Cities
Suburban Atlanta Community Commands $35M
The acquisition of the 300-unit Class B multifamily asset, constructed in 1985, marks One Real Estate Investment’s first purchase in the metro.
Newly Completed Nashville Community Lands $40M Refi
The Giddings Group opened the 251-unit luxury asset in the city’s North Nashville/Bordeaux submarket in 2018. The new financing package pays down a prior construction loan from SunTrust Bank.
The Habitat Co. Grows IL Affordable Management Portfolio
The Drexel Properties, a 155-unit community in Chicago’s Kenwood neighborhood, brings the company’s affordable housing assignments to more than 10,000 units.
29th Street Capital Expands FL Footprint
The company has entered the Tampa-St. Petersburg market with the acquisition of a 261-unit community located approximately 5 miles from downtown St. Petersburg.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in January 2019 in New York City.
Miami Worldcenter’s 1st Tower Comes on Line
Nitin Motwani, managing principal at Miami Worldcenter Associates, speaks in depth about the milestone for the $4 billion project—one of the largest of its kind in the U.S.—located near the Brightline at MiamiCentral.
FCP Expands Atlanta-Area Portfolio With $30M Buy
Hercules Real Estate Services sold the 210-unit Chroma Park in Austell, Ga. The new owner plans to invest in capital improvements on buildings, amenities and interiors.
Dallas Community Changes Hands
NorthMarq Capital provided the buyer, MORE Residential, with more than $43 million in Freddie Mac acquisition financing for the 2013-built asset.
Boston’s Affordable Housing Market: An Insider’s View
Community Preservation Partners’ John Fraser weighs in on trends in Boston and the East Coast, as well as creative strategies for financing affordable development.
Greystone Provides $133M Loan for NYC Asset
The Fannie Mae loan will refinance a mixed-income property encompassing 571 units on the Staten Island North Shore waterfront.