Cities
Top 10 Multifamily Completions in the Midwest in 2018
With more than 35,000 new units, multifamily development in the Midwest closed a very active 2018, on par with national trends.
Finding Value in Philadelphia’s Multifamily Market
Dalzell Capital Partners’ founder & managing partner shares his knowledge about Philadelphia’s multifamily business climate and what to expect in a late-cycle economy.
Cushman & Wakefield Negotiates $73M Sale of 2 FL Properties
Centennial Holding Co.’s acquisition of communities in Lakeland and Plant City positions the new owner to take advantage of commuting distances to nearby Orlando and Tampa.
On the Market: 4 Interesting Listings for the Week of 1/21
This week’s listings include a value-add opportunity in a highly populated area of Connecticut, an affordable asset in central Las Vegas, and more.
$500M Fund Targets Bay Area Affordable Housing Shortage
A consortium of leading Bay Area philanthropy, business and community advocates—including the organization co-founded by Facebook’s CEO—is launching one of the largest housing investment funds in the U.S.
Senior Housing Community Breaks Ground in NY
Construction has begun on Atria New City, a $30 million, 80-room assisted living and memory care facility in Clarkstown, N.Y.
Westmount Realty Capital Sells Metro Dallas Property
MBP Capital Inc. acquired Westmount at the Colonnade, a garden-style community that had recently undergone a $1.4 million renovation.
Suburban Kansas City Community Commands $74M
Carroll Organization sold the 402-unit asset less than three years after acquiring it. The transaction was subject to a $50.9 million Freddie Mac loan.
Weidner Sells Phoenix Community for $37M
Weidner Apartment Homes sold Monterra Apartments Homes for $37.2 million after almost a decade of ownership. The buyer financed the acquisition through a loan.
Denver Luxury Community Breaks Ground
Once completed, the 132-unit community will offer convenient access to downtown Denver. Modera LoHi will feature a mix of studios, one- and two-bedroom units.