News
PA Community Receives $9M Freddie Mac Loan
The borrower used the current loan to pay off debt service and prepayment penalty, while also recovering trapped equity, which will be reinvested into the apartment community.
Jamestown Snags The Ellington for $119M in DC
Situated in the historic U Street neighborhood, the property features 190 residential units and an additional 16,760 square feet of retail.
CBRE Secures Sale, Finances OR Student Housing
A team of Phil Oester, Joe Nydahl and Josh McDonald represented both the seller and the buyer in the sale of the 179-unit student housing community and secured a $19.1 million 10-year loan.
Keener Investments Buys Houston-Area Community
Situated within the Kingwood master-planned community, Elm Grove Apartments is two-story property comprising a total of 122,300 rentable square feet.
The DSF Group Sells Boston-Area Community for $76M
Located in the eastern part of Worcester County, Halstead Westborough provides a total of 280 units, spread across 13 residential buildings.
Developers Break Ground on Atlanta-Area Luxury Community
Located at the intersection of Newnan Crossing Boulevard East and Lower Fayetteville Road, the property will feature studio, one-, two- and three-bedroom units.
$50M Senior Housing on Tap in FL
Ryan Cos. and Grand Living are developing Grand Living at Lakewood, a 172-unit community in Sarasota that will feature a theater, spa and multiple dining venues.
EDEN, Cypress Equity to Develop Ft. Lauderdale Tower
Developed on a former parking lot, the 32-story NEXT Las Olas will comprise 374 units, as well as ground-floor retail space and an adjacent parking garage.
South FL Condo Market on the Upswing in Dania Beach
Stuart Meyers, chairman & CEO of Meyers Group, talked to Multi-Housing News about Broward County’s rising condo market and how Dania Beach is appealing to developers.
Wood Partners Begins Construction of Portland Asset
The Oregon development, which will include 138 apartments above 6,000 square feet of street retail space, is situated just outside the city’s downtown area.