News
Tampa Asset Commands $31M
Franklin Street arranged the sale of River View Apartments from River View Tampa. The community includes 296 units.
Modern Forms Introduces New Ventilation Solution
Using a DC motor powered by WAC LED and control technologies, the Modern Forms Vortex Fan exclusively runs on stealth mode.
Latch Raises $70M Series B Fund
Brookfield Ventures will be leading the fund and installing the brand’s smart access system throughout properties within its current pipeline, creating the world’s largest smart access ecosystem within a single portfolio.
Affordable Housing: A Safe Investment in Unpredictable Times
Avanath Capital Management’s John Williams and Jun Sakumoto explain why affordable housing properties should be seen as opportunities to produce consistent returns. The two executives also revealed their expectations regarding the sector going forward.
TruAmerica Multifamily Makes New Appointments
The company promoted Matthew Ferrari to head of acquisitions nationwide and hired Chris MacLeod as director of acquisitions on the West Coast, among other recent employee additions.
Walker & Dunlop Closes $26M Loan for AL Student Housing
Two21 Armstrong, a 390-bed property, is located just two blocks from Auburn University. Livingston Hessam, Jeremy Pino and Kyle Miller, along with HUD experts Keith Melton and David Strange, arranged the loan.
Hunt Real Estate Provides Financing for CO Affordable Project
The firm facilitated a $34.4 million loan for the construction of The Village of Wintergreen, a planned 156-unit property in Keystone, in the Rocky Mountain region.
Dalzell Expands in Philly With $19M Luxury Portfolio
The portfolio comprises recently completed or renovated assets, all located within minutes from Center City’s employment opportunities, shopping, dining and entertainment destinations.
Pricier Than It Used to Be in Atlanta
The metro’s average multifamily rent surpassed the $1,200 mark this year, having gained more than $200 since the summer of 2014.
Cushman & Wakefield Arranges $134M AL Sale
The portfolio includes five properties: Crossings at Pinebrook, The Pathways, Sandpiper, Windsor Place and Yester Oaks, all located in Mobile.