News
Brooklyn Asset Trades for $46M
KKR assumed a $26.2 million Freddie Mac loan as part of its acquisition of the 81-unit Clinton Hill community.
BWI Breaks Ground on Indiana Senior Community
Gardant Management Solutions will manage the 130-unit affordable community in Anderson, set to open in fall 2021.
Berkadia Closes $17M Suburban Atlanta Sale
Judy MacManus, Paul Vetter, Andrew Mays and Matthew White represented the seller in the $17.2 million deal.
MG Properties Makes $78M Luxury Purchase
The company acquired the 230-unit community in one of the Inland Empire’s largest multifamily deals of 2020.
Turning Historic Factories into Apartment Projects
Benjamin Orgel of Tennessee’s Tower Ventures shared insights on adaptive reuse during the CREate 360 virtual conference held by SIOR.
Top 5 Multifamily Projects Under Construction in Pittsburgh
Some 900 units—accounting for close to half of the development pipeline—are underway in downtown Pittsburgh, according to Yardi Matrix data.
Suburban Markets Shine Amid Pandemic
NMHC’s Quarterly Survey of Apartment Market Conditions showed a modest rebound from impacts of COVID-19, though its Index of Market Tightness displayed weakness.
Keeping Up With Growing Demand for Off-Campus Student Housing
As students opt for less restrictive housing, hotels and purpose-built properties fill the void.
Rockwood Retirement Communities Lands $81M Loan
The financing will go toward developing the second phase of a senior housing property in Spokane, Wash.
Atlantic Pacific Cos. Buys Georgia Community
The firm’s multifamily portfolio in the Atlanta area now totals over 5,000 units.