Tag: News
GFI Realty trades Richmond Hill 36-unit multifamily building for $5.095 million
GFI Realty Services, LLC announced the $5.095-million sale of 86-21 112th Street, amultifamily building comprised of 36 units, located in the Richmond Hill section of Queens....
Cushman & Wakefield and Greystone collaborate on sale and financing of 40-unit community in...
The joint venture team of Cushman & Wakefield and Greystone announced that they arranged the sale of and provided acquisition financing for Salisbury Court,...
The Mogharebi Group secures $50.5-million sale of 156-unit apartment community in Ontario, California
The Mogharebi Group (TMG) has arranged the $50.5 million sale of The Landing Apartments, a 156-unit multifamily community in Ontario, California. Located at 3364 Honeybrook...
HUD strengthens standards and aligns inspection regulations for HUD assisted housing
The U.S. Department of Housing and Urban Development (HUD) published the Final Rule for the National Standards for the Physical Inspection of Real Estate...
Berkadia arranges debt & equity recapitalization of Fort Lauderdale apartment community
Berkadia announces it has secured a senior lender and preferred equity provider for the $51.5 million refinancing of The Village at Eastpointe Apartments, a...
Magma Equities and Macquarie Asset Management acquire 285-unit apartment community in Arlington, Texas
Magma Equities and a global real estate fund managed by Macquarie Asset Management has acquired Bardin Greene, a 285-unit garden style multifamily property in...
Institutional Property Advisors brokers sale and arranges financing for Greater Phoenix multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of The Gallery, an 88-unit apartment asset in Tempe,...
ABI Multifamily brokers 46-unit Southwest Mesa apartment community for $10.85 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $10,850,000 / $235,870 Per Unit...
Thayer Manca Residential adds new property to Washington portfolio
Thayer Manca Residential (TMR) acquired Roosevelt Ridge, a 75-unit property, located in the Pinehurst neighborhood in Seattle, Wash. This is the sixth asset in...
JLL arranges $350 million capitalization for the construction of trophy residential tower in Long...
JLL’s Capital Markets group announced that it has arranged a $350 million debt and equity capitalization for the development of The Italic, a to-be-built,...
New CEO to take the helm at the National Association of Home Builders
The National Association of Home Builders (NAHB), a Washington, D.C.-based trade association representing the housing industry, has named James W. Tobin III as the...
Institutional Property Advisors closes sale and arranges financing for Phoenix multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Spring, a 186-unit apartment asset in Phoenix, Arizona....
The Mogharebi Group closes on 142-unit multifamily community in Sacramento, California
The Mogharebi Group (TMG) has arranged the $15.75 million sale of Continental Terrace in South Sacramento, California. Senior Vice President Robin Kane and Vice...
Cushman & Wakefield arranges $26.6+ million sale of Grove at Temple Terrace in Tampa
Cushman & Wakefield announced that the commercial real estate services firm has arranged the $26,650,000 sale of the Grove at Temple Terrace, a 180-unit...
Multifamily fundamentals begin to stabilize
The U.S. multifamily sector is beginning to stabilize as vacancy rate expansion and negative absorption ease—trends that are expected to continue in 2023, according...
