Tag: News
BSR REIT Completes Strategic Sale of Dallas Portfolio to AvalonBay Communities for $431.5M
BSR Real Estate Investment Trust ("BSR" or the "REIT") (TSX: HOM.U) (TSX: HOM.UN) announced that it has closed the previously announced contribution transaction (the...
KeyBank Provides $35M of Financing for Construction and Rehabilitation of New Rural Affordable Housing...
KeyBank Community Development Lending and Investment (CDLI) provided a $13.9 million construction loan and $21.4 million in low-income housing tax credit (LIHTC) financing for...
Co-Developers Charney Companies and Tavros Close on 175 Third Street Becoming the Largest New...
Charney Companies and Tavros announced significant funding for 175 Third Street, the planned fourth building in their jointly developed campus Gowanus Wharf. Once completed,...
Berkadia Arranges $129M Debt & Equity Refinance Amberleigh Apartments of Northern Virginia
Berkadia, a distinguished leader in the commercial real estate sector, announced the successful refinancing of Amberleigh Apartments, a 752-unit, garden-style, multifamily community located in...
BRP Companies Celebrates Completion of The Arboretum at Farmingville in Brookhaven New York
BRP Companies celebrated the grand opening of the remaining units of the Arboretum at Farmingville, a 491,000-square-foot, 292-unit, garden-style, residential community located at 20...
Core Apartment Homes Introduces New Lifestyle-Forward Living in a Prime Southwest Las Vegas Location
Warmington Apartment Communities has introduced a new luxury rental community in Southwest Las Vegas. Core Apartment Homes is now hosting tours and pre-leasing for...
The Sobrato Organization Closes $193M Purchase of Soma Towers in Bellevue
The Sobrato Organization has closed on a major residential buy in the Pacific Northwest, paying $192.85 million for Soma Towers, a 273-unit ($706.4k/unit) multifamily...
JLL Secures $97.45M in Refinancing for New Student Housing Community Apella on Newport in...
JLL Capital Markets announced that it has secured a $97.45 million financing for Apella on Newport, a 576-bed newly constructed student housing community in...
Berkadia Arranges Sale of Poplin Trace Townhomes Outside Charlotte
Berkadia, a distinguished leader in the commercial real estate sector, announced the sale of Poplin Trace, a 99-unit, townhome property in Indian Trail, North...
PGIM Arranges $80M Loan for Sale of Las Vegas Apartment Property Lyric
PGIM Real Estate has provided a $80 million floating-rate loan for the acquisition and capital improvement of Lyric, a 376-unit multifamily property in Las...
U.S. Development Introduces Exclusive Leasing Agents at Frankford Grand in Philadelphia
U.S. Development is partnering with market-leading real estate agents to lead the successful lease-up of its brand-new luxury apartment community Frankford Grand located in...
Merchants Capital Secures $56.5M for 152-Unit Affordable Housing Development Rock Ridge Apartments in Rhode...
Leading financial services provider Merchants Capital announced $56.5 million in debt and tax credit equity financing for the acquisition of Rock Ridge Apartments, a...
BWE Secures $32.3M for Luxury Multifamily Community Greystone at Mulberry Grove Near Columbus
BWE, a national commercial and multifamily mortgage banking company, announced that it has secured a $32,293,800 loan to refinance Greystone at Mulberry Grove, a...
Housing Trust Group and Alonzo Mourning’s AM Affordable Housing Complete $37.4M Affordable Senior Community...
Housing Trust Group (HTG), a leading multifamily developer, in partnership with AM Affordable Housing, a non-profit founded by NBA Hall of Famer and Miami...
Hudson Piers Launches Leasing Along Yonkers Waterfront
Extell Development Company – a full service national real estate developer of residential, commercial and hospitality properties – announced that leasing has commenced for...