman Lofts in Charlotte...
Concord Summit Capital closed $7.8 million in financing for a market-rate rental community under construction in the Charlotte, North Carolina market. Norman Lofts, located...
Northmarq Arranges the $55M Refinancing of Lincoln at Dilworth Multifamily Community in Charlotte
Northmarq’s Debt + Equity team of Ernest DesRochers and Dylan Hamer based in New York has secured the $55 million external refinance of Lincoln...
Chestnut Hill Expands Brookline’s Hancock Village with New Delivery of The Franklin
Locally based Chestnut Hill Realty has delivered The Franklin, a 250-unit apartment building in the Hancock Village development in Brookline, MA. With move-ins expected...
Sequoia Acquires 300-Unit Apartment Project Kent Place Residences in Englewood Colorado for $450K Per...
Sequoia Equities recently acquired the Kent Place Residences in Englewood, Colorado for $135 million, or $450,000 a unit. The 300-unit project was sold by...
OHT Partners Announce Austin Apartment Projects on the Way: 7th & Pleasant Valley and...
OHT Partners is looking to build a 360-unit multifamily project at 2730 E. Seventh Street on the town’s eastside. To get it done, OHT...
Multifamily Property Laurel Glen in Manteca California Sells for $268k/Unit
A SoCal-based private investor has acquired Laurel Glen, a 152-unit multifamily property in Manteca, a Northern California city of 84,000 people situated directly east...
WNC & Associates Closes $120M California Affordable Housing Fund
Irvine-based WNC & Associates has closed WNC Institutional Tax Credit Fund X California Series 21, L.P., which includes six California Affordable Housing Fund multifamily...
NexMetro Selects Jim Chapman Construction Group as General Contractor for South Pine an Atlanta...
Jim Chapman Construction Group (JCCG), a seasoned build-to-rent (BTR) general contractor, announces its partnership with NexMetro, one of the nation’s largest BTR developers headquartered...
Berkadia Secures $92.71M in Financing for Nine Senior Housing Communities in Four Different States
Berkadia announced the financing of nine assisted living seniors housing communities totaling $92.71 million located in Montana, Oregon, Arizona, and Florida, with all the...
U.S. Development Completes Construction of Frankford Grand in Philadelphia
U.S. Development is helping the last remaining undeveloped pocket of one of Philadelphia’s fastest-growing neighborhoods reach its full potential. The company completed construction of...
McShane Construction Company Completes OSLO Multifamily Development in Fairburn Georgia
McShane Construction Company is pleased to announce the completion of OSLO, a 288-unit multifamily complex in Fairburn, Georgia. “It’s an honor to deliver OSLO, a...
Freddie Mac Names Diana Reid as New CEO
Freddie Mac’s board of directors has selected real estate and financial services industry veteran Diana Reid as the company’s CEO, effective immediately. President and...
