Tag: News
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....
Class A apartment community in Lakewood secures fixed-rate permanent financing
JLL Capital Markets announced that it has arranged fixed-rate refinancing for Traverse Apartments, a newly constructed, Class A, 281-unit, luxury apartment community located within...
JLL arranges sale of 190-unit build-to-rent development site in Tampa MSA
JLL Capital Markets announced that it closed on the sale of GroveParc Townhomes, a 48.08-acre, build-to-rent development site located in Wesley Chapel, Florida (Tampa...
Marcus & Millichap arrange the sale of a West Palm Beach boutique apartment community...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Flamingo...
Sunrise Management adds high-end Southern California multifamily communities to portfolio
Expanding its California portfolio, San Diego-based Sunrise Management has taken over day-to-day management of Arte West, a 228-unit, four-story luxury community in Santa Ana,...
Financing secured for Infinity at The Colony condominiums in Bonita Springs, Florida
JLL Capital Markets announced that it has closed the construction financing for Infinity at the Colony, a 96-unit, luxury, high-rise condominium development located within...
80-unit apartment portfolio sells for $20,000,000 in Vancouver, Washington
Kidder Mathews is pleased to announce the sale of an 80-unit apartment portfolio in Vancouver, Washington for $20,000,000. The portfolio comprises three buildings: Broadway...
