News
Houston Multifamily Report – Winter 2020
With job gains once again accelerating, rent growth is slowly but steadily picking up steam.
Alexandria Housing Buys Virginia Community for $106M
JBG SMITH will serve as the property manager for the apartments located near Amazon’s HQ2.
New York Broker Fee Ban Halted by Judge
A state court has granted a temporary restraining order against guidance that barred brokers from collecting a fee from residents.
MBA Predicts Slow Economy, Stable Rates
The strength of the U.S. economy continues, but the list of uncertainties gets longer and longer, says the Mortgage Bankers Association’s Chief Economist Michael Frantantoni.
Radnor Property Group Lands $142M for Philadelphia Community
JLL Capital Markets arranged financing for Phase II of The Hamilton, a 16-story high-rise property in Center City.
Nashville-Area Community Commands $47M
Capstone Apartment Partners procured the buyer of the 2017-built Reserve at Oakleigh.
Pensam Provides $56M Refi for Newly Built Florida Community
The loan will finance the property’s lease-up and retire a $45 million construction mortgage.
Miami Affordable Senior Living Community Opens Doors
Pinnacle developed the 123-unit, transit-oriented property as the first phase of a two-phase, public-private project.
Insula Cos. Lands $46M Refi for Orlando-Area Asset
Berkadia originated the 10-year, floating-rate loan for the 320-unit community in Kissimmee, Fla.
Muinzer Management Acquires Indiana Student Housing
The 1,134-bed Village West serves students attending Purdue University.