News

Affordable Senior Housing Community Opens in MN

The Legends of Spring Lake Park is close to a variety of parks, shopping venues and restaurants, and includes a mix of one-, two- and three-bedroom units.

$60M Financing Secured for Orlando Apartments

HFF arranged the loan on behalf of the developer, a partnership between Sumitomo Corporation of Americas, FINFROCK and OneEleven Residential.

Equity Residential Acquires Jersey City Community

Madox is a 131-unit LEED Silver certified building located in the Paulus Hook neighborhood. J.P. Morgan Asset Management was the seller.

Closeup on the Bronx Affordable Housing Market

Developing and preserving affordable units in the dynamic borough of New York City is a genuine challenge. MBD’s Derrick Lovett and Monadnock’s Tom Ciano weigh on the borough’s affordable housing shortage and discuss the companies’ recent multifamily projects.

Apex

Ferndale Realty Group Sells Cincinnati Communities

Ardizzone Enterprises purchased Apex and Parkton in a transaction which involved two loans totaling $38.7 million. Merchants Bank of Indiana originated the financing.

Executive Q&A: Managing Lender Risk in 2019

Trez Forman Capital President & CEO Brett Forman touches on the current competitive landscape, his firm’s expansion into New York City and its mantra for success.

Multifamily Manhattan Report – Winter 2019

Despite strong demand, apartment construction across the borough has slowed, while the average rent is approaching the $4,200 mark.

NKF Brokers $123M Sale of High-End Property in Boston

Oxford Properties Group entered the Boston residential market with the acquisition of a 195-unit luxury apartment community adjacent to the Longwood Medical Area.

MI Community Receives $14M Loan

The 88-unit Gateway at Belknap Apartments in Grand Rapids, Mich. received a Fannie Mae DUS Loan funded by Arbor Realty Trust.

$80M Luxury Community for Seniors Coming to Long Island

Triangle Equities is teaming up with GTIS Partners to develop Kensington Estates, an upscale community targeting seniors aged 55 and over in Woodbury, N.Y.