Business Specialties
Toro Real Estate Grows Jacksonville Presence
The Long Island-based company now has 756 units in the city, after adding three properties and 552 units in deals totaling $39 million.
Counter Capital Expands Philadelphia Portfolio
A joint venture of Dalzell Capital Management and Morning Calm Management, the partnership purchased 1501 Locust St. in Center City’s booming Rittenhouse Square neighborhood.
Construction Launches at Oregon’s Largest Mixed-Use Community
Developed by Holland Partner Group, the Portland-area residential development is part of Reed’s Crossing, a master-planned community underway in South Hillsboro, Ore.
Wood Partners Breaks Ground on 300-Unit Phoenix Project
Slated to open in the second quarter of 2020, the developer’s Alta Warehouse District community is one of the first multifamily projects in the revitalized downtown neighborhood.
Hunt Arranges Refi for 940-Unit Houston Affordable Property
The $28.3 million Freddie Mac financing will be used to upgrade interiors of vacant units and add a leasing office and fitness center to The Heights at Post Oak.
A Green Affordable Housing Lesson From the Bronx
Omni New York Co-Founder Eugene Schneur tells the story behind North America’s largest Passive House development and shares his views on New York City’s affordable housing market and clean energy ambitions.
Queens 269-Unit Condo Project Receives $30M Loan
Madison Realty Capital arranged the financing for Xinyuan Real Estate, which intends to use the funds to build a 17-story condo property with retail and common space components.
CONTI Expands DFW Presence
Steadfast Income Reit sold the 350-unit Waterford on the Meadow after six years of ownership. Greystone originated a Fannie Mae loan for the acquisition of the Plano, Texas, asset.
Frankforter Group Pays $40M for Metro Atlanta Portfolio
The two fully affordable communities, built in the 1970s and totaling 623 units, are close to Hartsfield-Jackson Atlanta International Airport via Interstate 285.
Q&A: Why Israeli Bond Buyers Love Multifamily
U.S. apartment building owners who meet certain criteria may want to consider issuing debt on the slowly recovering Tel Aviv Stock Exchange.