Jackson Chen is a Connecticut-based freelance writer who has reported on real estate for more than five years. He cut his teeth with real estate journalism when he previously wrote for Real Estate Weekly, the longest-running real estate publication in New York City. He has been writing for Multi-Housing News since late 2019.
Square Mile Invests $131M in San Francisco-Area Apartments
The deal will enable the developer to start construction on the 250-unit community.
Draper and Kramer Break Ground on St. Louis Community
The project will rise on a site where several factories once stood.
Falcone Group Begins Phase II Construction of Jacksonville Community
The 298-unit suburban development is expected to be completed in December 2022.
Castle Lanterra Sells Maryland Community for $154M
Transwestern arranged the sale of the 608-unit Annapolis property.
Pathway to Living Tapped to Manage Senior Housing Portfolio
Welltower chose the operating firm to manage properties in Ohio and Illinois totaling 1,105 units.
The Worthing Cos., RAM Partners Form Alliance
Worthing’s property management division will be transferred into RAM, while RAM will provide lease-up services for Worthing’s projects.
PCCP JV Acquires Atlanta Community
The partners are planning an extensive lease-up plan for the property, which experienced a high vacancy rate due to the pandemic.
Freddie Mac Extends Multifamily Forbearance Program
Freddie Mac Multifamily borrowers will be able to request forbearance up until Sept. 30.
TerraCap Acquires South Florida Community for $70M
The firm bought the fully leased Versol Apartments in Bonita Springs, Fla.
ACRE Provides $104M Financing for 3 Communities
The loans will go toward refinancing and renovating properties in Kentucky, North Carolina and Indiana.