Tag: News
Pricing disconnect weighs on CRE investment activity
A new CBRE survey finds a wide disconnect on pricing expectations between buyers and sellers as a consequence of the COVID-19 pandemic that is...
PointOne Holdings, BCDC, Novare Group, sell 298-unit The Promenade at Newnan Crossing Apartments
Joint venture partners PointOne Holdings, Batson-Cook Development Company, and Novare Group have sold Promenade at Newnan Crossing, a 298-unit apartment community with a mix of three-story buildings, “manor-style” rental homes...
Rate Desk Wednesday, October 7, 2020
October 7, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Leveraging green benchmarks to maximize lending potential and a look at...
Solano County apartment complex sale brokered by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Camden...
Cushman & Wakefield arranges $504.5 million sale of multifamily portfolio on behalf of Threshold...
Cushman & Wakefield has arranged the $504.5 million sale of a 31-property multifamily portfolio totaling 5,115 units located in North Carolina and South Carolina....
Invitation Homes announces $1 billion joint venture with Rockpoint Group
Invitation Homes Inc. announced that it has entered into an agreement with Rockpoint Group, L.L.C. to form a joint venture partnership that will acquire...
Industry responds to the Suspension of COVID relief negotiations
Multifamily industry associations issued the following statements after President Trump announced that coronavirus stimulus talks would be put off until after the November election: Statement from NMHC...
Greystar and Star America obtain two loans for student housing developments at University of...
JLL Capital Markets announced that it arranged $59.95 million in construction financing for the Union on Broadway student housing and retail development located at...
Permanent financing secured for Centurion Union redevelopment
JLL Capital Markets announced that it arranged permanent financing for Centurion Union, a newly constructed 80-unit luxury apartment building located at 975 Bonnel Court...
$88.89 million construction loan secured for Fremont Apartments in Portland
JLL Capital Markets announced it arranged $88.89 million in construction financing to build the Fremont Apartments, a Class A multihousing community located on the...
Phoenix metro multifamily complex sale brokered by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of MetroPointe Apartments, a 415-unit multifamily property in Tempe, Arizona. The...
Westmount Realty Capital hires multifamily industry veteran Curtis Walker as managing director
Westmount Realty Capital, LLC is pleased to announce the addition of Curtis Walker to the national real estate investment firm’s expanded focus on the...
Parkview Financial provides $26 million construction loan for 8-story, 115-unit apartment project in downtown...
Parkview Financial announced it has provided a $26 million construction loan to CRE Development Investments for the development of Art District Lofts located at...
Cushman & Wakefield arranges $8.9 million sale for Argon Equity
Cushman & Wakefield has arranged the $8.9 million sale of The Residences at Fayetteville, a 120-unit apartment community located in Fayetteville, North Carolina. Paul...
Cadence at Crown apartments acquired by JRK Property Holdings
JLL Capital Markets announced that it has closed the sale of the 538-unit Cadence at Crown multihousing property located at 113 Ellington Blvd. in...