Cities
Los Angeles Multifamily Report – Summer 2021
While the metro’s recovery is relatively slow, fundamentals are pointing to sunnier days.
Active Adult Living Community Underway in Chicago Suburb
TWG Development’s first project in the greater Chicago area will bring 174 units to Naperville, Ill.
Dwight Capital Provides $45M Refi for Dallas-Area Community
The funding for the Grand Prairie property qualified for HUD’s Green MIP Reduction.
Clear Capital Closes First Utah Acquisition
The $15 million transaction marks the company’s first deal in the Beehive State.
Altman Cos. Tops Off Miami Luxury Apartments
The 312-unit Altís Ludlam Trail is expected to come online next spring.
Maverick Originates $10M Construction Loan for MHC Project
The financing funded nearly 70 percent of total construction costs for an upcoming 217-site mobile home community near Seattle.
StoneBridge Investments Acquires Maryland Apartments
CBRE represented the seller in the deal and arranged financing on behalf of the new owner.
SMA Equities Lands $56M Construction Loan for NYC High-Rise
Located in an affluent Manhattan residential area, the project is set to include 28 affordable housing units, with the remaining 80 apartments targeting market-rate renters.
MG Properties Expands in Inland Empire With $138M Buy
The company added the 319-unit property in Rancho Cucamonga to its Southern California portfolio.
The GSH Group Pays $63M for Suburban Orlando Asset
The new owner plans to invest roughly $4 million in capital renovations.