Cities
NorthMarq Arranges Refi for OC Community
The Sares-Regis-owned Aliso Creek Apartments in Aliso Viejo includes 535 units, three spas, 866 parking spaces and a cyber cafe.
Construction Surge Tempers Rent Growth in Boston
Bolstered by population and employment gains, multifamily demand continues to rise across the metro, spurring developer optimism and attracting new investors.
Midtown 8 Tops Off in Miami
Wood Partners developed the 28-story mixed-use development located four miles of downtown Miami. The project is slated for completion by May 2019.
TruAmerica, Oaktree Snag $142M Portfolio
The joint venture acquired the 424-unit Galleria Palms in Tempe, Ariz., and the 456-unit Aviata in Las Vegas.
WinnDevelopment Opens $29M NY Senior Housing
The Landmark at Sibley Square in Rochester includes 72 affordable units and is part of the larger Sibley Square mixed-use redevelopment.
Suburban Atlanta Senior Community Changes Hands
Village Park Senior Living has sold the 127-unit Village Park at Alpharetta, a newly constructed property offering independent and assisted living as well as memory care units.
Dallas-Area Property Receives $47M Construction Loan
The 308-unit Tower Bay Lofts will be built using Federal Housing Administration financing. The project obtained a “residential” wage decision, resulting in significant savings for the developer.
Increased Demand Pushes Up Rents in Las Vegas
The city’s multifamily recovery is a safe bet, given that it ranks among the top 10 metros for population growth.
An Insider’s View of Brooklyn’s Affordable Housing Crisis
Nelson Management Group’s Robert Nelson discusses the impact of the Vital Brooklyn initiative, which is meant to alleviate the borough’s affordable housing shortage, and the company’s projects in the sector.
Planned Durham-Area Project Lands $17M Loan
Trez Forman CEO Brett Forman originated the loan, which will help the borrower in the acquisition of a 138-acre parcel slated for the construction of an 880-unit property.