Business Specialties
Affordable Property Opens in Southern WI
Royal Capital Group owns the 94-unit community in Madison. UnitedHealthcare and WHEDA invested a combined $16.4 million in the six-building project.
Mitsui Fudosan, ZOM Living Break Ground on MD Community
The joint venture has launched construction of Maizon Bethesda, a transit-oriented development with 229 apartment units in Bethesda.
Bascom Arizona Ventures Acquires Tempe Community for $89M
Tempo at McClintock Station offers 423 units, as well as access to a fitness center and two swimming pools. The property will be managed by MEB Management Services.
TruAmerica Multifamily Sells Suburban Seattle Community
The buyer of the 249-unit Class B asset funded the acquisition with a $30 million Freddie Mac loan originated by CBRE.
Suburban Indy Community Changes Hands
The buyer, Muesing Management, secured more than $7 million in short-term financing from Merchants Bank of Indiana to fund the acquisition.
In Case You Missed It: MHN’s Top 5 Posts in February
Miss any of our articles? Catch up with five of our most popular posts for the month.
Top 10 Nashville Multifamily Acquisition Loans
Alongside a banner year for multifamily transactions across the metro, with close to 10,000 units changing hands, lenders have kept pace, originating more than $1 billion in acquisition financing.
Mill Creek Residential Kicks Off VA Mixed-Use
The lifestyle center taking shape in Falls Church will include 394 apartments and 90,000 square feet of retail space, slated for completion in the summer of 2021.
JV Opens Brooklyn Affordable Housing
Developed by RAL Development Services and Oliver’s Realty Group, in partnership with Brooklyn Bridge Park, the 15-story building features 140 units.
The Making of Affordable Charlotte
Ally Financial, Bank of America and Barings, three of Charlotte’s largest financial corporations, are the latest organizations to join efforts to create more affordable housing in the booming metro.