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.
RKW Residential Tapped to Manage 2 Florida Communities
The firm will add a total of 471 units in Miami and Palm Beach Gardens, Fla., to its portfolio.
Related Acquires Manhattan Affordable Housing for $424M
The Section 8 community and its 490 units in Manhattan’s Lower East Side are fully leased.
Millennia Secures $28M Loan for Senior Affordable Housing
The affordable housing operator will use part of the financing for a 14-month comprehensive renovation plan for the New Orleans community.
TruAmerica Multifamily Enters Texas Market
The company paid $63.5 million for a Class B community in Irving, Texas.
Shoma Group Lands $84M Refi for Miami-Area Project
The floating-rate loan has a three-year term and will refinance existing construction financing.
Facebook Commits $150M to Bay Area Affordable Housing
The company is targeting 2026 to complete distribution of the fund, which is expected to support the creation of at least 2,000 affordable units.
The Beach Co. Tops Out Nashville Community
Skanska handled construction of the 299-unit Sixth South, slated to open in the fourth quarter of 2021.
Monitor Finance Lands $89M Refi for 5 Properties
NorthMarq arranged the refinancing for the company’s portfolio of two assets in Kansas City, Mo., and three in Davenport, Iowa.
American Landmark Expands Tampa Portfolio
The acquisition of a 248-unit community in Wesley Chapel, Fla., brings its portfolio in the area to seven communities.
Related Group Breaks Ground in Scottsdale
The firm’s first multifamily community in Arizona will offer 286 units in a variety of configurations.