News

Harbor Group Relaunches Dallas’ Manor House

Following extensive upgrades, the 25-story property has a new look. Covington Hendrix Anderson Architects was in charge of the extensive interior and exterior makeover.

Affordable Age-Restricted Community Opens in DFW Suburb

Bethlehem Baptist Church broke ground on Pioneer Place a little more than a year ago. The 135-unit property serves senior residents in Mansfield, Texas.

Top 5 Markets for Multifamily Occupancy Growth

The best-performing markets ranked by year-over-year occupancy increases through April 2019, based on Yardi Matrix data.

Baltimore Luxury Community Nabs Refi Loan

Hunt Real Estate Capital arranged the Fannie Mae conventional multifamily financing for a partnership of local developer Mark Sapperstein and Kinsley Equities.

Rhapsody Wins Management Contract for Quebec Tower

The Canadian firm will oversee the 198-unit Parc Central Laval, developed by Saroukian Group in the city of Laval, roughly 18 miles from Montreal.

Upgrades Boost Fort Worth Asset’s Appeal

Greysteel arranged the sale of a 53-unit community in Fort Worth. Recent capital improvements attracted investors and will enable future rent increases.

Jacksonville Community Trades for $13M

Berkadia originated nearly $11 million in Freddie Mac acquisition financing for the buyer of the 162-unit partially affordable property in the southeastern part of the city.

Canada Invests $357M in Affordable Housing

The Canada Mortgage and Housing Corp. will build and fund more than 700 new rental housing units for middle-class families in Toronto.

Top 5 Apartment Owners in Raleigh-Durham

The overwhelming majority of the metro’s multifamily owners are regional and national investors, drawn by The Triangle’s strong market fundamentals.

Berkadia Arranges Indianapolis Community Sale

Director Chris Bruzas and Senior Managing Director Alex Blagojevich negotiated the deal on behalf of the seller, Barrett Asset Management.