News
MRC Provides $68M For New Jersey TOD
The funding will be utilized for a two-phase, 640-unit project adjacent to the new PATH train station in Harrison.
Slow Economy to Fuel Student Housing Demand
Berkadia Managing Director Kevin Larimer shares his insights on financing student housing assets and makes future predictions for the sector in an interview with Multi-Housing News.
Cushman & Wakefield Arranges $50M Sale in Fort Myers
The firm represented Mosaic Development in its disposition of Mosaic at the Forum, a 252-unit, newly constructed apartment community managed by Incore Residential.
HTG Opens 100-Unit South FL Affordable Community
Arbor View is a $27 million development in Margate, roughly 18 miles from Fort Lauderdale. The community is restricted to residents 55 years and over.
Strategic Property Partners Breaks Ground on Tampa Building
The firm has kicked off the construction of 815 Water Street, a 420-unit two-tower community. The construction marks the first residential building of the Water Street Tampa project.
Detroit-Area Communities Receive $47M Financing
Both Fannie Mae Green Rewards loans include a 10-year term and a low fixed rate. Greystone originated the refinancing on behalf of Singh Development Co.
Mega-Developments Abound in Philadelphia
Despite a multifamily supply surge in recent years, occupancy in stabilized properties saw only a modest decline of 30 basis points year-over-year in July.
Top 10 States by Multifamily LEED Certifications
California, Texas and Washington hold the top spots for LEED-certified multifamily properties in the U.S. over the past two years.
American Landmark Expands TX Footprint
Legends at Ridgeview Ranch totals 480 units and is located in north Plano. The new owner is planning to invest nearly $4 million in capital improvements.
VA Student Housing Portfolio Changes Hands
The 92-unit communities in the portfolio are located one mile away from Virginia Polytechnic Institute and State University. The owner plans to renovate both the interior and exterior of the properties.