Featured
JV to Bring $44M Workforce Housing to Boston Area
Work on the 140-unit The Watson on Howard is scheduled to begin by June, with occupancy expected by July 2018. This community will feature the largest number of workforce units ever financed under MassHousing’s Workforce Housing Initiative.
Bellwether Closes $62M in Financing
The properties include a 116-unit community in New York, a 192-unit community in Texas and an industrial property in Ohio.
Rockpoint Group Snags $87M FL Community
Related Development, the multifamily component of Related Group, sold Town at Pembroke Pines, a recently completed 356-unit property in Pembroke Pines, Fla. During the past 18 months, the company sold three completed multifamily projects totaling more than $290 million.
What’s Impacting 2017’s Investment Landscape
W. Allen Morris, president & CEO of The Allen Morris Co., offers his views on how the new president will impact multifamily, trends to keep an eye on and what’s on his radar for the year and beyond.
Wolff Completes Construction in Downtown LA
Located in the South Park district, the seven-story community consists of 347 units and 19,000 square feet of ground-floor retail and amenity space.
Survival of the Retro-Fittest
A growing list of financing options is making it easier to turn existing apartment properties green. Clearly, the real estate financing market is embracing energy-saving property retrofits.
Jefferson Apartment Group Plans VA Development
The site, formerly the home of the sports bar CarPool, is approved for up to 330 residential units in a 22-story high-rise community in Arlington.
Pollack Shores Begins Construction on FL Luxury Community
The 238,000-square-foot development will comprise three buildings encompassing 237 apartments. The project is set for completion in 15 months.
Ascend’s Niche 905 Unveiled in Chicago
The 18-story, 202-unit luxury tower featuring an array of lifestyle amenities is located on Near North Side.
Texas, Israeli Investors Snap Up Houston Property
The PPA Group and a private investor have acquired a 236-unit community. PPA plans to renovate the units and upgrade the amenities.