News

Brooklyn Luxury Community Lands $75M Refi

Cushman & Wakefield arranged the loan for The Lane at Boerum Place, a 108-unit residential tower built in 2017 by Quinlan Development Group and Lonicera Partners.

Cushman & Wakefield Arranges $24M Sale of AL Community

The firm represented the seller, Spanish Fort Realty LLC, in its disposition of the 216-unit Spanish Fort Town Center in Mobile.

Top 10 Multifamily Transactions in San Diego

Despite an overall decline in transaction volume across the market, Yardi Matrix data shows several deals upwards of $100 million closed in the past 12 months.

MRC Provides $138M Loan for Manhattan Condo Project

Happy Living Development received financing to build a 155-unit condo project with retail space in West Harlem. Foundation work has already wrapped up.

Nashville Metro report Photo by Jonathan Ross iStockphoto.com

Nashville Multifamily Report – Winter 2019

Boosted by its creative class, Nashville has emerged over the past decade as among the most desirable places to do business in the U.S. The trend is fueling multifamily rental demand, and developers are bringing new product on line at a record pace.

Nonprofit Breaks Ground on Affordable LA Project

Clifford Beers Housing’s Vistas del Puerto Apartments in Long Beach encompasses 47 apartments for formerly homeless individuals and families as well as residents with chronic health conditions.

HUD Charges Facebook With Housing Discrimination

The government agency says that the social media behemoth violated the Fair Housing Act by discriminating against users through its advertising platform.

Baldwin & Sons Debuts San Diego-Area Community

Alay at Otay Ranch Town Center is situated roughly 20 miles from the city’s downtown, providing proximity to major employers and various entertainment attractions.

New Condo Project Breaks Ground in South Austin

The upcoming development aims to accommodate the “missing middle” segment in Austin, with the price of the units ranging between $200,000 and $400,000.

Dougherty Mortgage Finances $36M AZ Acquisition

HSL Properties sold the asset seven years after purchasing the luxury community from Arbor Realty Trust for approximately $23 million.