Cities

The self storage project in New Braunfels is subject to a $10.1 million construction loan. Image courtesy of Bakke Development and BCDC

Bakke Development, BCDC Expand Texas Portfolio

The 987-unit self storage property is scheduled for delivery in the first quarter of 2025.

Luxury Ski Condo Project Lands $51M in Utah

This is the second phase of a Deer Valley Resort development.

Powerhouse Apartments

Lemle & Wolff JV to Build All-Electric Bronx Community

This project is part of New York City’s 24 in ’24 plan.

The Wynwood Plaza

L&L Holding, Oak Row Equities Top Out 509-Unit Miami Project

A $215 million construction loan from Bank OZK financed the development.

Manhattan. Photo by Bim/iStockphoto.com

Manhattan Multifamily Report – January 2024

The Big Apple’s rental market shows resilience.

Rendering of The Hawthorne, a project that broke ground in 2021. Image courtesy of ACRES Capital

Pelican Builders JV Secures $111M for Luxury Houston Condo Project

More than half of the tower’s units have been pre-sold.

Interwest Capital Sells Jacksonville Community for $36M

Built in 1989, the asset previously traded for $22.3 million.

NYC’s Rent Control Law Survives Supreme Court Challenge

Owners contended that the regulations amount to an unconstitutional taking of property.

Bear Peak Capital Sells Chicago-Area Asset for $22M

The asset previously traded in 2020 for more than $14 million.

Inland Group Buys Phoenix SFR for $62M in All-Cash Deal

This acquisition brings the company’s local footprint to nearly 2,700 units.