News

Grandbridge Closes $567M Portfolio Refinancing

The 11 multifamily assets—owned by Olen Properties Corp. and located in Florida, Georgia and Nevada—were recapitalized using GSE green financing loans.

Charlotte Metro Report Photo by ZekaG iStockphoto.com

Charlotte Multifamily Report – Fall 2019

Backed by population and employment growth, rental demand and the development pipeline both continue to be robust.

Atlanta-Area Community Commands $31M

With the assistance of Cushman & Wakefield, Wilkinson Group sold the 220-unit community in Villa Rica for almost double the price when it traded in 2014.

Facebook Commits $1B to Affordable Housing in California

The move comes on the heels of Microsoft and Google pledging big bucks to affordable housing solutions in recent months.

5 Markets with Greatest Occupancy Loss

5 Markets With the Greatest Occupancy Loss

These metros saw their occupancy rates decrease by as much as 120 basis points year-over-year through August.

Brooklyn Multifamily Report – Fall 2019

The market’s multifamily sector continues to perform well, with rent growth still strong despite last year’s development peak.

JLL Arranges JV Equity Partnership for Portland Property

Alamo Manhattan has teamed up with MetLife Investment Management to build a luxury mixed-use community in the city’s South Waterfront neighborhood.

Thayer Manca Trades Seattle-Area Asset for $40M

The company first acquired the asset in 2015 and invested $4.2 million in interior and exterior renovations.

Pacific Urban Expands in Northeast With $98M Buy

The California-based apartment investment company acquired a 217-unit property next located in Morristown, N.J.

Tampa Community Commands $69M

The 318-unit Class A residential property was developed in 2017 by a joint venture of Glenmont Capital Management and Arlington Properties Inc.