Cities
$60M Financing Secured for Orlando Apartments
HFF arranged the loan on behalf of the developer, a partnership between Sumitomo Corporation of Americas, FINFROCK and OneEleven Residential.
Equity Residential Acquires Jersey City Community
Madox is a 131-unit LEED Silver certified building located in the Paulus Hook neighborhood. J.P. Morgan Asset Management was the seller.
Closeup on the Bronx Affordable Housing Market
Developing and preserving affordable units in the dynamic borough of New York City is a genuine challenge. MBD’s Derrick Lovett and Monadnock’s Tom Ciano weigh on the borough’s affordable housing shortage and discuss the companies’ recent multifamily projects.
Ferndale Realty Group Sells Cincinnati Communities
Ardizzone Enterprises purchased Apex and Parkton in a transaction which involved two loans totaling $38.7 million. Merchants Bank of Indiana originated the financing.
Top Multifamily Transactions in TN in 2018
Investment in Tennessee stayed strong in 2018, as Nashville’s appeal only grew following Amazon’s commitment to add jobs to the metro going forward.
Executive Q&A: Managing Lender Risk in 2019
Trez Forman Capital President & CEO Brett Forman touches on the current competitive landscape, his firm’s expansion into New York City and its mantra for success.
Multifamily Manhattan Report – Winter 2019
Despite strong demand, apartment construction across the borough has slowed, while the average rent is approaching the $4,200 mark.
NKF Brokers $123M Sale of High-End Property in Boston
Oxford Properties Group entered the Boston residential market with the acquisition of a 195-unit luxury apartment community adjacent to the Longwood Medical Area.
$80M Luxury Community for Seniors Coming to Long Island
Triangle Equities is teaming up with GTIS Partners to develop Kensington Estates, an upscale community targeting seniors aged 55 and over in Woodbury, N.Y.
California Sues Huntington Beach Over Lack of Affordable Housing
Gov. Gavin Newsom directed the state’s attorney general to file the first-of-its kind litigation against the city, claiming its non-compliance with state housing law is contributing to California’s housing crisis.