News

Covenant House Starts Work on New Facility for NYC Youth

The purpose-built, 80,000-square-foot property in Manhattan will serve at-risk young people.

Tampa Matrix report Photo by lavin photography iStockphoto.com

Tampa Multifamily Report – Summer 2019

Investors seeking higher acquisition yields than those across South Florida have pushed the metro’s sales volume above the $2 billion mark every year since 2015.

Aeon Opens Twin Cities Affordable Community

Situated in Minneapolis’ growing Towerside district, The Louis directly responds to the neighborhood’s lack of affordable housing.

Comunidad Realty Sells 208-Unit San Antonio Asset

The new owner assumed the outstanding balance of a $10.4 million Fannie Mae loan, set to mature in 2028.

American Landmark Expands Houston Presence

The new owner will rebrand the 360-unit community and implement a capital improvement program.

Sunset Ridge Apartments. Image courtesy of Berkadia

Afton Properties Buys Los Angeles-Area Property for $132M

Berkadia secured $108.7 million in Freddie Mac financing for the acquisition in Lancaster, Calif.

$165M Secured for New Los Angeles Community

The newly built, 376-unit rental property was developed by Mill Creek Residential and was completed last month.

Investors Bullish on Senior Housing as Construction Slows

A new report by Marcus & Millichap finds that supply of the property type is coming into alignment with demand.

Pebb Capital JV Picks Up Providence Site

The investment firm teamed up with Orb Development to build a 131-unit community in an Opportunity Zone.

Airbnb Pledges $25M to Affordable Housing Efforts

The short-term home lodging website will invest in projects supporting, building and preserving affordable housing in California.