Tag: News
Market-driven solutions will keep homes resilient and affordable
The National Association of Home Builders (NAHB) urged Congress to factor in housing affordability when seeking solutions to build more resilient communities that can withstand...
Standard Communities leads public-private partnership acquiring Foothill Villas, a 239-unit affordable community in San...
Standard Communities, the affordable housing division of Standard Companies, has led a public-private partnership that acquired Foothill Villas Apartments, a 100 percent affordable community...
Stepp Commercial completes $3.175 million sale of a 10-unit apartment property in Willmore City...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $3.175 million sale of a 10-unit apartment property located...
Berkadia arranges sale and financing of Florida multifamily portfolio
Berkadia announces it has arranged the sale and financing for a three-property, 252-unit multifamily portfolio in the Florida Panhandle. Vantage Point Acquisitions acquired the...
Stos Partners expands its multifamily holdings with acquisition of San Diego community
Stos Partners, a privately held commercial real estate investment firm, recently acquired an 18-unit multifamily property in the North Park-Cherokee Point submarket of San...
Kiser Group closes the $3.7 million sale of multifamily property in South Humboldt Park
Kiser Group has closed the $3.7 million sale of 3432-40 W. Franklin Boulevard. This 46-unit multifamily property is located on Chicago’s West Side in...
Fannie Mae introduces sponsor-initiated affordability incentives for multifamily borrowers
Fannie Mae announced that it is offering Sponsor-Initiated Affordability (SIA) incentives for multifamily borrowers through its network of Delegated Underwriting and Servicing (DUS) lenders...
HP Ventures Group-Development Services LLC acquires East Village Apartments in Downers Grove for $7.1...
HP Ventures Group-Development Services LLC (“HP”) has acquired East Village Apartments in Downers Grove, Illinois for $7.1 million. Kiser Group’s Ron Plonis represented both...
Marcus & Millichap’s RPH Multifamily Group closes LIHTC multifamily asset in Immokalee Florida
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Oak...
NAHB forms diversity, equity and inclusion task force
The National Association of Home Builders (NAHB) announced it has formed a Diversity, Equity and Inclusion (DEI) Task Force. The task force as created to review...
Lakeview Apartments in Kalamazoo sold for $19.65 million
JLL Capital Markets announced that it has closed the $19.65 million sale of the Lakeview Apartments in Kalamazoo, Michigan.
JLL worked on behalf of the...
Multifamily absorption surprisingly strong in 2020, says Yardi Matrix
Despite a disruptive pandemic, investor demand for multifamily real estate was strong in 2020, according to a newly released Yardi Matrix Bulletin.
Around 252,000 apartment...
Suburban metroplex apartment asset sale facilitated by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Cross Creek at Grapevine Ranch, a 392-unit multifamily property 20...
Institutional Property Advisors closes San Antonio apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Overlook at Stone Oak Park, a 360-unit apartment asset located...
The RADCO Companies announces sale of two-community portfolio in Spartanburg, SC to GoldOller and...
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of a two-community, 700-unit portfolio in Spartanburg, SC...
