Finance & Investment

Multifamily Recovers Though the Pandemic Persists

How much has changed for the multifamily sector?

JLL Income Property Trust Invests in $1.2B SFR Portfolio

The REIT acquired a 47 percent interest in a portfolio with more than 4,000 homes.

Kittle Property Group Secures $47M for Indianapolis-Area Development

KeyBank has provided the funding for an upcoming 264-unit affordable housing project in Whitestown, Ind.

The Need for Speed in Construction Lending: Q&A

Trez Capital’s Brett Forman, executive managing director for the eastern U.S., on what’s driving the high deal volume in multifamily financing.

Southwest Florida Multifamily Project Lands $45M Construction Loan

The 288-unit garden-style community in Port Charlotte is scheduled for delivery in the second half of 2023.

Berkadia Secures $77M Financing for 2 Southeast Properties

The HUD loans will be used to refinance a property in Virginia and construct a community in West Virginia.

Northwood Ravin Lands Refi for Charlotte Community

CBRE arranged the loan for the 823-unit Village at Commonwealth.

Covenant Capital Raises $600M Apartment Fund

The largest vehicle in the firm’s history will be used to acquire as many as 50 value-add properties over the next several years.

Western Wealth Pays $31M for Las Vegas Asset

The transaction marks the company’s second acquisition in the metro.

Lifespace Sells 2 Senior Communities for $42M

The facilities in Urbandale, Iowa, and Lincoln, Neb., add up to 349 units.