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SunTrust Community Capital Provides $11M for DC Senior Housing
The 80-unit Abrams Hall Senior Apartments is the residential component of The Parks at Walter Reed, a 66-acre redevelopment of the former Walter Reed Army Medical Campus.
Stone Point Capital to Acquire Sabal Capital Partners
The firm will continue to be operated by Founder & CEO Pat Jackson, as well as other senior members that will make investments within the company alongside the Trident VII funds.
Knoxville Fights for Position
The city is in the midst of a rental housing revival, spurred by trend-defying economic development.
263 Luxury Condos Coming to FL
Joseph Kavana’s Metropica in Sunrise is slated to be one of the largest mixed-use communities in the country when completed. Phase I will open in December 2018 and will include a salt-water pool, tennis courts and cross-training facilities.
Healthy Demographics Push Up Demand in Portland
The city’s strong economy makes it an attractive metro, especially for young professionals looking for high-income jobs.
HFH Acquires $51M CA Property
Stepp Commercial represented both sides in the sale of Patio Gardens, a 127-unit community in Long Beach that will undergo an extensive renovation.
Kansas City Grows From the Core
Young professionals continue to fuel multifamily development in the area, with rent growth registering a slight rebound in the first part of 2018.
Deliveries Slated for Cycle Peak in San Diego
Strong demand and a relatively slow pipeline keep the city as one of the country’s most stable multifamily markets.
Time to Step Up the Value-Add Game
Robert Cohen of Hudson Capital Properties touches on the challenges and opportunities in the multifamily sector. He also highlights why consolidation is the company’s key short-term goal.
A Lender’s View: South Florida Development Going Strong
Although creditors are starting to grow cautious due to the current real estate cycle, developers in the Sunshine State continue to secure construction financing in a market showing no signs of a slowdown.