Tag: News
JVM Realty Corp. acquires luxury apartment community in Chicago’s Western Suburbs
JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced it has acquired Courthouse Square, a 149-unit Class...
NAHB Pillars of the Industry finalists 2022
As part of its mission to promote excellence in multifamily home building, the National Association of Home Builders (NAHB) has sponsored the Pillars of...
Kidder Mathews sells 28-unit Sunset Laurel apartments for $11 million
The Sunset Laurel Apartments, located at 1545 North Laurel Avenue in Los Angeles, have sold for $11,000,000. Kidder Mathews’ Senior Vice President Robin D....
New home sales inch higher in December but market weakness remains
While new home sales posted a modest gain in December, elevated mortgage rates and higher construction costs continue to hinder housing affordability and put...
$11.9 million sale of two historic multifamily properties in prime East Orange location
Gebroe-Hammer Associates’ Executive Managing Director and East Orange market specialist David Oropeza has brokered the $11.9 million sale of 17 Summit Street and 60...
Los Angeles-area multifamily asset trades for $49.6 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Alivia Apartments, a 128-unit multifamily property in Whittier,...
Marcus & Millichap brokers sale of luxury student-housing townhomes in Tallahassee, Florida
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The...
Industry associations response to White House Renters Plan
NAHB Chairman Jerry Konter Jerry Konter, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Savannah, Ga., issued...
ABI Multifamily brokers 260-unit West Phoenix apartment community for $49.75 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $49,750,000 / $191,346 Per Unit...
Trion Properties acquires 104-unit multifamily community in Sacramento, California for $23.6 million
Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, announces the acquisition of...
JLL Capital Markets arranges $48 million non-recourse construction financing for Solamar Wildwood
JLL Capital Markets announced that it has arranged $48 million in construction financing for the development of Solamar Wildwood, a 243-unit, build-to-rent townhome and...
Avanath Capital Management acquires high-rise apartment community in Brooklyn for $101.25 million
Avanath Capital Management, LLC (Avanath), a private real estate investment management firm, announces the acquisition of 7 DeKalb, a 251-unit multifamily property located in...
Housing groups file legal challenge to new WOTUS rule
NMHC joined 16 other housing groups, infrastructure and agricultural organizations, among others, in filing suit yesterday to challenge the recently released Waters of the U.S....
$24.3 million financing secured for six affordable housing assets in Seattle
JLL Capital Markets announced that it has secured $24.3 million in acquisition financing for a six-asset affordable housing portfolio, consisting of 354 small efficiency...
Remodeling market sentiment weakened in fourth quarter but remains positive
The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the fourth quarter, posting a reading of 66,...
