Cities
Changing Strategies for Multifamily Investment
In this video, David Blatt, CEO of investment bank Capstack Partners, discusses financial strategies under the new administration, how rising interest rates will impact multifamily deals and how the energy market rebound will change the demand for housing.
Meriel Marina Bay Apartments in Suburban Boston Open for Leasing
The property, developed by Hines, includes two five-story buildings featuring 352 apartments with garage parking, and about 20,000 square feet of ground-level retail space.
Federal Capital Partners Takes 2 in Tampa
The company, which is headquartered outside of Washington, D.C., expanded its Florida footprint with the $21 million acquisition of two properties totaling 292 units.
San Antonio Community Gets $17M in Fannie Mae Financing
Dougherty Mortgage LLC arranged a 12-year Fannie Mae acquisition loan for the 344-unit community Parc 410 Apartment Homes in San Antonio.
Robbins Electra Snags Atlanta-Area Portfolio
The 920-unit, three-property portfolio includes Marbella Place in Stockbridge, The Parke at Oakley in Fairburn and Belle Vista in Lithonia.
Gables Pointe 14 Shapes Up
Gables Residential began construction of a 370-unit upscale community comprised of two buildings and 16,000 square feet of modern amenities.
NYC Condo Project Wins First-Ever WELL Certification
21W20, designed by Beyer Blinder Belle, is the world’s first residential project to earn the certification, which focuses on enhancing occupants’ health and well-being through the built environment.
Dallas Apartments Receive $11M Fannie Mae Financing
Located in Waco, Texas, the 256-unit residential community received a 10-year Fannie Mae loan with a 30-year amortization schedule. Doughtery Mortgage, a conventional and affordable debt provider headquartered in Minneapolis, secured the financing on behalf of Upper Level Acquisitions II LLC, a Texas-based entity.
Thibeault Development Sells 2 Boston Assets for $39M
Located in the heart of Boston’s Financial District, both assets were converted from office space to multifamily by the seller.
TriBridge Residential Lands Fourth Charlotte Property
The Atlanta-based company acquired Morehead West Apartments, a 211-unit North Carolina community, for $31 million. The property includes a 5,600-square-foot commercial space.