Finance & Investment
The Milestone Group Closes Fund With $750M
The vehicle is expected to invest in more than $2 billion of multifamily assets.
New Jersey Self Storage Facility Breaks Ground
Quinlan Development Group plans to complete the 1,084-unit Fair Lawn facility next summer.
Tower 16 Capital Buys $41M Inland Empire Portfolio
CBRE provided more than $36 million in acquisition financing for the 214-unit transaction.
A Closer Look at Energy-Focused Financing for Multifamily
Green energy lenders discuss C-PACE’s growing popularity over the past year and how the program can further strengthen the apartment market.
Capstone Brokers $13M Sale of North Carolina MHC
Taylor Property Group sold the 298-site community to an entity related to Vineyards Impact Funds.
Red Stone Equity Partners Closes $207M LIHTC Fund
The vehicle marks the firm’s largest ever and will help create or rehabilitate more than 1,600 affordable units.
Philadelphia Student Housing Development Gets $23M
College Town Communities will use the loan to build the 264-bed expansion near Penn State Abington’s campus.
Greystar Acquires Majority Interest in Thackeray Partners
The acquisition will give the firm additional rental housing as well as access to investments in the growing industrial sector.
Estate Cos. Lands $76M Loan for Miami Project
The construction financing from Bank OZK will be used to build a 367-unit community in North Miami Beach.
Alex. Brown JV Pays $24M for Alabama Student Asset
The buyer financed the 192-unit acquisition with $19.5 million from Ares Commercial Real Estate.