News
Weingarten Acquires Land for $160M DC-Area Development
The Gateway Alexandria will include 352 rental units, 110,000 square feet of retail, 87,000 square feet of office space and an 820-spot parking facility.
Walker & Dunlops Reaches $60B Portfolio Milestone, Riding Crest of Rising Loan Originations
The company has grown its portfolio from $50 billion to $60 billion in less than 11 months.
PNC Bank Closes $100M Affordable Housing Fund
The new fund will be used to preserve affordable “at risk” rental properties for families and seniors nationwide.
Insula Cos. Hits $100M in Apartment Acquisitions for 2016
The firm has provided investors with a portfolio of more than 5,000 units and $450 million in assets in Florida multi-housing communities.
TruAmerica-Ares JV Snags $236M Portfolio
Totaling 1,402 units, the six Greater Baltimore properties are located near major military, government and corporate employers.
School of Visual Arts Gets New Residence Hall
Developed by Magnum Real Estate Group, the Manhattan building features brand-new, state-of-the-art student housing, retail and office facilities, plus an array of amenities.
The Beach Co. Breaks Ground on SC Community
Sola Station will complete the final phase of the CanalSide neighborhood in Columbia.
Dougherty Mortgage Leads Sale of San Antonio Community
The firm closed a $9.3 million Fannie Mae acquisition loan for the 17-building asset located in the East Side submarket.
Economy Watch: Consumers Feeling a Little Better in Early November
Consumers are feeling a little better about the U.S. economy, or at least they were before the election.
Yardi Matrix: Atlanta’s Rapid Growth
Atlanta is in the midst of a substantial growth period. Its diversified economy, highly skilled workforce and relatively affordable housing have boosted the metro’s multifamily market.