Cities

Work Starts on 103-Unit NJ Affordable Project

Volunteers of America Delaware Valley is building the community, Centerton Village, in the township of Mount Laurel. Funded in part by NJHMFA, the project is slated for completion in May 2020.

Miami Matrix Report Photo by Sean Pavone iStockphoto.com

Miami Multifamily Report – Spring 2019

Solid economic fundamentals and population gains continue to fuel the metro’s apartment market. Some 13,300 units were delivered last year and more than 26,000 were underway as of February.

AKAM to Manage Metro Miami Luxury Property

The 113-unit condominium development is the newest residential construction built inside the Boca West Country Club in more than 15 years.

Western Wealth Capital Grows AZ Portfolio with $23M Purchase

The investment company financed the acquisition of the 198-unit Artisan Park in Glendale with a $15.1 million Fannie Mae loan.

Top 5 NYC Multifamily Sales

PropertyShark compiled the top 5 multifamily sales recorded in April 2019 in New York City.

Toro Real Estate Grows Jacksonville Presence

The Long Island-based company now has 756 units in the city, after adding three properties and 552 units in deals totaling $39 million.

Counter Capital Expands Philadelphia Portfolio

A joint venture of Dalzell Capital Management and Morning Calm Management, the partnership purchased 1501 Locust St. in Center City’s booming Rittenhouse Square neighborhood.

Construction Launches at Oregon’s Largest Mixed-Use Community

Developed by Holland Partner Group, the Portland-area residential development is part of Reed’s Crossing, a master-planned community underway in South Hillsboro, Ore.

Wood Partners Breaks Ground on 300-Unit Phoenix Project

Slated to open in the second quarter of 2020, the developer’s Alta Warehouse District community is one of the first multifamily projects in the revitalized downtown neighborhood.

Hunt Arranges Refi for 940-Unit Houston Affordable Property

The $28.3 million Freddie Mac financing will be used to upgrade interiors of vacant units and add a leasing office and fitness center to The Heights at Post Oak.