Tag: News
Kidder Mathews welcomes Cushman & Wakefield Executive Managing Director Ric Russell in San Francisco
Ric Russell has joined Kidder Mathews in San Francisco as Executive Vice President and Shareholder. He brings over 35 years of experience specializing in...
Avanti Residential appoints Richard Bennion as Managing Director
Avanti Residential is pleased to announce the appointment of Richard Bennion as Managing Director, where he will be responsible for strategic growth and institutional...
MassHousing to provide $5.2 million in financing for new affordable rental housing for families...
MassHousing is providing $5.2 million in affordable housing financing to the non-profit Way Finders, for the development of the 62-unit Rosewood Way Townhomes for...
Industry response to White House fee announcement
NMHC: NMHC members believe that transparency in the cost of rental housing is positive for renters and housing providers alike. While we support the voluntary...
$7.024 million refinancing arranged for a Chicago-MSA multihousing community
JLL Capital Markets announced that it has arranged the $7.042 million refinancing for Gary Manor, a 198-unit, age-restricted, 100 percent HAP multihousing community located...
Evergreen Real Estate Group adds Vice President of Public Partnerships
Evergreen Real Estate Group, a leader in the development, construction and management of both affordable and market-rate multifamily properties, including communities for seniors and...
The Mogharebi Group secures sale of 180-unit apartment community in Ralston, NE.
The Mogharebi Group (TMG) has advised a Colorado-based private investment group on its sale of Fireside Village, a 180-unit multifamily community in Omaha, Nebraska...
Single-family starts decline in June but permits post solid gain
Single-family production fell back after four straight monthly gains as elevated construction costs and rising mortgage rates led to a reduction in home building...
FCP announces $33.25 million acquisition of 404-unit, Water’s Edge Apartments in Jacksonville, Florida
FCP announces the $33.25 million acquisition of Water’s Edge Apartments at 800 Broward Road in Jacksonville, Florida through a joint venture with Springer Capital. The...
$52 million construction loan arranged for multihousing development in Mesa, Arizona
JLL Capital Markets announced today that it has arranged $52 million in construction financing for Dobson Station, a 245-unit multihousing development set to deliver in...
Apartment market continues to loosen
Apartment market conditions continued to weaken in the National Multifamily Housing Council’s (NMHC’s) Quarterly Survey of Apartment Market Conditions for July 2023, as the...
Institutional Property Advisors brokers Central Connecticut multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Place at Catherine’s Way, a 303-unit multifamily asset in...
DB Capital recapitalizes Provo, Utah apartment community with Institutional Capital Partner
DB Capital Management (DB Capital) has closed on the recapitalization of Ascent at Union Square in Provo, Utah, a 139-unit garden style community acquired...
Builder confidence edges higher despite rising rate concerns
Low existing inventory that is keeping demand solid for new homes helped to push builder confidence up in July even as the industry continues...
CBRE arranges sale of 12-unit multifamily community in Anaheim, Calif., for $4.25 million
CBRE arranged the sale of a 12-unit multifamily property in Anaheim, Calif., to a private investor in a 1031 exchange. The sale price was $4.25...
