News
$72M Affordable Project Launched in Brooklyn
The Institute for Community Living is building the 128-unit community, which will include 78 apartments reserved for the formerly homeless.
Adaptive Reuse Project in Kansas City Lands $33M Loan
The redevelopment of the former Commerce Bank Executive Office building in downtown Kansas City, Mo., will create a 184-unit community. Berkadia originated the financing.
Atlanta Multifamily Report – Summer 2019
The metro’s quality of life, relative affordability and strong potential for rent growth continue to support the multifamily pipeline.
Jacksonville Value-Add Community Changes Hands for $35M
The new ownership will invest more than $5 million to upgrade and reposition the 444-unit multifamily property as Topaz Villas JAX.
Turner Impact Capital Buys 659-Unit Houston Property
The buyer funded the acquisition of the 53-building Urban Palms with a $38 million Fannie Mae loan. Walker & Dunlop originated the financing.
CBRE Pays $102M for Nashville Community
The firm selected Greystar to oversee operations at the 367-unit Class A multifamily asset in The Gulch. The property opened its doors in 2018.
A Closer Look at CA Ventures’ Expansion Plans
Steve Boyack, recently named CEO of CA Management Services, explains how a management company should adapt its strategies in order to retain tenants and become more sustainable.
Historic Landmark Changes Hands in West Hollywood
Casa Real encompasses 60 units and is located within walking distance of Sunset Boulevard. New owner Concord Capital Partners used a $13.9 million loan to purchase the $17.3 million asset.
Sequoia Equities Buys SoCal Community for $83M
CBRE provided the buyer of the 247-unit Class A asset in the Inland Empire with $52 million in acquisition financing through Fannie Mae.
Real Estate Gives Back: Stephen Rosenberg Shares Half
While building his multi-billion housing finance firm, Greystone’s CEO has been donating a minimum of 50 percent of the company’s profits.