News
KY Community Trades for $14M
Vazza Real Estate Group purchased the 292-unit multifamily property in Louisville, with HFF securing acquisition financing through Starwood Mortgage Capital.
An Investor’s View on the Portland Multifamily Market
Pathfinder Partners Senior Managing Director Mitch Siegler discusses value-add opportunities in Portland, investment strategies, as well as the biggest challenge in the sector today.
Tampa Rental Property Commands $60M
Axonic Properties acquired the asset from Sachs Cos. for the equivalent of $170,624 per unit, with JBM Institutional Multifamily Advisors facilitating the deal.
HFF Arranges $46M Fannie Mae Loan for Denver Community
Griffis Residential used the financing to acquire Talavera Apartments, where it plans substantial upgrades to everything from unit interiors to overall management and service.
Upgrades Ahead for 16 Manhattan Public Housing Properties
A six-way joint venture will renovate the communities, which are owned by the New York City Housing Authority and home to some 2,900 residents.
Affordable South Boston Community Receives $33M Loan
MassHousing closed on the financing, as Madison Park Development Corp. aims to extend Haynes House’s affordability and begin significant renovations at the 131-unit property.
Mexican Developer Secures $313M for Investment Vehicle
Gran Ciudad Group will expand its multifamily rental portfolio with equity commitments from Canadian investor Ivanhoé Cambridge and pension fund manager Citibanamex Afore.
Manhattan Multifamily Report – Summer 2019
Manhattan’s multifamily market is powering through, bracing for sustained development amid regulatory uncertainties and already deep affordability issues.
Top 5 Multifamily Developments in Kansas City
Following a sizeable number of completions in the past year, developers are moving forward with a number of projects targeting the metro’s high-growth submarkets.
Berkshire Residential Buys Houston Community
The sale of the 276-unit Vargos on the Lake marks the first time the property changed hands since it came online in 2015.