News
Bellwether Enterprise Selects New VP
Ilya Weinstein will oversee loan production for affordable housing properties throughout New York City and the northeastern U.S., bringing to this new role more than seven years of mortgage lending experience.
PGIM’s 2018 Mid-Year Multifamily Outlook
Real Estate Finance Managing Director Mike McRoberts offers a forecast for the sector in an exclusive video interview with MHN.
Atlantic | Pacific Cos. Expands GA Footprint
The Pointe at Preston Ridge in Alpharetta marks the firm’s 21st owned and managed community within the Atlanta metro, bringing its total to nearly 5,500 units.
Straight Designs to Renovate CA Community
The company is updating the Greystar-owned Avana Rancho Cucamonga by converting the sport court to an amenity deck, among other upgrades.
Trammell Crow Breaks Ground on Metro Denver Mixed-Use Project
The Boulder development will include 250 market-rate apartments, 85 affordable units and retail space. A partnership between Allison Management and Koelbel and Co. will develop and own the affordable segment.
Delancey Street Associates Opens NYC Condos
The 55-unit building called 242 Broome is within the Essex Crossing development on Manhattan’s Lower East Side and includes a formal dining area, a children’s lounge and a furnished rooftop.
SunTrust Community Capital Provides $11M for DC Senior Housing
The 80-unit Abrams Hall Senior Apartments is the residential component of The Parks at Walter Reed, a 66-acre redevelopment of the former Walter Reed Army Medical Campus.
Stone Point Capital to Acquire Sabal Capital Partners
The firm will continue to be operated by Founder & CEO Pat Jackson, as well as other senior members that will make investments within the company alongside the Trident VII funds.
JLL Hires Midwest Multifamily Services Expert
Matt McCune is an investment sales professional with more than 10 years of experience. In his new role as senior vice president, he will advise on multifamily asset sales around central Ohio.
Millbrook Realty Capital Adds New Managing Director
Uanderson Benedetti will handle the origination of short-term bridge loans on multifamily properties, mixed-use buildings, condominiums and hotels, focusing on growing the company’s lending platform.