News
$15M New Multifamily Community 100 Percent Leased
Housing Trust Group announced the opening of Village Place Apartments, a $15 million, 112-unit mid-rise apartment development that is already 100 percent leased.
Acquiring and Rebranding a 350-Unit Community
A joint venture of Carroll Organization, a privately held multifamily investor; a W.P. Carey’s non-traded REIT; and Silverpeak Real Estate Partners has acquired Pinnacle Ridge, a 350-unit apartment property in Durham, N.C.
Pillar Announces Top Hires to its Originations Department
Pillar, a Guggenheim Partner affiliate and provider of financing solutions for affordable multifamily properties, has added four new executive hires to the team.
Today’s Deals: NorthMarq Capital Secures $52M in Financing for 20 Years
A finance company secures $52 million for a multifamily property, and other deals of the day.
New York and Brooklyn Multifamily Prices are Rising. Here’s Why.
Halstead Property Development Marketing has released the industry’s first-ever comprehensive report analyzing new development sales market data and sees continued robust pricing in the new development market for both Manhattan and Brooklyn in 2015.
An Inside Look at a Historic Redevelopment
The renovation of the historic Wiley Building.
TODAY’S DEALS: Martin Fein Interests Completes Two Colorado Sales
ARA brokers two sales in Lone Tree, Colo.; Griffis Residential completes a $48.8 million sale in Colorado Springs, Colo.; and Oak Grove Capital arranges $27 million in financing involving only 45 days of processing for a value-add property.
AMCAL Multi-Housing Hires Chief Estimator
Allan Backhaus Jr. has joined AMCAL Multi-Housing in the new position of chief estimator.
How to Create a Safer Multifamily Community
Rainbow Housing Assistance Corp. Executive Director Flynann Janisse spoke with Multi-Housing News about how service-enriched housing programs create a safer and more secure community.
Shall We Dance?: The Dermot Company’s 66 Rockwell Partners with Acclaimed Dance Group
A selection of regularly-scheduled on-site dance and fitness classes will be offered to residents of 66 Rockwell, a ground-up rental development in the BAM Cultural District of downtown Brooklyn.