Finance & Investment
Nonprofits Land $37M for Boston Affordable Project
MassHousing provided a complex financing package for the 135-unit development to take shape near Mattapan Station.
JLL Arranges Construction Loan for San Diego-Area Townhomes
Director Chris Collins arranged the financing on behalf of Responsible Residential for its property in Santee, Calif.
Hines JV Breaks Ground on Chicago-Area Community
The firm received construction financing from New York Life Real Estate Investors for its project in Oak Brook, Ill.
Sherman Residential Acquires Texas Property
Avenues at Creekside Apartments is situated in New Braunfels, a rapidly growing San Antonio submarket.
Top 5 Midwestern Markets for Multifamily Transactions
Even as deal velocity has slowed nationwide, one market’s volume through October picked up by nearly 50 percent compared to last year.
Thayer Manca Receives $26M Refi for New Mexico Property
The 264-unit Circ Apartments in Albuquerque has undergone a $4.1 million interior and exterior remodeling process.
PEEK Lands Construction Loan for New Jersey Community
The 50-unit Apex Orange Crossing will be located within a qualified Opportunity Zone in the City of Orange, N.J.
Hines Begins Construction on New York Luxury Development
Northlight at Edge-on-Hudson will feature 246 units as part of a $1 billion mixed-use project in Sleepy Hollow, a suburb of New York City.
Bain, Magnolia Capital Launch $900M Multifamily Venture
The two firms will focus on acquiring value-add properties in primary and secondary markets across the country.
Multifamily Sales Trending Up: Newmark
Quarter-over-quarter transaction volume increased 55.9 percent, the strongest sequential gain since 2011, according to the firm’s Q3 Capital Markets Report.