Tag: News
Sunrise Management elevates Dennis Mitchell to vice president
San Diego-based Sunrise Management—which has specialized in the management of multifamily real estate since 1978—has promoted Dennis Mitchell to vice president of client strategy....
Kairos Investment Management Company acquires 103-unit affordable multifamily property in Glendale, Colorado
Kairos Investment Management Company (KIMC), a firm that focuses on value-based real estate investments with favorable risk/reward characteristics, has acquired Forest Manor Apartments, a...
Statement from NAHB Chairman Chuck Fowke on Supreme Court OSHA Vaccine Mandate Ruling
Chuck Fowke, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Tampa, Fla., issued the following statement after the U.S....
FHA expands real-estate owned property purchase opportunities for owner-occupant buyers
The Federal Housing Administration (FHA) on Thursday announced it is increasing its exclusive listing period on certain HUD single-family real-estate owned (REO) homes to...
McKinley Park Apartments to be Transformed into Affordable Housing for Seniors
The transformation of Canton’s McKinley Park Apartments into an affordable housing community moved another step closer to reality in December, after The Ohio Department...
Interra Realty brokers $7.4 million sale of 26-unit multifamily building in Chicago’s Wrigleyville Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the off-market sale of 3708-14 N. Sheffield Ave., a 26-unit vintage courtyard...
Berkadia arranges $97.5 million sale of brand-new class AA garden style asset in Orlando’s...
Berkadia announces it has arranged the sale of West Vue, a 442-unit, brand-new, luxury garden-style apartment community within Orlando’s sought-after and award-winning MetroWest master-planned...
$54.5 million secured for development of Colorado multihousing community
JLL Capital Markets announced that it secured $54.5 million in construction financing for Tree Farm Lofts, a 196-unit, six-building multihousing community located in Basalt,...
Institutional Property Advisors closes luxury Eastside Los Angeles multifamily property sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Perch, a mixed-use asset consisting of 59 luxury residences...
Marcus & Millichap brokers newly constructed apartment asset sale in Parker County Texas
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Lone...
Berkadia secures $84 million in stretch senior financing for hotel-to-multifamily conversion on Manhattan’s Upper...
Berkadia announces it has secured stretch senior financing for developer Emmut Properties’ acquisition of Excelsior Hotel, a century-old landmark hotel on Manhattan’s Upper West...
StoryBuilt and IHP Capital Partners form $44 million real estate joint venture
StoryBuilt, an urban residential and commercial community developer, and IHP Capital Partners, one of the nation's most prominent providers of equity financing for residential...
Institutional Property Advisors completes multifamily sale outside of downtown Boise
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Prelude at Paramount, a 280-unit core multifamily asset located in...
Institutional Property Advisors completes Austin area apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of 22 North, a 240-unit multifamily asset located 20 miles northwest...
Another large multihousing community in suburban Chicago trades to NYC investor
JLL Capital Markets announced that it has closed the sale of City View at the Highlands, a 403-unit, luxury, value-add, mid-rise apartment building located in...
