News

Apartment Execs Flag Weakening Market

Industry leaders reported declining conditions overall compared to last quarter but more favorable pricing for debt financing, according to the latest NMHC survey.

JBG SMITH Lands $385M Financing for Multifamily Portfolio

The Freddie Mac loans are for three apartment communities in the National Landing and Ballpark submarkets of Washington, D.C.

Toll Brothers, JD Capital Form JV for DFW Apartments

The partners secured a $46 million construction loan from Santander Bank for development of the luxury community.

CAMBA to Develop Brooklyn Affordable Community

Clarkson Estates is part of the larger $1.4 billion Vital Brooklyn initiative launched in 2017.

Tampa Bay Community Sells for $56M

CBRE provided a $38.8 million Freddie Mac loan for the purchase of the 416-unit community in Clearwater.

PAC Lands $41M Tampa Refi

The Freddie Mac loan retires a $30.3 million mortgage taken on the 296-unit property in 2013.

Los Angeles Opportunity Zone Project Breaks Ground

Mountain Pacific Opportunity Partners plans to deliver the multifamily and retail development in summer 2022.

Partially Affordable Community Opens in Metro Washington, DC

RST Development broke ground on the 70-unit project in the fall of 2018, having multiple financing sources.

Walker & Dunlop, GeoPhy Name Apprise COO

Nicole Urquhart-Bradley brings more than 30 years of commercial appraisal experience to her new role.

Haley Real Estate Group Purchases 260-Unit Texas Community

Berkadia represented the seller and secured an acquisition loan through Fannie Mae.