News
Historic Nashville Neighborhood Provides Artist Destination
A new artists’ spot has emerged in the form of Broadstone Germantown, an apartment community aimed at providing a work space for music lovers.
Cushman & Wakefield Arranges $31M Sale in Tennessee
PointOne Holdings will rebrand the 260-unit Class A community as Hunters Point.
$1B Megacomplex to House Park Hyatt’s First L.A. Location
The five-star luxury hotel will be located at Oceanwide Plaza, a towering mixed-use development set to transform downtown Los Angeles.
Wendover Delivers Tallahassee Affordable Senior Housing
Kenwood Place will offer economic relief to income-restricted seniors in one of the country’s most popular retirement destinations.
Wood Partners Unloads Class A Dallas Community
HFF facilitated the sale and secured acquisition financing for Alta Farmers Market, a newly built, 313-unit community.
AMLI Management Appoints New President & CEO
Maria Banks replaces Steve Hallsey, who served in the roles for 13 years.
Concrete Foundation Poured for Paramount Miami Worldcenter
The 60-story skyscraper will be the most amenity-laden condominium tower in the United States, with one of the largest private urban amenity decks in the world.
RED Closes Refi Loans for Midwestern Affordable Community
The mortgage banking arm of Red Capital Group coordinated a MAP and Lean closing for the refinance and renovation of Portage Trail Village, a property in Cuyahoga Falls, Ohio.
Market Pulse for November 2016
Market Pulse section compiled by Suzann Silverman. To comment, email ssilverman@cpexecutive.com. Multifamily Starts: Housing starts of buildings with five or more units fell by 6.9 percent over the month of August 2016 to a seasonally adjusted annual rate of 403,000. Despite the monthly decrease, the number of starts of buildings with five or more units eclipsed 400,000 for the third consecutive month. Year-to-date, the average number of starts per month of buildings with five or more units is 382,000. Over the same period in 2015, encompassing the months of January through August, starts of buildings with five or more units…
Student Housing in Metro Orlando Lands $15M Financing
HFF has arranged a 20-year, fixed rate loan for Riverwind at Alafaya Trail Apartments, a 110-unit student housing community in Oviedo, Fla.