News

Los Angeles Community Gets $121M Financing

The 566-unit property is owned by GHP and is the third phase of Orsini, a 1,072-unit community built between 2003 and 2010.

Alister Boca Raton. Image courtesy of Newmark Knight Frank

Florida Community Sells for $92M

The buyer, American Landmark Apartments, plans an additional $6.2 million in capital improvements at the 448-unit community located in Boca Raton.

Morgan Properties Buys TN Apartments for $27M

Berkadia provided the buyer of the 212-unit, Class B community in Nashville with more than $23 million in Freddie Mac acquisition financing.

Orlando Multifamily Report – Spring 2019

With more than 12,000 units underway as of March, apartment demand―driven by solid population gains and an expanding job market―continues to increase.

The June Digital Issue of MHN Is Now Available!

Now you can get trend and strategy insights two different ways: Leaf through the Multi-Housing News digital digest for a quick read, or click on individual articles for an in-depth look at each of the topics that most interest you.

Baron Properties Sells Phoenix Asset for $9M

The company had owned the 68-unit community in Christown since 2016, when it acquired it for almost half the current price.

Virginia Community Lands $30M Grant

The federal funds will go toward redeveloping the 256-unit Ridley Place public housing and the surrounding neighborhood. Pennrose is the master developer of the project.

FL Student Housing Assets Secure $39M in Financing

Serving the University of Florida, the two student housing communities recently underwent major renovations to include new amenities. HFF worked on behalf of the borrower.

California Mixed-Use Project Lands $32M Loan

Parkview Financial provided the construction financing for a three-building development in Poway, a northern suburb of San Diego.

Water Street Tampa 1st to Achieve Global WELL D&O Designation

The $3 billion, 56-acre mixed-use community being developed in Tampa, Fla., is an early adopter of the WELL Community Standards that recognize neighborhoods designed and operated to improve the residents’ health and well-being.