News
Pittsburgh Multifamily Report – Fall 2020
Volatility has taken its toll, but the metro’s diversifying economy could help it in the longer run.
Macerich JV Lands $95M Refi for Virginia Tower
The 429-unit Tysons Vita is adjacent to the Tysons Corner Center shopping mall and office tower in Tysons, Va.
GVA Real Estate Acquires East Dallas Community
The company received a $16.7 million Freddie Mac loan for the purchase of the 272-unit property.
The Chance for Federal Rent Relief by Year’s End
Industry groups are eyeing the potential for attaching relief funding to a spending bill needed to avoid a government shutdown.
Sunroad Enterprises Buys Phoenix Property for $84M
The new owner financed the acquisition of the 346-unit property in Chandler with a $73.3 million loan from Prime Finance Partners.
Nonprofits Land $37M for Boston Affordable Project
MassHousing provided a complex financing package for the 135-unit development to take shape near Mattapan Station.
JLL Arranges Construction Loan for San Diego-Area Townhomes
Director Chris Collins arranged the financing on behalf of Responsible Residential for its property in Santee, Calif.
Richmond Multifamily Report – Fall 2020
While transaction activity nearly halted, rents continued to improve, outperforming the U.S average.
Data Reveals America’s Urban Exodus
The pandemic has spurred major movement out of densely populated coastal cities, according to a presentation at NMHC’s 2020 OPTECH Virtual Conference.
Hines JV Breaks Ground on Chicago-Area Community
The firm received construction financing from New York Life Real Estate Investors for its project in Oak Brook, Ill.