Cities
Walters Group Opens New Jersey Affordable Community
The developer completed the first five buildings of the 72-unit property in Howell.
Cortland Acquires Phoenix Community for $117M
StreetLights Residential and Nexpoint Advisors sold the 253-unit asset, with CBRE representing the seller.
Bridge Investment Sells Phoenix Apartments for $118M
The new owner received a 10-year, $79.3 million Freddie Mac acquisition loan from Prudential Financial.
MAG Partners Secures $173M Construction Loan for Manhattan Property
The financing was provided by Madison Realty Capital and will fund the development of a 480-unit mixed-income project.
San Francisco Multifamily Report – Summer 2020
While the U.S. average stayed flat, rates across the Bay Area recorded significant contractions into the third quarter.
Fortis Property Group Lands $163M Brooklyn Project Loan
The developer paid more than $91 million in 2018 for the 1-acre site in DUMBO.
DM Development Completes $120M Condo Project
Union House, a $120 million community in San Francisco, is now 30 percent sold and has welcomed its first move-ins.
Balancing Business Needs With Safety Requirements
More than seven months into the pandemic, Dodson Property Management’s Duke Dodson and Sarah Fehr discuss the Richmond, Va., multifamily market.
Berkadia Facilitates $35M Phoenix Sale
Ric Holway, Mark Forrester and Dan Cheyne represented the seller of the 138-unit property completed in 2018.
Hamilton Zanze Sells Suburban Dallas Community
Public records show that Berkadia arranged a Freddie Mac acquisition loan on behalf on the buyer, Bridge Partners.