News
Pittsburgh Multifamily Report – Spring 2019
Apartment demand is fueled by young professionals looking for modern, well-located rental units in the city’s central neighborhoods.
Making the Case for Affordable Housing Investment
Turner Impact Capital Founder Bobby Turner, an investor who joined forces with A-list celebrities like Eva Longoria for socially impactful projects, shows how deploying capital in affordable workforce housing can yield market-level returns.
Allied Orion Breaks Ground on San Antonio-Area Community
The Retreat at Creekside is the last property to be constructed within Creekside Town Center, the more than 400-acre master-planned development in the Interstate 35 Corridor.
Dekel Capital Arranges $41M Loan for MN Community
Central Park West includes a total of 199 units, of which six are affordable, according to Yardi Matrix data. The community is close to downtown Minneapolis.
Historic Buffalo Community Receives Freddie Mac Refi
A Community Preservation Corp. subsidiary closed on a $2.4 million small balance loan for Houk Lofts, a 22-unit property.
Affordable Housing Project Breaks Ground in Oregon
Developer BRIDGE Housing has started work on 61 apartments for low-income families in north and northeast Portland. The property will accept Section 8 vouchers.
Tampa Community Commands $13M
Axonic Properties has sold the 110-unit multifamily property located near Hillsborough River. Franklin Street represented both buyer and seller in the transaction.
Cushman & Wakefield Sees Co-Living Tipping Point
In a new report, the brokerage finds this niche asset class to be approaching the critical mass needed to attract significant institutional investment.
San Francisco Luxury Tower Changes Ownership
Developed by Crescent Heights in 2016, Jasper is a LEED Silver certified high-rise property close to the city’s Financial District.
EJF Capital Backs $95M DC Development
The alternative investment manager has teamed up with Donatelli Development and Blue Skye Development on the 262-unit multifamily community within an Opportunity Zone.