News

Bronx Affordable Housing Development Opens

The $52 million project is located in the Mount Eden neighborhood and will provide 126 units and supportive services.

The Future of Multifamily Amenities

A new survey from NMHC reveals some surprising results about what renters really want.

Fifield Tops Off Chicago Community

The 188-unit luxury residential building in the River West neighborhood is slated to open in the fall of next year.

Access Device Provides Key-Free Exits

Available in touchscreen or pushbutton models, the product from ASSA ABLOY offers greater building control for multifamily property owners.

The Escala Apartments. Image courtesy of Rastegar Property Co.

Rastegar Property Co. Expands Portfolio in Texas’ Capital

The new owner plans to renovate and modernize the building’s exterior, as well as the interior of each condominium unit.

California Communities Trade for $17M

The two neighboring communities in Azusa, Calif., built in the 60s, total 72 units that will be upgraded by the new owner.

Oak Residential Trades 350-Unit Kansas City Community

Goldman Sachs provided the buyer with a $32 million acquisition loan for the Class B multifamily asset.

CBRE Brokers South San Diego County Sale

Allen Chitayat and Nate Pepper represented the buyer, a Viewpoint Equities Inc. subsidiary. Hollister Creek Village traded for nearly $11 million.

Historic Boston Community Lands $10M Loan

In a deal arranged by Hunt Real Estate Capital, the 47-unit Navy Yard Apartments received financing through Fannie Mae.

LEED Silver Affordable Housing Asset Puts on Rooftop Solar

The power capacity is estimated to reduce the cost of electricity by as much as 50 percent and will pay for itself in nine to 10 years.