News
Marcus & Millichap Names New Executive Director
Following the promotion, Eric Bell, who has been with the company for 25 years, will become the only active agent in the firm’s Chicagoland offices to hold this position.
California Passes Statewide Rent Control
A bill that caps annual rent increases to 5 percent passed the state legislature and is expected to be signed into law by Governor Newsom.
Affordable Passive House Community Breaks Ground in NYC
The 152-unit building in the South Bronx is reserved for formerly homeless and low-income seniors.
Mill Creek Breaks Ground on Florida, California Projects
The multifamily firm has started work on two communities totaling 526 units in Tampa and Oakland.
TruAmerica Buys Multifamily Portfolio for $109M
The firm purchased three properties in Raleigh, N.C., marking its first acquisition in the state.
Atlanta Affordable Community Changes Hands
Greystone provided a $19.3 million loan for the purchase of Shamrock Gardens.
Villagio Senior Living Selects New Management
Cappella Living Solutions was tapped to manage properties in Texas, Oklahoma and Colorado.
New Jersey Affordable Housing Scores $69M Refi
NorthMarq arranged the financing for four communities owned by Ironstate Development in Hudson County.
Two Waters Capital Enters Tennessee Market
The company purchased its first two properties in Chattanooga with more than $31 million in loans.
Miami-Area Luxury Tower Scores $460M Refi
Fontainebleau Development received the floating-rate loan for its 54-story condo project in Sunny Isles Beach.