Evelyn is a creative writer covering commercial real estate trends and insights in the U.S. Evelyn was previously a senior associate editor at Multi-Housing News and Commercial Property Executive. She has an academic background in Journalism and Irish Studies. Evelyn has been covering the CRE industry since 2017. Reach her via email.
Audubon Enters Raleigh-Durham Market
The company acquired and rebranded a 501-unit Durham community and plans to invest $5 million in capital improvements.
E&M Management Buys 2 NY Properties
The two communities, located in Port Ewen and Kingston, traded for $44 million. The purchase was funded with a $33 million loan.
Talonvest Secures $7M Acquisition Loan
The firm arranged the loan on behalf of Multifamily Investment Partners for a 42-unit community in Van Nuys, Calif.
TMG Facilitates Sale of California Community
The property located in Visalia, Calif., traded to a Santa Barbara-based private investment group for $19.2 million, which equates to $131,507.
Tampa Bay Development Receives $35M Loan
DevMar Development received the mortgage to construct The Vantage, a 211-unit property in the Edge district of St. Petersburg.
Marcus & Millichap Brokers Sale of FL Community
The firm arranged the sale of the 44-unit Golf Meadow in Fort Myers, Fla. on behalf of the seller, a private investor.
Marcus & Millichap Arranges 4-Property Portfolio Sale
The Orange County portfolio, which includes a total of 214 units in Santa Ana, traded to an affiliate of Empire USA for $42.5 million.
Affirmed Housing Breaks Ground on San Jose Community
The project will be developed for formerly homeless individuals and include a temporary housing section, which will accommodate 20 people waiting for permanent housing.
Lynd Appoints New Leaders
The multifamily property management company has named David Lynd as president & CEO, Ken Miller as COO and Matt Merritt as CFO.
FLF Holdings Buys FL Asset for $111M
The firm has received $76 million in financing for the acquisition of a 900-unit property in Bradenton. The 10-year, fixed-rate loan was secured through Freddie Mac’s CME program.