News
Frankforter Group Pays $40M for Metro Atlanta Portfolio
The two fully affordable communities, built in the 1970s and totaling 623 units, are close to Hartsfield-Jackson Atlanta International Airport via Interstate 285.
Q&A: Why Israeli Bond Buyers Love Multifamily
U.S. apartment building owners who meet certain criteria may want to consider issuing debt on the slowly recovering Tel Aviv Stock Exchange.
NYC Community Lands $42M Fannie Mae Loan
KeyBank’s Community Development Lending and Investment team has closed a second round of financing for the renovation of Twin Parks West, a 311-unit, 10-story affordable apartment property in the Bronx.
MAXX Properties Expands Holdings in Las Vegas Area
Villas at Green Valley, a 609-unit community in Henderson, Nev., is the company’s fifth property in the Las Vegas market and its largest multifamily acquisition to date in terms of size and invested capital.
Indianapolis Multifamily Report – Spring 2019
Apartment demand remained relatively healthy in the metro, with year-over-year rent growth at 3.2 percent as of March—on par with the U.S. average.
FirstService Tapped to Manage Luxury Atlanta Community
The property management firm is adding the luxury Park Regency Condominium in the city’s Buckhead neighborhood to its portfolio. The 25-story asset sits across from Phipps Plaza.
Greystone Arranges $72M in Financing for Skilled Nursing Portfolio
The 874-bed portfolio is spread across North Carolina and Kentucky. Managing Director Fred Levine originated the financing in the deal.
In the Limelight: Student Housing Investments
The Annex Group’s CEO Kyle Bach and COO Tom Tomaszewski share their views on the trends impacting student housing. Bach discusses the challenges developers face in this expanding market.
Berkadia Brokers Sale of 261 Units in the Midwest
The company’s Chicago investment sales team facilitated two deals involving the 128-unit Franklin Park Apartments in Milwaukee and Highland Pointe, a 133-unit multifamily property in Indianapolis.
Affordable KTGY-Designed Property Opens in the Bay Area
Pauline Weaver Senior Apartments includes 90 units. Eden Housing is the developer of the age-restricted community in the Warm Springs area of Fremont, Calif.