Tag: News
Intercontinental Real Estate Corporation and MG Properties acquire multifamily community in Aurora, Colorado for...
Intercontinental Real Estate Corporation (Intercontinental) in joint venture with MG Properties has acquired Stone Cliff Apartments, a 394-unit garden-style multifamily community in the Denver...
Builder confidence drops on supply-side constraints
Despite strong buyer demand, builder sentiment continued to slip in February as the industry grapples with ongoing building material production bottlenecks that are raising construction costs...
NMHC, NAA release apartment industry’s 2022 policy priorities
The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) released the apartment industry’s 2022 policy priorities. On behalf of the apartment industry and...
Cushman & Wakefield arranges $105.6 million sale of The Carlyle of Sandy Springs
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Carlyle of Sandy Springs, a 389-unit multifamily...
Federal Housing Administration removes temporary COVID-19 underwriting mitigants for multifamily transactions
The Federal Housing Administration (FHA) announced at the Mortgage Bankers Association Commercial/Multifamily Finance Convention & Expo that it is removing temporary COVID-19 underwriting mitigants...
Institutional Property Advisors closes six-property multifamily portfolio sale in Westside Los Angeles
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of the Venice-Mar Vista Portfolio, a six-property, 99-unit multifamily portfolio in...
$64 million in financing secured for Connecticut multihousing community
JLL Capital Markets announced that it has arranged $64 million in acquisition financing for Summer House, a 227-unit, high-rise apartment community located in downtown...
Institutional Property Advisors brokers $118.25 million luxury multifamily asset sale in Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Arboretum at South Mountain, a 312-unit multifamily asset inthe Ahwatukee...
JLL arranges $260 million in refinancing for East Market mixed-use development
JLL’s Capital Markets group announced that it has secured a $260 million loan for East Market, a mixed-use project with residential units, retail, office...
MassHousing closes on $34.8 million for the refinancing, renovation and preservation of affordability at...
MassHousing has closed on $34.8 million in affordable housing financing to Beacon Communities LLC to refinance, renovate and preserve housing affordability at the 192-unit...
Capital Square promotes Jeffrey A. Gregor to Chief Legal Officer
Capital Square, a national investment sponsor specializing in tax-advantaged real estate offerings, announced that it has promoted Jeffrey A. Gregor to chief legal officer. “I...
Marcus & Millichap announces sale of multifamily asset in Miami Beach for $6.8 million
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The...
Construction financing secured for Austin high-rise multihousing development
JLL Capital Markets announced that it secured construction financing for The Travis, a 423-unit, high-rise multihousing community located in the Rainey Street District of...
76-unit multifamily community sells for $16.5 million in Sacramento
Transwestern Real Estate Services (TRS) announces the sale of The Hawthorne Apartments, a 76-unit multifamily community at 5820 Sutter Ave. in Carmichael, California. Transwestern’s...
Capital Square 1031 acquires 55+ manufactured housing community near Vero Beach, Florida
Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for Section 1031 exchange and other accredited investors, announced the acquisition of...
