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.
Common Adds 396 Units to Philadelphia Footprint
The company will operate both co-living and traditional units at communities located in the Fishtown, Southwest Center City and Fairmount neighborhoods.
LCOR Secures $135M Refi for Virginia Community
The property is located across from Amazon’s HQ2 development in the Crystal City neighborhood of Arlington.
JBG Smith Affordable Housing Fund Closes at $115M
The final closing of the Washington Housing Initiative Impact Pool totals more than a dozen investors.
OM Housing Breaks Ground on Dallas-Area Project
The 112-unit mixed-income community in Kennedale, Texas, is slated for completion in January 2022.
LMC Starts Leasing at Miami-Area Community
The 369-unit Vesada is approximately 20 miles away from downtown Miami.
Douglaston Tops Out Manhattan Mixed-Income Project
The 60-story community in Chelsea is slated for completion in summer 2022.
Optima Expands Management Portfolio to Chicago
The company will take on property management and leasing for its three Class A rental buildings in the metro area.
The Praedium Group Expands Atlanta-Area Portfolio
The company purchased the 330-unit Alta Sugarloaf in Lawrenceville, Ga., which was recently completed in early 2020.
PEG Cos. to Convert Austin Hotel into Workforce Housing
The company will transform the 97-key property into a Class B community by this summer.
JLL Arranges $173M in Multifamily Financing
The 14 Fannie Mae loans will be used for acquisitions and refinancings for properties in Idaho, Georgia, Oregon and California.