News
Awair Air Tracker Now Monitors Noise and Light
The device now gives building managers more control over the indoor environment by keeping tabs on additional factors that impact the health and wellness of residents.
Wood Partners Breaks Ground on Fort Worth Community
The multifamily developer is building the 285-unit Alta Champions Circle nearby an 18-hole championship golf course.
Trammell Crow Starts Work on Lake Oswego Project
The developer’s residential arm, together with CenterCal Properties, has broken ground on the multifamily and retail asset that will bring 206 apartments to the affluent Portland suburb.
San Diego Community Gets $145M in Financing
Sunroad Enterprises secured the loan for Centrum Apartments Phase 6, a 442-unit residential building and the final phase in the Sunroad Centrum master plan.
Affordable Community Breaks Ground in Albuquerque
Nuevo Atrisco’s multifamily component of 88 units is scheduled for completion in the first half of 2020. The development also features 30,000 square feet of commercial space and a community center.
Albuquerque Housing Project Advances with Phase 2
The Highlands is a 12-acre master-planned development featuring eight components, including two residential communities, a Marriott SpringHill Suites Hotel and more than 40,000 square feet of retail and dining.
Western Wealth Capital Acquires Phoenix Community
HFF arranged a $21 million loan on behalf of the buyer to purchase Serafina at South Mountain Apartments, a 183-unit property that was 99 percent leased at the time of sale.
Birmingham Community Changes Hands
An out-of-state investor purchased the 74-unit Class C garden-style multifamily asset—its first acquisition in the metro—for nearly $3 million.
Beachwold Secures $38M in Loans for Georgia, Orlando Deals
The multifamily investor acquired a 76-unit community in suburban Savannah and refinanced existing debt on a 400-unit property in Orlando. Both assets are located near major universities.
Fannie Mae: One-Third of Americans Can’t Find Affordable Housing Near Work
In a poll conducted by research firm Penn Schoen Berland for the government-sponsored enterprise, most Americans reported that they struggled to find affordable housing options in areas they desired.