Cities
Keeping Up With Supply in Baltimore
As the multifamily development boom continues, demand remains strong in the metro, bolstered by consistent job gains in high-earning sectors.
Local Developer Adds 70 Units to Seattle Affordable Housing Supply
Lake City’s former Fire Station 39 site has been revitalized as an apartment building dedicated to low-income individuals and families. Rents range from $526 to $1,353.
San Antonio Student Community Changes Hands
Arrimus Capital financed the acquisition of the 498-bed property with a nearly $25 million Freddie Mac loan originated by Walker & Dunlop.
Berkadia Represents Both Parties in $33M Miami Deal
Senior Director Tal Frydman, Director Yoav Yuhjtman and Associate Director Nicholas Perrone of the company’s South Florida office brokered the sale of the 234-unit Park Plaza Apartments.
Community for Homeless Proposed in Albuquerque
A local business alliance plans to construct a campus-style property west of the city with space for approximately 170 people.
Albuquerque Housing for Homeless Opens Doors
The developer broke ground on the new 52-unit building at the city’s largest shelter for homeless people, Joy Junction, in May 2017.
Castle Lanterra Hires Chief of Staff
Mischa Edwards has roughly 10 years of management experience and will also serve as head of client services, overseeing the investor/client reporting and support process.
Megalith Capital Management Adds New SVP
Matthew Lobron will focus on the firm’s residential and commercial ground-up development activities, after serving various roles at Zeckendorf Development and Extell Development Co.
Detroit Community Reopens Following $12M Renovation
The Hamilton Midtown, a 105-year-old historic building previously known as Milner Arms, underwent an extended renovation that lasted more than a year.
On the Market: 5 Interesting Listings for the Week of 10/15
This week’s listings include a student housing investment opportunity in Boca Raton, an affordable community in Tampa, and more.