Cities

Falcon Pacific Builders Tops Out Queens Project

Developed by the Saab Family LP, the 50-unit mixed-use building in the Astoria neighborhood is on track to be completed by November.

Charlotte metro report Photo by Kruck20 iStockphoto.com

Charlotte Multifamily Report – Winter 2019

Above-average employment growth and positive demographic trends have boosted investment activity across the metro, where $2.5 billion in multifamily assets changed hands in 2018.

In the Spotlight: Atlanta’s Multifamily Market

Tom Underwood, operations director at Hoar Construction, addresses the factors shaping the metro’s multifamily market, including challenges in the construction sector.

Fully Affordable Portfolio Trades in OH

Independent Management Services purchased Shelton Gardens and Reids Valley View Manor for $4.8 million. The two assets have 254 units combined.

Philadelphia Luxury Community Gets Fannie Mae Refi

Arbor Realty Trust Inc. has provided a $6.4 million Fannie Mae loan for a recently completed 39-unit multifamily property in the Point Breeze neighborhood.

1st Phase of Affordable NJ Project Opens

The Jersey City Housing Authority and The Michael’s Org. unveiled the first 21 units of Mill Creek Gardens. When complete, the property will encompass 126 apartments.

Brooklyn metro report Photo by Benedeki Stockphoto.com

Brooklyn Multifamily Report – Winter 2019

The borough’s stock expansion reached a new cycle peak in 2018, with most of the new supply geared toward high-income residents.

Blaze Partners Acquires NC Luxury Asset

Completed in 2015, The Gibson was built on the site of an historic recording studio in the Plaza Midwood neighborhood of Charlotte.

JV Secures Construction Loan for Charlotte Development

A Walker & Dunlop team arranged the financing for Mosby University City, a 309-unit community developed by Middleburg and The Mattoni Group.

Phoenix Senior Living Community Begins $260M Redevelopment

The Weitz Co. has started construction of 34 patio homes at Beatitudes Campus as the first phase of a comprehensive eight-year expansion plan.