Cities
Minnesota Affordable Property Gets $42M Refi
Aeon, Community Development Trust and Minnesota Housing closed the financing for a 422-unit community located within a few miles of Minneapolis-St. Paul International Airport.
Austin Multifamily Report – Summer 2020
While fundamentals took a hit this year, the metro’s diversified economy is helping the sector set a course for a relatively steady recovery.
29th Street Capital Picks Up Atlanta-Area Community
Built in 1974, the 300-unit property last changed hands in 2014 for $24 million.
Top 10 Multifamily Projects Under Construction in Ohio
A list of Ohio’s largest properties currently under construction, based on Yardi Matrix data as of September.
Kushner Acquires Richmond-Area Portfolio in $113M Deal
The three-asset portfolio last changed ownership in 2016 for $68.5 million.
Coral Rock Scores $54M Loan for Miami-Area Project
The construction financing will help bring 260 residential units to Pura Vida Hialeah, a nine-acre mixed-use development.
BLDG Management Lands $289M Loan for Manhattan Tower
The owner secured the loan for its 429-unit, partially affordable apartment community in Midtown.
HPI Residential Opens New Austin Community
In 2018, the company received a $25.1 million development loan from Texas Capital Bank for the project.
IPA Brokers Greater Salt Lake City Sale
Danny Shin, Brock Zylstra, Steve Gebing and Cliff David assisted the seller of the 160-unit community.
Washington, DC, Multifamily Report – Summer 2020
While relatively well insulated for the current downturn, the metro’s fundamentals recorded some softening over the past two quarters.