Business Specialties
Black Creek Group Expands Footprint With $178M Buy
The company has purchased a 333-unit property in Rockville, Md., and a 268-unit building in Winter Park, Fla.
Bay Area Senior Housing Community Breaks Ground
Developed by Eden Housing, Alameda Point Senior Apartments is part of the $1 billion project at the former Navy base on San Francisco Bay in Alameda, Calif.
Harbor Group Buys Brooklyn Community for $117M
The 193-unit rental property, named The Frederick, was built in 2017 and is located in the popular Crown Heights neighborhood.
Phoenix-Area Community Changes Hands for $19M
Real estate private equity firm WhiteHaven Capital acquired Ridgepoint Apartments, a 164-unit property in Glendale, Ariz. The six-building asset was built in 1986.
Boca Raton Luxury Tower Secures $225M Loan
The financing will be used to complete the Mandarin Oriental-branded condo project within the mixed-use Via Mizner development.
Suburban KC Community Changes Hands
Block Real Estate Services and Thackeray Partners took out a $40 million Fannie Mae loan to finance the acquisition of the 408-unit Barrington Park Townhomes in Lenexa, Kan.
South FL Luxury Condos Score $75M in Financing
The 48-unit, 103,700-square-foot project will be part of the Ocean Reef Club in Key Largo. The development team includes Peackock + Lewis as main architect and Craft Construction as general contractor.
JPMorgan Chase’s Head of CRE: Prepare for a Correction
Al Brooks discusses the impact of competition and technology on multifamily financing and the types of developments that are attracting the most attention from lenders.
Bridge Housing, John Stewart Co. Break Ground on San Francisco Affordable Housing
Through a public-private partnership, the companies began construction on two projects for low-income residents, which will be located on the sites of former parking lots.
CIM Group Completes Austin’s Tallest Tower
Nicknamed the Jenga tower for its distinctive stacked design, the 58-story condo community is located downtown and houses more than 20,000 square feet of amenities.