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
CA Affordable Housing Portfolio Changes Hands
CBREÂ arranged the sale of the five properties in Central California, totaling 484 units. Each community is more than 95 percent occupied.
Brooklyn Luxury Community Lands $75M Refi
Cushman & Wakefield arranged the loan for The Lane at Boerum Place, a 108-unit residential tower built in 2017 by Quinlan Development Group and Lonicera Partners.
MRC Provides $138M Loan for Manhattan Condo Project
Happy Living Development received financing to build a 155-unit condo project with retail space in West Harlem. Foundation work has already wrapped up.
Salt Lake City Loft Project Breaks Ground
The 195-unit property will include an automated parking structure and will be the first project in Utah to take advantage of the federal Opportunity Zone program.
Angelo Gordon, Glencrest Team on $51M Bay Area Deal
The joint venture bought the 180-unit property in Santa Rosa, Calif., with acquisition financing secured by HFF.
HFF Lands $29M Loan for Dallas-Area Community
The financing arranged by NXT Capital will be used for the acquisition of a 250-unit, Class B apartment property in Plano, Texas.
Phoenix Community Sells for $52M
Wood Partners sold the transit-oriented community to FSC Realty in a transaction brokered by Institutional Property Advisors.
Miami Condo Project Gets $21M Construction Loan
Trez Forman Capital is extending more financing to Arbor Coconut Grove, a 48-unit property being developed in the upscale Coconut Grove neighborhood.
FCP Buys Raleigh Apartments for $33M
Seeing strong demand for workforce housing, the value-add investor plans capital improvements for the 279-unit community in the city’s North Hills area.
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