Cities

Site plan

Kushner Breaks Ground on Luxury New Jersey Project

The development is the company’s first in the East Hanover market.

Former Illegal Hotel in New York to Undergo SRO Renovation

Chase and varied city institutions are providing financing, with Citizens Bank investing tax equity.

Prairie Point and The Reserve at Prairie Point. Image courtesy of Draper and Kramer Inc.

Weiss Lands $54M Refi for Chicago-Area Community

Draper and Kramer Inc. arranged the loan for the luxury property.

Kansas City. Photo by agaliza/iStockphoto.com

Kansas City Multifamily Report – March 2023

Multifamily deals marked a decade high last year.

Webster Court. Image courtesy of PEF Advisors

PEF Advisors Buys Affordable Senior Community

The new owner will invest $1.2 million to upgrade the asset.

Westhaven Park IID Rendering. Image courtesy of LBBA

Partially Affordable Development Breaks Ground in Chicago

Brinshore Development and The Michaels Organization are behind the 12-story project.

traverse apartments

Trailbreak Partners JV Refinances Denver-Area Luxury Property

In 2020, the asset became subject to a $42.5 million construction loan.

Bella Victoria

Bela Flor Lands $24M Equity for Phoenix-Area Luxury Asset

The property is also subject to $36.1 million in debt financing.

JV Secures $77M in Financing for NYC Property

Deutsche Bank Wealth Management is providing acquisition debt for the purchase of the luxury Midtown asset.

San Jose. Photo by JasonDoiy/iStockphoto.com

San Jose Multifamily Report – March 2023

After a strong run, Silicon Valley rates are back to historic averages.