Business Specialties

What’s in Biden’s $1.9T Relief Bill for Multifamily

The president is proposing more federal rent relief, expanded unemployment benefits and a new round of stimulus checks.

Berkadia Acquires Apartment Brokerage Moran & Co.

Veteran dealmaker Mary Ann King will head up Berkadia’s new platform and help oversee the integration of Moran’s 31-member team.

Toll Brothers, Harrison Street to Build ASU Student Housing

The partnership secured construction financing for an upcoming 826-bed luxury community in Tempe, Ariz.

Virginia Senior Housing Project Breaks Ground

Watercrest Senior Living Group and Harbert Seniors Housing Fund II have started work on the 98-unit luxury community outside of Richmond.

Luxury New Jersey Community Trades in $84M Deal

Former owner J.P. Morgan Asset Management purchased the 200-unit asset in 2003 from its developer, in a $42 million deal.

Urban Catalyst Closes $131M OZ Fund

The funds will go towards seven projects in San Jose, Calif., which are expected to start construction in 2021 and 2022.

Midtown Nashville Project Lands $45M Loan

Regions Bank provided the financing for the developer’s first foray into the market.

Rendering of Clarendale Six Corners

Ryan Cos. Breaks Ground on $117M Chicago Senior Community

The long-debated project will bring 258 senior housing units and additional commercial space to the city’s Six Corners district.

Randolph Street Realty Capital Pays $25M for Chicago-Area Condos

Lawton Realty Group sold 185 apartments at Ashton Condominiums, a 240-unit community in Arlington Heights.

Meet NOVEL Deep Ellum: 2020 MHN Excellence Gold Winner for ‘Best Marketing Program’

View a slideshow of the Excellence Award-winning entry from Crescent Communities.