Cities
Trez Forman Expands, Opens Atlanta Office
Russ Holland will lead the private real estate lender’s expansion in the metro, which is intended to become the company’s Southeast U.S. hub.
Salt Lake City Loft Project Breaks Ground
The 195-unit property will include an automated parking structure and will be the first project in Utah to take advantage of the federal Opportunity Zone program.
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 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 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.