Cities
New York’s Rent Reform Pushes Investors Toward South Florida
As investors pull away from markets with rent control laws, the Sunshine State seems to be one of the greatest beneficiaries. Brown Harris Stevens’ Phil Gutman explains why it’s hard to match the advantages Florida has to offer.
FCP Expands Orlando Footprint With $25M Buy
The company’s purchase of the 208-unit suburban community brings its Florida holdings to more than 2,700 units.
Boston Multifamily Market: Secondary Locations Gain Popularity
Walker & Dunlop’s Travis D’Amato sheds light on how Boston investors and developers are shifting their strategies to stay above rising costs.
Berkadia Secures $68M Loan for Cleveland Community
Director Dan Geuther arranged the Freddie Mac loan on behalf of Midwest Development Partners, the developer of Centric Apartments.
Queens’ T-Building: From Hospital to Affordable Housing Community
Dunn Development Corp. has started work on transforming the historic structure into a 200-unit affordable housing property, slated for completion in 2021.
Capital Square Scores $225M Financing
Walker & Dunlop assembled the debt package for five apartment communities across Virginia.
Pembrook CEO: Affordable Housing Can Be Top Performing
Stuart Boesky, CEO of Pembrook Capital Management, explains how affordable rental housing can be a successful investment, even in times of economic distress.
Apple Commits $2.5B Toward California Housing Crisis
The comprehensive plan, which will focus on the Bay Area, is the latest pledge in a year of big tech committing big bucks toward housing issues.
Aegon Launches Opportunity Zone Platform
The firm formed a joint venture with a subsidiary of Kemper Corp. to develop a $60 million project in Sacramento.
Austin Luxury Community to Be Delivered Ahead of Schedule
The 308-unit Citadel at Tech Ridge will open to residents in December this year.