News
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.
Trez Forman Expands, Opens Atlanta Office
Russ Holland will lead the private real estate lender’s expansion in the metro, which is intended to become the company’s Southeast U.S. hub.
Salt Lake City Loft Project Breaks Ground
The 195-unit property will include an automated parking structure and will be the first project in Utah to take advantage of the federal Opportunity Zone program.
Angelo Gordon, Glencrest Team on $51M Bay Area Deal
The joint venture bought the 180-unit property in Santa Rosa, Calif., with acquisition financing secured by HFF.
ReNew Investors Lands $159M to Acquire 8 Senior Housing Communities
KeyBank Real Estate Capital’s Healthcare Lending platform provided the firm with the acquisition financing, which will be used to acquire properties in Michigan, Pennsylvania and Virginia.