News
Brooklyn Affordable Community Breaks Ground
Trinity Financial Inc. and the New York City Housing Authority are bringing the 180-unit property to the borough’s Brownsville neighborhood.
Atlanta Multifamily Report – Fall 2019
Atlanta’s business-friendly climate and relatively low cost of living continue to lure companies and residents alike.
3D Investments Trades Las Vegas Community for $19M
The 193-unit garden-style community, built in the 1970s, last changed hands two years ago for $11 million.
Podcast: Getting Creative With Affordable Housing Lending
Merchants Capital President Mike Dury discusses mortgage lending activities for the affordable housing market. Tune in to hear his take on what’s ahead.
Dominium Expands Dallas Presence
Canadian Imperial Bank of Commerce originated a $20.7 million loan for the acquisition of a 200-unit property.
InvestRes Sells Tampa-Area Portfolio for $29M
The two communities in Bradenton, Fla., total 297 units with one property designated fully affordable.
Berkadia Adds New SVP to Affordable Housing Team
David Leopold will oversee activities, such as mortgage banking, investment sales and tax credit syndication services.
Vulcan Sells Seattle Community for $98M
JLL brokered the sale of Augusta, a 210-unit property that includes ground-floor retail.
Jersey City Joins Push to Block Airbnb
Boston and Jersey City recently passed laws clamping down on the short-term rental platform.
Metro Jacksonville Community Changes Hands
Proxima Asset Management sold a 120-unit garden-style community in Orange Park, Fla. Cushman & Wakefield assisted the seller in the transaction.