News

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 Matrix report Photo by f11photo iStockphoto.com

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.

Chicago Condo Development Breaks Ground

Named from the French word for Bishop, Eveq was designed by Sullivan Goulette & Wilson Architects and will feature 32 residences in the West Loop.

Last Beam Placed on NJ Mixed-Income Project

The state’s housing and mortgage finance agency assisted with the development that will provide 45 market-rate apartments and another 55 affordable units in the township of West Orange.

Major Miami Mixed-Use Project Breaks Ground

Coral Rock Development Group and Arena Capital Holdings are building the residential and retail property in Hialeah, which will feature 260 rental apartment units along with a Wawa convenience store.

In Case You Missed It: MHN’s Top 5 Posts in April

Miss any of our articles? Catch up with five of our most popular posts for the month.