Finance & Investment
JV Pays $600M for Southeast Assets
Carroll Organization and PGIM Real Estate acquired more than 4,000 apartment units across three portfolios. The deal marks the fifth joint venture between the two companies since last December.
RYBAK Development Lands $48M Loan for Brooklyn Project
The Carlton Group Ltd. arranged the construction financing for the 20-story Sea Breeze Tower, located in Coney Island.
Peak Capital Acquires NM Asset
KeyBank provided the buyer of the 120-unit, Class B multifamily property with more than $11 million in Fannie Mae financing.
MD Student Housing Price Sets Record
CBRE assisted Greystar and Rockpoint Group in the $235 million sale, which marks the largest transaction for a single student housing asset in the U.S.
Wood Partners Sells Luxury Building in Salt Lake City
Completed in 2017, Alta Gateway Station is the first LEED Platinum-certified apartment building in Utah. The sale of the 277-unit rental property was handled by Cushman & Wakefield.
Charlotte Community Receives $22M Fannie Mae Loan
Arbor Realty Trust funded the DUS loan for Pressley South End Apartments, a 44-building asset in the southwestern part of the metro.
Opportunity Zones Knock
The new Opportunity Zones program potentially opens the door for billions of dollars to flow into multifamily development. NMHC Vice Presidents Matthew Berger and Dave Borsos provide both an update on recently promulgated regulations and a roadmap for further improvements.
The Tech-Multifamily Connection
How the sector is spurring development and investment opportunities far beyond Silicon Valley, and where it could strike next.
Technology Supercharges Multifamily Investment
Crowdfunding sites, online marketplaces and auction platforms are giving multifamily investors and lenders the ability to execute a wide range of deals quickly and efficiently. Which innovations are taking center stage?
Multifamily Investment’s Globetrotters
Capital is flowing toward multifamily assets across the U.S. border in both directions as both domestic and foreign buyers assess new opportunities in one another’s markets.