Holly Dutton is a Senior Editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2018 and has reported on the real estate sector since 2012. She was previously with Real Estate Weekly and the Houston Chronicle. Connect with her on twitter: @HollyDutton
Welltower Goes Big in Senior Housing Deals
The healthcare real estate firm just secured two new partnerships, announced several new acquisitions in excess of $800 million and a recapitalization of a senior housing portfolio.
Landmark Properties to Invest $1B in Student Housing Developments
The company announced plans to build seven new communities totaling more than 4,450 beds across the country. Four of the properties have already broken ground.
Tennessee’s Tallest Rental Tower Tops Out
The 34-story mixed-use community is being developed by Brookfield Properties, with Swedish construction giant Skanska as general contractor, in the heart of downtown Nashville.
Google Invests $50M in Silicon Valley Fund
The investment is part of the company’s previously announced $1 billion commitment to help fund affordable housing in the Bay Area.
Greystar Breaks Ground on First-Ever Portland Project
The multifamily giant is building its first ground-up development, a 182-unit rental community in the Goose Hollow neighborhood of the city.
Cortland Partners to Acquire Canadian REIT in $1.2B Deal
An affiliate of Cortland has agreed to buy Pure Multi-Family REIT in an all-cash transaction that will include more than 7,000 multifamily units.
Manhattan Affordable Project Lands $223M in Financing
L+M Development Partners, Jonathan Rose Cos. and Acacia Network are developing Sendero Verde, a 100 percent affordable Passive House community in East Harlem.
Landlords File Lawsuit Challenging New Rent Laws
As expected, a group of landlords and two trade groups filed a federal lawsuit alleging that the new rent laws in New York violate the Constitution.
Chicago Luxury Community Breaks Ground
The 188-unit transit-oriented development located in the city’s River West neighborhood is slated for completion in 2020.
San Diego Communities Land $223M Refi
Totaling 803 units in the Kearny Mesa submarket, the two rental properties are part of the 232-acre Centrum Master Plan.