Tag: multifamily
Building permits for apartments declined nearly 30 percent since pandemic
Persistently high interest rates are restricting the ability of businesses to borrow money to invest in real estate construction. Fewer builders are seeking building permits...
Berkadia Secures $18.9M in Financing for Multifamily Property Sterling Oaks in Chico California
Berkadia announced the financing of Sterling Oaks, a 188-unit, garden-style multifamily property in Chico, California. Managing Director Andy Ahlers of Berkadia San Francisco secured $18.9...
JLL Secures $77M in Refinancing for The Schoolhouse District Premier Multifamily Community Near Seattle
JLL Capital Markets announced that it has arranged a $77 million refinancing of The Schoolhouse District, a 264-unit mid-rise multifamily community with approximately 44,800 square...
Affiliated Development Closes $50M Loan and Commences Construction of The Spruce
South Florida-based Affiliated Development has closed on $50 million in financing and started construction on the firm’s newest multifamily development project in West Palm...
JLL Secures $152M in Construction Financing for Luxury Apartment Building on Cottage Street in...
JLL Capital Markets announced that it has secured $152 million in construction financing for the development of 35 Cottage Street, a 588-unit luxury apartment building...
Security Properties Acquires SKY Sammamish Apartments in Sammamish Washington
Security Properties purchased SKY Sammamish Apartments, a 159-unit multifamily property built in 2018 and located in Sammamish, Washington, for $70,250,000. Security Properties now owns...
Pre-Leasing Underway at Tempo Nine Mile Station a New 255-Unit Multifamily Property within The...
A joint venture of Draper and Kramer, Incorporated, Koelbel and Company, Mile High Development and Urban Roots Development, Inc., announced that pre-leasing has begun...
Bascom Group Acquires 249-Unit Build to Rent Multifamily Property Old River Place in Premier...
The Bascom Group, LLC ("Bascom") has acquired Old River Place, a 249-unit single family residential-style, build to rent multifamily residential property located in the...
Toll Brothers Apartment Living and The Davis Companies Announce the Grand Opening of New...
Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, Inc., the nation’s leading builder of luxury homes, and joint venture partner The Davis Companies (Davis), announce the grand opening of Whitlow, a new four-story luxury apartment community in Lewisville, Texas. “We are excited to introduce Whitlow to the charming community of Lewisville,” said John McCullough, President of Toll Brothers...
Greystar Announced the Grand Opening of its Latest Active Adult Community Album Union Village...
Greystar, a global leader in the investment, development, and management of real estate, including rental housing, logistics, and life sciences, has announced the grand...
Morgan Group Sells the Pearl Biltmore Luxury Apartment Community in Phoenix for $152M
Morgan Group sold the Pearl Biltmore luxury apartment community in Phoenix for $152 million. The property at 24th and Highland was bought by Covenant...
Community Preservation Partners Announces Acquisition of Lexington Green Apartments Near San Diego
CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, has announced the acquisition and planned renovation of Lexington Green Apartments, an affordable housing complex...
FaverGray Celebrates the Completion of Luxury Multifamily Community The Station at San Marco in...
FaverGray proudly announces the successful delivery of The Station at San Marco, a luxury multifamily project set to redefine urban living in Jacksonville. Situated along...
Mission Rock Selected to Manage Nashville Apartment Community The Morris
Mission Rock Residential, a national property management company, has been selected to manage The Morris apartment community in Nashville, Tennessee. Mission Rock Residential was...
Legacy Partners and Bridge Investment Group Start Construction on Legacy Heights, a 240-Residence Apartment...
Legacy Partners, a privately held national real estate firm, together with their joint venture partner Bridge Investment Group, announced the start of construction for...