News
CPC Scores $33M Fannie Mae Affordability Package
The New York State Housing Finance Agency also provided $20,000 per unit to fund capital improvements at the three properties.
Former Concordia Campus Makes Way for The Troubadour
The six-story, 321-unit project is part of the planned mixed-use redevelopment of the 22-acre former Concordia University campus in Austin.
Freddie Mac: Originations Will Hit $390B in 2020
The government-sponsored enterprise expects the multifamily market in the U.S. to continue its strong growth.
Phoenix Realty, Hanover Acquire 2 Seattle-Area Properties for $79M
With a total of 361 units, Lake Meridian and Royal Firs were owned by the same investor and sold as a portfolio.
PCCP Extends $76M Loan for Los Angeles Buy
Bridge Investment Group sold the 306-unit community in Paramount, Calif., to a joint venture.
Raleigh Multifamily Report – Fall 2019
Fueled by a strong economy and sustained demographic expansion, the Triangle’s multifamily market remains one of the fastest-growing major metros in the U.S.
Griffis/Blessing Buys Colorado Springs Student Community
NorthMarq Capital provided the new owner of the 506-bed property with financing for the $34 million acquisition.
City Club Apartments Kicks Off Detroit Redevelopment
The $25 million project will update the 1974-built tower and designate 20 percent of the units as affordable for the property’s current residents.
Positive Investments Trades Inland Empire Community
The buyer paid more than $14 million for the 120-unit property and plans to invest in capital improvements.
New Luxury Community in Queens Lands $61M Refi
Q-East sits in the Jamaica section of Queens and is the area’s first amenity-rich apartment building delivered in decades.