News
Waypoint Residential Acquires 512-Unit FL Portfolio
The two communities, Riverside Apartments in metro Tampa and Harbor Cove Apartments in Gainesville, are both located within close proximity to major universities.
Affordable DC Asset Receives $39M in Financing
The NHP Foundation secured the loans, which will preserve Takoma Place, a 104-unit property in suburban Maryland.
MassHousing Provides $24M Loan for Boston-Area Asset
The agency closed on the tax-exempt financing for a recently built 108-unit mixed-income community in Chelmsford. The transaction involved the use of recycled private activity volume cap.
MN Apartments Change Hands in $95M Deal
MLG Capital and SAS sold a 698-unit community in suburban Minneapolis, three years after acquiring the property for $41 million.
JV Acquires Dallas Communities
HFF arranged the joint venture equity deal between Archway Equities LLC and Atlantic Creek Real Estate Partners LLC for the purchase of the properties totaling 712 units.
JV Breaks Ground on NY Student Housing Community
Upon completion in May 2020, the 64,000-square-foot property will offer 80 units serving students attending Columbia University. The development is located adjacent to the university.
Signet Real Estate Sells NC Student Housing Community
FourPoint Student Housing Investments represented the seller in its disposition of Deacon Place, an 82-unit property in Winston-Salem, serving Wake Forest University students.
Cutting Costs, Overcoming Construction Challenges in NYC
Broadway Construction Group’s Joseph Aiello shares his insights on the role value engineering plays in the development challenges.
Affordable TN Properties Receive $59M in Loans
The Millenia Cos. landed construction-to-permanent financing” for the rehabilitation of two Memphis properties adding up to 400 units.
Economic Growth Sustains Demand in Raleigh
With 7,400 multifamily units underway, the metro’s 2018 deliveries are likely to exceed last year’s and generate moderate rent growth, as well.