Finance & Investment
Related Acquires Manhattan Affordable Housing for $424M
The Section 8 community and its 490 units in Manhattan’s Lower East Side are fully leased.
Top 10 Emerging Multifamily Markets – Part II
The metros on this list saw their per-unit prices rise by as much as 95.1 percent while transaction activity was cooling across the country.
Colliers Closes $29M Colorado Sale
Bill Morkes and Craig Stack represented the seller and procured the buyer of the 192-unit asset.
Reviewing Opportunity Zones With Steve Glickman and Ira Weinstein
The two experts share insights and perspectives on the program’s performance.
Bell Partners Sells Denver-Area Community for $154M
The 500-unit property underwent more than $13 million in upgrades in recent years.
Prime Residential Buys Portland Community for $81M
BPM Real Estate Group sold the 261-unit property west of downtown in a transaction brokered by Institutional Property Advisors.
FCP Acquires Atlanta Asset for $30M
The community’s new owner assumed an existing $16.5 million Fannie Mae loan.
YMP Buys Louisville Community for $71M
The 690-unit garden-style property in the Fern Creek neighborhood last changed hands for nearly $53 million in 2017.
$350M Secured for South Bronx Development With 542 Affordable Units
The project is part of a Bronx residential building boom and Mayor De Blasio’s plan to add 300,000 affordable units by 2026.
GMF Capital Buys Tampa Community for $58M
Built in 2017, the 240-unit apartment building is located in the historic Ybor City neighborhood.