Business Specialties
New Jersey Affordable Housing Project Advances With Phase 2
Developer The Michaels Organization expects to deliver the last 60 apartments of the 136-unit community in early summer of 2021.
JLL Arranges Sale of Class A Houston-Area Community
Tim Leonhard, Mary Davis and Eric Hightower arranged $16.2 million in acquisition financing on behalf of the buyer.
EJF Capital, Chance Partners Acquire North Florida OZ Project
The partnership purchased the 284-unit multifamily development in Jacksonville from a Carlyle Group joint venture.
Jamboree Starts Construction on Orange County Project
The 102-unit affordable community in Anaheim is part of the city’s Neighborhood Improvement Program designed for Haster Orangewood.
Mogharebi Group Closes Sale of Senior Community in California
The 101-unit Cinnamon Ridge in Ontario, Calif., traded to a private investor.
April Rent Payments Reach 92 Percent as Industry Braces for May
Newly released data from NMHC shows the vast majority of renters made either full or partial payments by April 26.
Bay Area Community Receives $35M Loan
The 10-year Fannie Mae financing will retire existing debt at the 144-unit Valley Plaza Village Apartments.
Renters Feel Safe But Find Management Lacking
A recent survey of 25,000 apartment residents by Kingsley Associates and Apartments.com identifies pain points for owners and managers to address.
Portland’s Block 40 Secures Construction Loan
JLL Capital Markets provided financing for the development of Block 40 in the South Waterfront district.
Pegasus Acquires Texas Community
NorthMarq represented the seller and arranged acquisition financing for the buyer, which will begin extensive renovations to the Arlington, Texas property.