Featured
Blackard Transforms Multifamily with a Village Approach
The developer champions a new vision for multifamily properties that is derived from an ancient concept of community.
Manhattan Rental Property Lands $215M Refi
The part-affordable community is located within Essex Crossing, a mixed-use development that will eventually house more than 1,000 apartment units.
1st Phase of Bronx Mixed-Use Project Delivers
Breaking Ground and its partner Comunilife Inc. have opened the first affordable building as part of a 1.1 million-square-foot development.
Philadelphia Multifamily Report – Fall 2019
Rents in the metro rose 3.7 percent year-over-year through August, outpacing the 3.3 percent U.S. rate.
Seattle Senior Project Targets a Green First
Scheduled for completion in spring 2021, Aegis Living Lake Union will be the first assisted living community to achieve an elite international green status certification.
Morgan Properties Wraps 18,000-Unit Portfolio Buy
The firm picked up the 80-property portfolio from unrelated seller Morgan Communities, whose leader was indicted earlier this year on federal fraud and money laundering charges.
Manhattan Multifamily Report – Fall 2019
The borough’s year-over-year rent growth of 3.5 percent as of August surpassed the U.S. figure for the first time in many years.
San Jose Community Lands $330M Loan
Z&L Properties Inc. is developing a two-tower, 640-unit luxury condo project in the downtown area.
Rent Regulations Leading to Less Investment: Report
A survey commissioned by NMHC finds that multifamily investors and developers are pulling back in the face of rent control laws.
Grandbridge Closes $567M Portfolio Refinancing
The 11 multifamily assets—owned by Olen Properties Corp. and located in Florida, Georgia and Nevada—were recapitalized using GSE green financing loans.