Greg Isaacson is a Senior Associate Editor with Commercial Property Executive and Multi-Housing News. He has been writing about the real estate industry in the U.S. and Asia Pacific since 2014. Connect with him on Twitter: @gregisaacson
Covenant House Starts Work on New Facility for NYC Youth
The purpose-built, 80,000-square-foot property in Manhattan will serve at-risk young people.
Afton Properties Buys Los Angeles-Area Property for $132M
Berkadia secured $108.7 million in Freddie Mac financing for the acquisition in Lancaster, Calif.
Investors Bullish on Senior Housing as Construction Slows
A new report by Marcus & Millichap finds that supply of the property type is coming into alignment with demand.
Pebb Capital JV Picks Up Providence Site
The investment firm teamed up with Orb Development to build a 131-unit community in an Opportunity Zone.
Fire-Rated Downlight Housing Protects Ceilings
Nora Lighting has introduced a redesigned line of fireboxes that foster safety in multifamily properties.
Decron Buys 2nd Seattle-Area Community for $79M
The real estate developer snapped up a 302-unit property in Kent, Wash., boosting its portfolio in the region to 860 units.
Starwood Sells Denver-Area Community
JLL marketed the 222-unit apartment property in Highlands Ranch, Colo., exclusively on behalf of the seller.
FCP Buys Atlanta Community for $23M
The company has acquired the 180-unit Ashford at Spring Lake, boosting its portfolio in the metro area to more than 1,900 units.
Berkadia Secures $84M in Financing
The two communities total more than 500 units in Mobile, Ala., and Kissimmee, Fla., near Walt Disney World Resort.
FHFA Sets $200B Cap on GSE Multifamily Business
The policy change limits loan purchases by Fannie and Freddie to $100 billion apiece and shifts more resources to affordable housing.