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Philly Apartments Obtain $25M for Refi

HFF placed the 15-year loan with Principal Real Estate Investors, with the proceeds used to refinance the construction loan on the property.

Avison Young Negotiates $34M CA Acquisition

Legends at Rancho Belago was built in 1993 as a 40-unit for-sale condominium property. The remaining 166 residences were added in 2006.

Boston Capital Closes Fund for Foreign Investors

The $500 million vehicle will work with financial institutions, pension funds and wealth managers from both Europe and Asia.

Blighted Site Gets New Life

A $54 million project will transform 19th-century factory buildings in Bridgeport, Conn.

Affordable Housing Project Coming to East Harlem

A joint venture between Jonathan Rose Cos. and L+M Development Partners is building a 655-unit, 100 percent affordable housing project.

Crescent Communities Kicks Off Development in Atlanta

Crescent Perimeter will consist of 320 apartments and be situated within a 26-acre office park.

Allen Morris Announces New Luxury Building

The Hermitage Apartment Homes, which is located in St. Petersburg, Fla., is scheduled to be complete by late March.

Renters’ Choice: Loving Apartment Living

MHN paired up with Kingsley Associates to find out what renters like most about their communities.

Caya Place rendering

JV Brings New Affordable Housing to the Florida Keys

The development has an estimated total cost of $15.7 million.

AMCAL Breaks Ground on Sacramento Student Housing

The 225-unit development is scheduled for completion in August of next year.