News

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.

IPA Brokers Greater Salt Lake City Sale

Danny Shin, Brock Zylstra, Steve Gebing and Cliff David assisted the seller of the 160-unit community.

Washington DC Metro Report iStock-1270527151

Washington, DC, Multifamily Report – Summer 2020

While relatively well insulated for the current downturn, the metro’s fundamentals recorded some softening over the past two quarters.

Charles Street Investment Partners Scores $33M Construction Loan

The borrower secured the loan to build a 161-unit apartment community in Pittsburgh, Pa.

Blackstone Pays $63M for Upscale Charlotte Community

The seller and developer financed the project with a $28.7 million construction loan from First Tennessee Bank in 2017.

Doster Construction Breaks Ground on Florida Mixed-Use Project

The $60 million development will be part of a master-planned community encompassing more than 200 single-family homes and neighborhood retail.