News

Joint Venture to Construct Affordable Housing in Florida

LandSouth Construction and developer Ability Housing Project of Northeast Florida Inc. have teamed up to begin construction of Village on Wiley, a $4 million affordable housing project located on Jacksonville’s Westside.

Student Housing with a Retro Feel

The Bainbridge Cos. has unveiled plans for a 524-bed student housing development adjacent to the University of Illinois.

Brad Takala Joins JLL Capital Markets

JLL’s Capital Markets announced Brad Takala as executive vice president. Takala will focus on multifamily investment sales in Dallas.

Standing Out by Blending In

The Opus Group along with AIG Global Real Estate have broken ground on a multi-use development in St. Louis’s historic Central West End.

Why is Affordable Housing Disappearing in NYC?

Affordable housing is vanishing in New York City neighborhoods that present residents with the highest-quality schools, lower crime rates and greater job access.

Economy Watch: Why Smart Money’s on Multifamily

For-rent multifamily is long past being the darling property type of the year for any particular year since the recession hit.

Apartment Market Looks Forward to Continued Strength in ’15

The U.S. apartment market still has the wind at its back, according to the just-released 2015 National Apartment Research Report by investment specialist Marcus & Millichap, with apartments exceeding expectations in 2014.

Walker & Dunlop Announces Loan Originator Headcount Reaches 100

Walker & Dunlop Inc. recently announced that it now has 103 loan originators on its nationwide platform.

TODAY’S DEALS: HFF Secures $46.73M 30-Year, Fixed-Rate Permanent Loan from M&T Bank

HFF announces it has secured $46.73 million in financing for the recently completed The Trails at Timberline; and BMC Capital provides a $4.8 million loan for a Houston property.

Jeffrey M. Young Joins Perkins Eastman Pittsburgh Office

Perkins Eastman has announced the addition of Jeffrey M. Young AIA who has joined the firm as an associate principal.