Cities
Phoenix Multifamily Report – Spring 2020
Following a strong showing for both rent growth and transactions, the metro has ended the cycle on a high note.
Colliers Completes Sale of 180-Unit Dallas Community
The disposition team included Senior Vice President Mark Allen, Executive Vice President John Nguyen and Associate Connor Canale.
JV Lands $37M Loan for Affordable Los Angeles Redevelopment
The 92-unit structure is the third phase of a $1 billion project that brings new life to a 700-unit public housing community dating from 1955.
Canyon Partners Invests $25M in Seattle-Area Development
The company partnered with American Capital Group and secured $45.5 million in construction financing.
Bayshore Properties Buys 382-Unit Asset for $34M
Greystone originated Freddie Mac acquisition financing for Tanglewood Apartments, located less than 30 miles from downtown Chicago.
Knoxville-Area Community Lands $10M Refi
JLL originated the 10-year, fixed-rate financing, which will retire existing debt.
Nashville Multifamily Report – Spring 2020
The metro’s multifamily market started 2020 in full swing but is slated for short-term softening as the health crisis unfolds.
CIM Group JV Gets $131M Brooklyn Project Loan
Slated for delivery in late 2021, the 728-unit development will have a mix of rentals and condominiums.
NRP Group JV Breaks Ground on Virginia Luxury Community
The 390-unit property is scheduled for completion by summer 2022.
Standard Communities Refinances San Diego Affordable Asset
Hunt Real Estate Capital provided nearly $21 million through the FHA 223(a)(7) loan program.