News
Tishman Speyer to Develop 480-Unit Brooklyn Tower
The luxury community 11 Hoyt, the company’s first ground-up New York City condo project, will feature 190 floorplans and on-site parking.
TX Portfolio Sells for $317M
Institutional Property Advisors has facilitated the sale of 12 multifamily properties across the state totaling 3,699 units.
Top 10 Apartment Owners in Richmond
After lagging the nation for most of 2017, rent growth in the city started rebounding last December. Upscale demand is driven by large commitments made by tech companies in the area, bringing in new multifamily construction.
Berkeley Point Provides $19M for FL Property
Bridgewater Place Apartments in Oakland Park includes 312 units, a fitness center, a swimming pool and energy-efficient appliances.
Hopkins Holding Acquires GA Student Housing
Capital One provided a $19.3 million Fannie Mae loan for the firm’s purchase of The Blake, a 270-bed community in Savannah.
Boston Financial Closes $145M LIHTC Fund
The financing covers properties in 11 states, and includes 2,800 units of affordable housing for 11 multifamily and six senior communities.
Paramount Assets Reaches Halfway Point on NJ Luxury Mixed-Use
William Flats is an adaptive reuse of the former United Women’s Garment Workers’ Union headquarters in Newark and is scheduled for completion by October 2018.
Zocalo’s CO Project Nears Completion
Vita features 159 units for residents 55 and older and 11,000 square feet of retail space. The community, designed by KTGY, is in Littleton.
On the Market: 5 Interesting Listings for the Week of 4/2
This week’s listings include a historic luxury community in Iowa and a property near Lake Michigan’s southernmost point.
Gelt Buys 491-Unit Seattle Portfolio
The seller, FPA Multifamily, recently renovated interior and exterior amenities, including the clubhouse, the fitness center and the parking lot of both properties.