News

Renaissance Properties Sells New Jersey Community

JLL Capital Markets represented the seller in its disposition of The Hub, located in Metuchen.

Multifamily Investors Expect Modest Impact from Virus

Owners and developers believe demand will outlive short-term turbulence, according to a new survey by Institutional Property Advisors.

U.S. Capitol

Coronavirus Relief Package Awaits Final Approval

The $2 trillion stimulus includes multiple provisions that could aid renters and multifamily companies.

Essex Realty Arranges Sale of Boutique Chicago Community

President Doug Imber, Principal Kate Varde and Director Clay Maxfield facilitated the $6.7 million deal.

Watermark Residential Begins Kansas City Project

The garden-style community in Missouri’s fastest-growing county will feature 276 units.

Westplan Lands $28M Loan for Nashville Project

The 236-unit community will take shape next to the Music City’s upcoming Major League Soccer stadium.

Berkadia Arranges $117M in Cleveland Refis

The Freddie Mac loans will be used for two properties, Edison at Gordon Square and Innova.

Darwin German Real Estate Secures Financing for Texas Acquisition

Nova Capital arranged the loan for the purchase of Gold Creek Apartments in a suburb of Fort Worth.

Artemis, Preiss Cos. Sell Georgia Student Housing Property

Berkadia represented the sellers and secured a bridge loan from Basis Investment Group, on behalf of the buyer.

Senior Housing Industry Tells Investors: Don’t Panic

While senior housing REITs are getting pummeled as investors pull back, fundamentals remain strong and operators are prepared for the crisis.