Cities

Jon Paul Perez, VP, Related Group. Image courtesy of Related Group

Related Group’s Jon Paul Perez Talks New Projects, Markets

Related Group’s Vice President discusses recent and upcoming projects, as well as the company’s strategy to address Miami’s demand for smaller units and the metro’s affordable housing shortage.

Senior, Disabled Community in Boston Area Scores $10M Loan

The owners refinanced Peter Sanborn Place through a MassHousing loan and intend to implement an improvement program.

Bluerock Acquires 644 Units in Scottsdale’s Old Town

The property last traded three years ago, for $80.9 million, when it also became subject to a $60.7 million CMBS loan.

BH3 Buys $195M Loan on Distressed NYC Skyscraper

The real estate investment firm has taken over the defaulted mortgage on 125 Greenwich St., an 88-story luxury condo tower in Manhattan’s Financial District that topped out earlier this year.

Miami Community Trades for $22M

Marcus & Millichap arranged the sale of a 116-unit asset located next to Tamiami Park. The seller owned and operated the multifamily property for more than 35 years.

Panorama Breaks Ground on Charlotte TOD Project

JLL Carolinas will manage the development of the 309-unit Lumeo Apartments, located near the University City Boulevard station on the LYNX Blue Line extension.

An Insider’s View on Denver’s Multifamily Market

McWhinney’s David Jaudes talks about multifamily demand in Denver, the impact of rising costs and where development opportunities lie.

Robbins Property Associates Expands Florida Footprint

JLL represented the seller, Grand Peaks Properties, in its disposition of The Gardens at Nova, a 140-unit asset located in Davie.

Tower 16 JV Expands Vegas Multifamily Footprint

The firm partnered with Henley Investments, paying nearly $33 million for the Class B community. The deal marks the partnership’s fifth acquisition in the metro.

Tennessee’s Tallest Rental Tower Tops Out

The 34-story mixed-use community is being developed by Brookfield Properties, with Swedish construction giant Skanska as general contractor, in the heart of downtown Nashville.