Cities

A Closer Look at Affordable Development in Houston

Rick Guttman, founder of local firm Dakota Enterprises, talks about what is driving the metro’s multifamily market as well as its most stringent issues.

Top 5 Multifamily Transactions in Pittsburgh

While investment volume across the metro has fallen sharply since 2017, investors are shifting focus to suburban locations where value-add deals present higher yields.

$320M San Francisco Project Gets Capital Infusion

Stockbridge Capital Group is reportedly investing $130 million of equity into 1629 Market St., a fully entitled, 420-unit development that will offer a mix of affordable and market-rate.

Origin Investments, Sherman Associates Break Ground on Metro Denver Project

Aspire of Westminster is part of the 105-acre Downtown Westminster master-planned development on the former site of a regional shopping mall.

Net-Zero Community Opens in New York

Solara Apartments residents will benefit from predictable living costs and utilize clean energy solutions, thanks to solar power, electric vehicle charging stations and networked smart building controls.

Finding Value in Houston’s Multifamily Market

Sanmore Investments’ owner, Boris Sanchez, touches on multifamily investment and value-add opportunities in an often-overlooked part of the Texas metro.

Houston Community Receives $11M Refi

Nitya Capital used the loan to retire a prior acquisition financing for the 176-unit Capewood Apartments. Arbor Realty Trust originated the seven-year Fannie Mae loan.

TruAmerica Adds 448 Units to Atlanta Portfolio

The company acquired a Class B community in the suburb of Lawrenceville in the third transaction of the year in the area. So far, the deals have expanded TruAmerica’s local footprint by 1,150 units.

Wood Partners Breaks Ground on Suburban Dallas Community

The 288-unit Alta 289 in Plano is slated for completion in late fall with preleasing beginning in the summer.

Top Multifamily Completions in Orlando

The metro added more than 7,600 units to its inventory during the 12 months ending in March, with mixed-use communities with retail components leading the way, according to Yardi Matrix.