News

Is Affordable Housing Still a Safe-Haven Investment?

Kairos Investment Management Co.’s Jonathan Needell makes the case for affordable housing investments in the face of heightened economic risk.

PFA Buys Stake in $1B U.S. Housing Portfolio

A new REIT joint venture with Simpson Housing owns the 13 Class A communities totaling 3,487 units.

JV Secures $103M Acquisition Loan for Chicago Tower

Newmark Knight Frank represented the partners in the purchase of the 39-story CityFront Place.

BGC Advantage Welcomes Development VP

The former CEO of Lucas Metropolitan Housing Authority brings more than 20 years of industry experience to her new role.

Capstone Facilitates $38M North Carolina Community Sale

Caleb Troop, Ron Corrao and Alex McDermott arranged the disposition of the 249-unit luxury asset in Burlington.

Eyzenberg & Co. Secures $21M Loan for Miami Mixed-Use Project

Managing Director Robert Ginsberg represented the owner of the 7-acre site. The mortgage finances predevelopment costs for Towers at Blue Lagoon, a mixed-use project that includes almost 830 units.

Pennrose Names New VP of Operations

Christine Lacy has more than three decades of property and asset management experience.

Universe Holdings Closes $26M Los Angeles Portfolio Deal

The firm acquired three properties totaling 122 units in the Granada Hills submarket.

Best Value in Downturn May Be Workforce Housing

A white paper from Middleburg Communities assesses the impact a recession related to the COVID-19 crisis might have on apartment properties.

CBRE Arranges $44M Chicago Condo Deconversion Sale

Sam Haddadin and Dan Cohen assisted the seller in the disposition of a 163-unit value-add property in the Gold Coast neighborhood.