News

Makepeace, Campanelli to Develop MA Asset

The joint venture is developing the Apartments at Redbrook in Plymouth, a 184-unit community that includes a swimming pool, a fitness center and sub-grade parking.

Economy Watch: Renters Willing to Pay More for Apartment Tech

More than three in four residents said they would pay more a package including the top three smart home amenities—security cameras, keyless entry and smart thermostats—according to a new study from property management software firm Entrata.

JLL Secures Financing for Texas Community

The firm has arranged the Freddie Mac loan on behalf of Frontline Holdings for Rock 35, a 144-unit community located 19 miles from Austin.

HFF Secures $86M Financing for Manhattan Luxury Community

The company arranged the loan on behalf of Joy Construction, Maddd Equities and the family of the late Lewis Katz for the refinancing of The Lewis, a 186-unit luxury building in the growing Hudson Yards neighborhood.

NXT Capital Arranges $46M for TX Apartments

The firm placed the first mortgage loan with HFF to refinance the 354-unit Pierpont, located in Spring. The community includes a club house, a billiard room and an onsite car wash.

DC-Area Portfolio Trades for $302M

FCP sold 11 communities in St. Charles, Md., to an affiliate of Strata Equity Group, after purchasing the properties in 2009 from American Community Properties Trust.

Strengthening Economy Pushes Growth in Columbus

The city’s multifamily market is finally hitting its stride as rent growth is coming into its own, while the rate of inventory expansion is poised to remain elevated.

ABI Expands Sacramento Team With New VP

With a background in both tech and finance, Tyler Justesen most recently worked as director of marketing at United Capital Investments.

Insula Cos. Offloads Tampa Community for $21M

The asset sits a mile north of the University of South Florida’s campus and consists of 168 two-bedroom townhouse units.

Silverstone Healthcare to Open Dallas Assisted Living

HarborChase of the Park Cities will feature 134 assisted living and social and educational services, medication management and housekeeping.