Tag: News
Kiser Group closes a $15 million deal off market
Kiser Group has brokered a $15M portfolio in the UIC Medical District. The seller University Rentals UIC sold the property to Bay Laurel Partners...
Camino Verde Group acquires Sherwood Apartments
Las Vegas-based real estate investment and development firm Camino Verde Group recently acquired Sherwood Apartments in Midtown Las Vegas. Located just east of Las...
FCP acquires 360-unit Amber Grove at Olley Creek Apartments in Marietta, Georgia for $51...
FCP announces the $51.0 million acquisition of Amber Grove at Olley Creek Apartments, a 360-unit garden apartment community at 2050 Austell Road in Marietta, GA....
Post Road Management acquires multifamily portfolio totaling 1,002 units in Wichita, Kansas
Post Road Management, a full-service real estate investment and management company, has acquired a portfolio of 11 multifamily communities, all located in Wichita, Kansas...
460-unit sale of multihousing community between Buffalo and Niagara Falls, NY trades
JLL Capital Markets announced that it has closed the sale of Town Hall Terrace, a 460-unit multihousing community located in Grand Island, New York. JLL...
The Mogharebi Group completes sale of 92-unit apartment community in Fresno for $11.4 million
The Mogharebi Group (TMG) has arranged the $11.4 million sale of the 92-unit Northbrook Apartments in Fresno, California. Located at 584 E. Bullard Ave., Northbrook...
Lack of existing inventory continues to support builder sentiment
Builders remained cautiously optimistic in April as limited resale inventory helped to increase demand in the new home market even as the industry continues...
Berkadia arranges $165 million construction loan takeout refinancing for South Florida’s multifamily development of...
Berkadia announces it has arranged a $165 million loan to refinance the construction loan for The Dorsey, a recently completed, mixed-use development located in...
ABI Multifamily brokers 20-unit South Phoenix apartment community for $2.9 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $2.9 million / $145,000 per...
The Mogharebi Group brokers sale of 30-unit apartment community in Los Angeles
Despite current market conditions, deals have still been transacting—especially on small- to mid-cap multifamily assets in Los Angeles. The $7.15 million sale of 30-unit...
WinnCompanies secures funding for $137 million rehab of the historic Pines of Perinton affordable...
WinnCompanies, an award-winning national developer and manager of affordable, mixed-income and market rate apartment communities, today announced it has secured the funding for a...
2023 NMHC 50 highlights a tumultuous year for multifamily with market improvements expected
Pandemic-related household growth and economic impacts resulted in a complicated 2022 for the multifamily industry. An extremely tight market in the first quarter of...
Biden’s veto of Congressional WOTUS resolution a blow to housing affordability
Alicia Huey, chairman of the National Association of Home Builders (NAHB) and a custom home builder and developer from Birmingham, Ala., today issued the...
The Mogharebi Group achieves more than $300,000 per door on Fresno, California multifamily community...
The Mogharebi Group (TMG) has arranged the $14.75 million sale of Birch Commons, a 49-unit multifamily property in Fresno, California. Located on 4.77 acres at...
Berkadia arranges $37 million refinance of apartment community in Huntsville, Alabama
Berkadia announces it has arranged a $37 million loan to refinance Ascent at Jones Valley, a 431-unit apartment and townhome community in Huntsville, Alabama....
