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Wood Partners Starts Construction on Midtown Atlanta Apartments

Wood Partners Starts Construction on Midtown Atlanta Apartments

Work is under way on 33 Peachtree Place, a $100 million residential and retail property on West Peachtree St. in Midtown Atlanta. …

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TODAY’S DEALS: Walker & Dunlop Originates $108M Fannie Mae MHC Loan

TODAY’S DEALS: Walker & Dunlop Originates $108M Fannie Mae MHC Loan

Walker & Dunlop Inc. and Fannie Mae announced the recent closing of a $108 million loan for a manufactured housing community; and R3 Funding arranges $23.6 million in financing for student housing. …

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Jonathan Rose Companies and TIAA-CREF Announce Preservation Fund

Jonathan Rose Companies and TIAA-CREF Announce Preservation Fund

TIAA-CREF and Jonathan Rose Companies have unveiled the Rose Affordable Housing Preservation Fund LLC—a $51.6 million fund seeded by the two organizations that will help with the acquisition and improvement of affordable and mixed-use housing in strategic major metros in the United States.…

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Powertree and Panasonic Bringing EV Charging to SF Apartment Buildings

Powertree and Panasonic Bringing EV Charging to SF Apartment Buildings

Scores of electric vehicle charging stations are coming to multifamily properties in San Francisco in coming months, thanks to an initiative teaming Panasonic Enterprise Solutions Company and San Francisco-based Powertree Services Inc.…

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Economy Watch: Existing Home Sales See September Uptick

Economy Watch: Existing Home Sales See September Uptick

The National Association of Realtors reported on Tuesday that total U.S. existing-home sales, which are completed transactions that include single-family homes, townhomes, condos and co-ops, increased 2.4 percent in September to an annualized rate of 5.17 million units, compared with 5.05 million units in August. …

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Work Begins on Seniors Housing in Suburban Rochester

Work Begins on Seniors Housing in Suburban Rochester

Ground has been broken on Long Pond Senior Housing, an affordable supportive seniors housing development in the town of Greece, a suburb of Rochester, N.Y. When the first phase is complete, the property will include 54 one- and two-bedroom units.…

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Edgewater on Lanier in Gainesville Trades Hands

Edgewater on Lanier in Gainesville Trades Hands

A privately held real estate investment firm, The Griffin Fund, has acquired the Edgewater from Lake180-unit Edgewater on Lanier community in Gainesville, Ga., for $8.4 million from an undisclosed seller and plans to invest an additional $2 million into a community renovation program.…

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TODAY’S DEALS: Veritas Urban Properties Lands $7.5M for San Diego Development

TODAY’S DEALS: Veritas Urban Properties Lands $7.5M for San Diego Development

HFF arranges $7.5 for a 36-unit development in San Diego; NorthMarq secures $23.2 million for a RADCO acquisition in Colorado; and Equicap arranged an $18 million condo construction loan in New York.…

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Economy Watch: GSEs to Ease Lending Standards

Economy Watch: GSEs to Ease Lending Standards

Though recovered from its worst days during the recession, it’s generally acknowledged that the U.S. housing market hasn’t recovered as much as it could have, especially compared with other post-recession periods. …

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AHP Grant Targeted for El Campo Apartment Renovations

AHP Grant Targeted for El Campo Apartment Renovations

National Church Residences was awarded a $259,000 Affordable Housing Program grant from Wells Fargo and the Federal Home Loan Bank of Dallas to renovate the Prairie Village Apartments, a 38-unit community serving low-income seniors in El Campo, Texas.…

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Vesta Plans Redevelopment of DC Apartments

Vesta Plans Redevelopment of DC Apartments

Vesta Corp. has unveiled plans to completely redevelop Highland Terrance Apartments, a 124-unit multifamily property formerly known as the Gregory Apartments. The apartment community is in the southeast region of Washington, D.C.…

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WinnCompanies Tapped for Management Responsibilities at Lumiere

WinnCompanies Tapped for Management Responsibilities at Lumiere

Criterion Development Partners has selected WinnResidential to oversee management of its new Medford, Mass., property, Lumiere.…

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