Finance & Investment
Brooklyn Mixed-Use Development Lands $165M Financing
HFF worked on behalf of a joint venture to arrange the construction loan, which will be used to develop One Boerum Place, a downtown luxury property.
KeyBank Provides $12M for Cleveland Adaptive Reuse Project
Snavely Group will use the financing to create 38 affordable units at Forest City Square Apartments, an environmentally friendly housing development.
JV Acquires San Antonio Student Housing
The Preiss Co. and a private real estate fund advised by Crow Holdings Capital purchased the 694-bed community, marking the joint venture’s second acquisition in San Antonio this year.
How Privatizing GSEs Could Impact the Multifamily Market
New proposals to end conservatorship and revamp the roles of Fannie Mae and Freddie Mac raise questions among industry experts.
Affordable Buffalo Community Scores Construction Financing
Elim Townhomes received $12.1 million in construction financing from KeyBank. The community will reserve five units for individuals with physical, hearing and vision impairments.
Historic Chicago Building Receives $53M Loan
The NHP Foundation has commenced renovation on the Mark Twain Hotel. By the end of 2019, the property will encompass 148 affordable units.
Emma Capital Grows in Indianapolis with $39M Buy
The Toronto-based company expanded its footprint in the city to 1,829 units with the acquisition of two apartment communities in the Washington West submarket.
San Francisco-Area Project Gets $104M in Financing
A joint venture of Prometheus and Legacy Partners secured construction financing for Trestle Apartments, a mixed-use development under construction in San Carlos, Calif.
American Landmark Grows Tampa Portfolio
The company has purchased Carlyle at Crosstown, a 300-unit, garden-style community located in the Clair-Mel City submarket, and will invest $2.3 million in capital improvements.
California Expands Affordable Housing Finance Incentives
The new program aims to incentivize affordable housing development for residents with a mix of incomes.