News

Trion Properties Pays $18M for Sacramento Community

Walker and Dunlop acted as equity partner, while Capital One originated a Freddie Mac acquisition loan of $14.2 million.

Washington, DC-Area Community Changes Hands for $84M

The 388-unit Fairmont Garden Apartments in Annandale, Va., will undergo a capital improvement plan.

Security Properties, Rockwood Acquire 938-Unit Portfolio

The partnership purchased three assets in Oregon and Colorado.

Cymbal Development Scores $60M Loan for Florida Project

Aztec Group arranged the construction financing for Oasis Pointe, a waterfront community in Dania Beach, Fla.

Podcast: Doug Bibby Reflects on 2020

The longtime NMHC leader discusses postponing his exit from the group, rent collections and growing renter debt, and why he’s optimistic about the industry’s future.

Sparrow Breaks Ground on First Senior Community in Oklahoma

The 168-unit community will be home to residents 55 and over, with a planned completion in the spring of 2022.

Fort Family Investments Lands $271M Refi for Jacksonville Portfolio

NorthMarq arranged the non-recourse Freddie Mac loans for five properties totaling 1,604 units.

Dominium Gets Suburban Atlanta Affordable Housing Refi

Colliers International provided nearly $13 million in financing for the 220-unit multifamily property in Covington.

Beachwold Residential Lands Refi for Florida Community

The 304-unit property is located a short distance from the waterfront in Panama City Beach, Fla.

Dru Armstrong

With Challenges Still Ahead, Companies Must Adapt and Pivot

For those who stay nimble, unforeseen circumstances create opportunities, writes Dru Armstrong of Grace Hill.