News
Walters Group Opens New Jersey Affordable Community
The developer completed the first five buildings of the 72-unit property in Howell.
Cortland Acquires Phoenix Community for $117M
StreetLights Residential and Nexpoint Advisors sold the 253-unit asset, with CBRE representing the seller.
Bridge Investment Sells Phoenix Apartments for $118M
The new owner received a 10-year, $79.3 million Freddie Mac acquisition loan from Prudential Financial.
MAG Partners Secures $173M Construction Loan for Manhattan Property
The financing was provided by Madison Realty Capital and will fund the development of a 480-unit mixed-income project.
San Francisco Multifamily Report – Summer 2020
While the U.S. average stayed flat, rates across the Bay Area recorded significant contractions into the third quarter.
Fortis Property Group Lands $163M Brooklyn Project Loan
The developer paid more than $91 million in 2018 for the 1-acre site in DUMBO.
Rockpoint, Resicap Launch $250M SFR Venture
The firms plan to purchase and renovate between 4,500 and 5,000 single-family rental homes across the Southeast.
DM Development Completes $120M Condo Project
Union House, a $120 million community in San Francisco, is now 30 percent sold and has welcomed its first move-ins.
Pretium, Ares Management Forge $2.4B SFR Deal
The acquisition of Front Yard Residential Corp. will boost Pretium’s single-family rental portfolio to more than 55,000 homes.
NMHC/InterFace Student Housing 2020: The Long Road to Recovery
Speakers including American Campus Communities CEO Bill Bayless share a positive outlook for the sector amid the uncertainties caused by the pandemic.