News
Detroit-Area Community Scores $23M Refi
Berkadia secured a 15-year Fannie Mae loan for the 180-unit garden-style property located less than 5 miles from downtown Rochester.
Sarasota Luxury Condo Tower Gets $75M Financing
The 49-unit high-rise is slated for completion in the first quarter of 2020. Knighthead Funding provided the construction loan for BLVD Sarasota in the city’s Rosemary District.
IA Community Opens After $5M Renovation
RiverEast in Council Bluff now offers new in-unit and common-area amenities including a fitness center and clubhouse, as well as outdoor recreation.
New Luxury Community Underway in Northern Colorado
Developed by Rooney Properties, the 176-unit Timnath Trail at Riverbend Apartment Homes is the first multifamily development in Larimer County’s rapidly growing town of Timnath.
JDS Lands $664M Loan to Build Brooklyn’s Tallest Tower
The developer is moving forward with construction of the 575-unit residential skyscraper, which will rise 1,066 feet upon completion, making it the loftiest New York City building outside of Manhattan.
$32M Earmarked for Houston-Area Development
Greystone has provided Hunington Properties with construction financing to build a new green-certified community in Baytown that will consist of 265 market-rate units.
WashREIT Closes First Tranche of $461M Multifamily Deal
The trust paid $379.1 million to acquire five communities totaling 1,685 units in Northern Virginia, as part of a larger portfolio acquisition that will be funded through the sale of office and retail assets.
San Diego Multifamily Report – Spring 2019
As a less costly alternative on the California coastline, the metro continues to draw in new residents with its growing biotechnology, defense, and professional and business services sectors.
Multifamily Tech Hits Fever Pitch
Executives around the country weigh in on the industry’s major challenges in a revealing survey by consulting firm D2 Demand Solutions.
Ohio Multifamily Asset Lands $33M Refi
The 15-year Freddie Mac loan for the 269-unit Water Street Residential property in Dayton was placed with Hunt Real Estate Capital.