Cities

Philadelphia. Photo by Mindaugas Dulinskas/iStockphoto.com

Philadelphia Multifamily Report – August 2023

The market is once again closer to historic averages.

Varenita of Westlake comprises 58 assisted living units and 28 memory care units. Image courtesy of JLL Capital Markets

Los Angeles-Area Senior Living Gets $43M

JLL brokered the transaction and secured the loan.

Developers started construction on Kelby Farms in October 2021. Image courtesy of Marcus & Millichap

King Properties Pays $85M for Durham Community

The project is located midway between Duke University and UNC Chapel Hill.

The NRP Group, the Columbus Metropolitan Housing Authority, Mayor Andrew Ginther and state/local officials at the grand opening of The Sinclair Apartment Homes. Image courtesy of The NRP Group

NRP Group Opens $40M Affordable Community in Columbus

The company has developed the 180-unit project in a partnership with the Columbus Metropolitan Housing Authority.

The Ventana

Barings Secures $115M Refi for LA Community

PGIM Real Estate provided a refinancing loan to Barings for a beachfront property in Playa Vista, Calif.

Lefferts Tops Out Miami Beach Tower

The luxury property on 72nd Street will have 206 units when it delivers next year.

Manhattan. Photo by Saba Waheed/iStockphoto.com

Manhattan Multifamily Report – August 2023

It took a while, but the borough got its groove back.

Cityview, Stockbridge Break Ground on LA Project

This transit-oriented community is expected to be online in 2025.

DC Affordable Senior Housing Receives Financing

The District of Columbia Housing Finance Agency provided approximately $50 million for the development of 76 units.

Inland Empire. Photo by Trace Rouda/iStockphoto.com

Inland Empire Multifamily Report – August 2023

Both deals and completions are down in Riverside and San Bernardino counties.