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.
Two Waters Capital Enters Tennessee Market
The company purchased its first two properties in Chattanooga with more than $31 million in loans.
Passco Expands Senior Housing Pipeline
Teaming up with Avenida Partners, the company began construction on two 161-unit senior housing developments in California and Tennessee.
JV Breaks Ground in New Jersey Suburb
Circle Squared, CrownPoint and Hampshire began construction on their 126-unit multifamily community in Netcong, about 40 miles east of New York City.
Minneapolis-Area Community Secures $18M Refi
Working on behalf of TE Miller Development, NorthMarq arranged the Freddie Mac loan for a 114-unit property in Edina, Minn.
Aspen Square Management Sells Sacramento-Area Apartments
A 114-unit community in Carmichael, Calif., traded for a record-setting $203,000 per unit.
Rockworth Pays $49M for Georgia Rental Asset
The 300-unit Mandalay Villas is situated in McDonough, Ga., less than 30 miles away from Atlanta.
JV Pays $19M for North Carolina Asset
Blackfin Real Estate Investors and GMF Capital LLC closed on their third purchase in less than six months.
American Landmark Sells Jacksonville Apartments
The 300-unit Landings at Lake Gray was originally purchased by the firm for $31 million back in 2017. CBRE brokered the transaction.
Origin Investments Breaks Ground on $69M Colorado Apartments
Built in a joint venture with Massimino Development, the 280-unit community will also include affordable housing for residents making 60 percent or less of the area’s median income.
TruAmerica Pays $77M for Phoenix Apartments
The multifamily investment firm increased its Arizona presence with the purchase of a 520-unit apartment community that it plans to renovate.