News
New York Affordable Housing Property Commands $48M
CBRE Affordable Housing and CBRE’s New York Institutional Group arranged the sale of the 311-unit community in Yonkers, N.Y.
Phoenix-Area Property Trades for $16M
ReNue Properties sold Sonoma Heights, a 96-unit value-add community located in Mesa, Ariz.
Crescent Communities Names DC Managing Director
Brandon Wright brings more than 13 years of experience to the firm, where he will oversee multifamily operations in the metro.
Dominium Opens 2 Affordable Communities in Denver
North Range Crossings and East Range Crossings include 468 units combined.
Quarters, Co-Living Brand, Enters DC Market
The global firm will open a 239-bed location in a brand-new, mixed-use development.
Intellithings Launches Smart Home Device
The Israeli startup has released the RoomMe Personal Location Sensor, which can identify a person in a room and trigger customized settings.
Wood Partners Debuts San Diego Luxury Community
The 110-unit Valentina by Alta is the developer’s second multifamily property in the city.
Affordable Jacksonville Community Sells for $19M
Alden Torch Financial sold the 224-unit asset in Southridge. Newmark Knight Frank provided acquisition financing for the buyer through Freddie Mac.
SunTrust Scores $95M in Florida Refis
Bluerock Residential Growth REIT owns the two Class A properties in the Gulf Coast cities of Destin and Naples.
Greystone Buys Multifamily Financing Platform for $80M
The company will take over the direct bond purchase business, which has roughly $1 billion in total assets, from Burlington Capital.