Business Specialties
How Do You Price Apartments in a Recession?
Multifamily operators rely on revenue management to help predict profitability patterns.
Pennrose Debuts Massachusetts Senior Development
The 55-unit, mainly affordable project stems from the conversion of a 1920s school in Auburn.
Venterra Lands $38M Refi for Atlanta-Area Community
NorthMarq secured the financing for the 213-unit property located in Peachtree City, Ga.
Top Markets for Multifamily Construction in 2020 – Part I
COVID-19’s impact on multifamily development varies widely by location. In the first of two parts, we draw on Yardi Matrix data to identify the sixth through 10th most active markets nationwide.
Aspen Square Gets $44M Jacksonville Refi
The firm added the loan for the 336-unit Banyan Bay to a recent Fannie Mae portfolio financing package.
Namdar Refinances New Jersey Development
The bridge loan for the luxury property was provided by Lightstone Capital and arranged by Greystone Capital Advisors.
Alterra Lands $120M for Philadelphia Mixed-Use Project
The loan will be used in the construction of a 410-unit development near the Center City neighborhood.
Affordable Jacksonville Project Lands $21M Financing
The city’s housing finance authority provided Vestcor with bonds and a gap loan to develop the 192-unit community.
Opus Group Kicks Off Denver Multifamily Project
The development team plans to have work on the 277-unit community next to the Broncos’ stadium wrapped up by early 2022.
Top 5 Midwestern Markets for Multifamily Development
Construction projects in five metros account for more than 60 percent of the region’s units underway, according to Yardi Matrix data.