Cities
New Jersey Portfolio Deal Scores $228M Loan
Cammeby’s International purchased the six-asset bundle of communities totaling more than 1,800 units.
Waterton Expands Chicago Team
Stella Pappas brings more than 15 years of real estate investment, acquisition and asset management experience to her new role.
Manhattan Landmark Gets $386M Refi
Hunton Andrews Kurth LLP advised the owners of 70 Pine St. on the mortgage provided by Goldman Sachs.
Metro Atlanta Asset Changes Ownership
The Walden Group paid more than $12 million for the 140-unit multifamily property located in Tucker, Ga.
Barings Sells Portland Community for $116M
Griffis Residential acquired the 294-unit, LEED Gold-certified property in the city’s South Waterfront neighborhood.
Seattle-Area Community Trades for $96M
The five-story property is located close to various major employers including Google, Amazon, Microsoft and Facebook.
Upzoning: Building More to Rent for Less
A few U.S. cities are overhauling zoning rules to increase density and expand the supply of affordable housing. It might take years, however, to find out if significant improvements were made.
Brooklyn gets 58 New Units of Affordable Senior Housing
The 13-story building in the Lefferts Gardens neighborhood has senior-friendly design elements and on-site social services.
Security Properties Buys $28M Tempe Property
The company purchased The Rev Apartments, marking its eighth acquisition in the Phoenix area.
Jacksonville Multifamily Report – Summer 2019
The metro’s rental market is on a roll, sustained by steady employment gains and ongoing net in-migration.