News

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.

StreetLights Residential Breaks Ground on Arlington Project

Dubbed The Jackson, the luxury development is part of a larger master-planned community called Viridian.

Jersey City Community Scores $168M Loan

The financing will fuel construction of a 350-unit rental tower as part of a planned 1,000-unit development.

Multifamily Rents Rise as Vacancy Tightens

A new report by Walker & Dunlop finds healthy demand even as nearly 800,000 apartment units are under construction.

Inland Empire Metro Report Photo by Kit Leong iStockphoto.com

Inland Empire Multifamily Report – Fall 2019

The Inland Empire’s affordability advantage compared to other SoCal metros is drawing in new residents, expanding the local labor market and driving up demand for multifamily product.

Harbor Group Pays $59M for DC Luxury Community

JLL provided nearly $46 million in acquisition financing for the buyer of the 243-unit, Class A multifamily asset.