Cities
Eller Capital Buys NC Community for $19M
Carroll Org. sold the 188-unit multifamily asset less than a year after acquiring it as part of a 40-property portfolio.
Why Co-Living Is Here to Stay
Bungalow CEO & Co-Founder Andrew Collins makes the case for co-living as a solution to the affordable housing crisis and discusses his company’s most recent expansion.
$1B Bay Area Development Hits Construction Milestone
The development team, which includes two Trammell Crow companies, broke ground on the 68-acre redevelopment of a former Naval Air Station in Alameda, Calif., in March of last year.
Austin Multifamily Report – Summer 2019
Despite the more than 23,000 units underway in the metro as of April, developers are struggling to keep up with soaring demand.
Daniel Corp. Develops, Sells in South Austin
The company—which teamed up with CNL to construct the new project, located off William Cannon Drive and adjacent to McKinney Falls State Park—sold a 13-building community to Bell Partners.
Atlanta-Area Luxury Senior Facility to Welcome Residents
The assisted living and memory care community is the first joint development project of Watercrest Senior Living Group and Waypoint Residential.
Greystone Arranges Fannie Mae Loan for TX Asset
The Green Rewards refinancing loan, which carries a 10-year term, is estimated to reduce the property’s utility usage by 30 percent.
Time Equities Adds Community to Grand Rapids Skyline
The 16-story tower is the result of a joint effort between contractor Pioneer Construction, property manager KMG Prestige as well as architecture firm Ghafari Associates.
Tampa-Area Community Commands $39M
MLG Capital acquired the 350-unit multifamily property northeast of downtown Clearwater, Fla., assuming more than $28 million in Fannie Mae financing from the seller.
Ashcroft Capital Buys 548-Unit Community
The buyer financed the acquisition of MacArthur Place at 183 with a $42 million loan from Voya Financial. The community last traded in 2014 as part of a five-property portfolio.