Cities

Miami. Photo by Cassanas/iStockphoto.com

Miami Multifamily Report – February 2023

Fundamentals are dampening, but South Florida remains one of the most dynamic rental markets.

Saxum Real Estate Lands $77.5M Loan for Philadelphia Project

JLL arranged the loan backing Saxum’s multifamily development in the Northern Liberties neighborhood.

3 Journal Square.

Hartz Mountain Lands $58M for Luxury Jersey City Asset

The property was previously subject to a $61 million construction loan.

JV Plans Georgia Single-Family Community

Located outside Atlanta, the project is expected online in 2024.

321 Main Street rendering. image courtesy of NorthMarq

Hampshire Cos. Lands $62M for New Jersey Development

The project is part of the Hackensack Redevelopment Plan.

Image by Pete Andrews (Eagle One Photography), courtesy of Life Storage

Life Storage Property Opens in Philadelphia

The facility encompasses 860 climate-controlled units.

The Preiss Co. to Manage 3 Student Communities in the South

Nuveen Real Estate owns the properties, totaling 1,887 beds, in South Carolina, North Carolina and Texas.

Caroline Eastside Apartments Plans

Hunt Breaks Ground on Dallas-Area Project

Expected online in 2025, the project will receive HUD funding.

Overland and Ayres rendering. Image courtesy of JLL Capital Markets

GPI Cos. Lands $84M for LA Development

JLL Capital Markets arranged the floating-rate loan through Citizens Bank.

Washington, D.C. Photo by Wirestock/iStockphoto.com

Washington, DC, Multifamily Report – February 2023

Washington, D.C, remained one of the nation’s sturdiest rental markets.