News

Luxury Multifamily Project Wraps Up Near Milwaukee

McShane Construction Co. built The West Living, a 177-unit upscale community in West Allis, Wis.

Austin Multifamily Report – Summer 2020

While fundamentals took a hit this year, the metro’s diversified economy is helping the sector set a course for a relatively steady recovery.

29th Street Capital Picks Up Atlanta-Area Community

Built in 1974, the 300-unit property last changed hands in 2014 for $24 million.

NIC’s 2020 Fall Conference Highlights

The event’s three days covered a broad range of topics, from the pandemic’s impact on design to the forgotten middle market.

Kushner Acquires Richmond-Area Portfolio in $113M Deal

The three-asset portfolio last changed ownership in 2016 for $68.5 million.

Electra Capital Provides $92M Loan for Florida Luxury Community

The financing will enable Elevate Partners to lease up its newly built multifamily tower in Fort Lauderdale.

Coral Rock Scores $54M Loan for Miami-Area Project

The construction financing will help bring 260 residential units to Pura Vida Hialeah, a nine-acre mixed-use development.

Hines Launches Multifamily Management Firm

Willowick Residential will oversee the developer’s growing portfolio of apartment projects, starting with nine communities in Texas and Chicago.

BLDG Management Lands $289M Loan for Manhattan Tower

The owner secured the loan for its 429-unit, partially affordable apartment community in Midtown.

HPI Residential Opens New Austin Community

In 2018, the company received a $25.1 million development loan from Texas Capital Bank for the project.