News
Social Impact Investors Target Naturally Occurring Affordable Housing
Through “quick strike” funds, impact-minded sponsors are competing with value-add investors that purchase older properties with the goal of raising rents.
LifeStar Living to Bring Condo-Style Senior Housing to Florida
The developer has closed on the location of the upcoming 80-unit community in St. Petersburg.
Dominium Expands Arizona Footprint
The 308-unit development in Phoenix is slated for a 2022 completion.
Cleveland Multifamily Report – Spring 2021
Despite economic setbacks, the metro’s rental segment continued to record steady gains.
Mill Creek Tops Off Dallas Community
The firm will open the 217-unit property to its first move-ins next spring.
Quinlan Kicks Off 17-Story Mixed-Income Brooklyn Project
CIT Group provided a $35.7 million construction loan, with Hines contributing mezzanine financing.
Out-of-State Investor Pays $55M for Luxury Los Angeles Asset
Converted from a condominium community mid-pandemic, the property traded for roughly $900,000 per unit.
Capstone Brokers Sale of Indiana MHC
This is the first time the 660-site community changed ownership since its completion in 1965.
New Scottsdale Self Storage Asset Lands $22M Refi
The Phoenix-area property, which came online last fall, is in its lease-up phase.
Stonemark Tapped to Manage Georgia Community
The company plans to make upgrades to the 224 units and add to its existing amenity package.