News
Canyon Partners Expands Opportunity Zone Portfolio
The company has joined ScanlanKemperBard Cos. and Diamond Investment Group, and invested $24.4 million into a 219-unit community in the Portland suburb of Tigard, Ore.
Firms Launch Residential Loan Investment Platform
Hunter Street Partners and Rice Park Capital Management LP will be focusing on portfolios of loans secured by single-family and small multifamily properties.
Next Wave Investors Sells Luxury Las Vegas Community
Benedict Canyon Equities acquired the 98-unit asset for $21.5 million. Walker and Dunlop provided acquisition financing.
ValStone Partners Buys Pair of Mississippi Senior Properties
The communities encompass 116 apartments and 120 licensed beds and provide assisted living and memory care units.
Bennett, EDEN Form Joint Venture for New Jersey Community
The partners will bring 104 market-rate apartments to Plainfield, N.J., a suburb of New York City.
Hines Begins Work on Master-Planned Community in Fort Worth
The firm has broken ground on the first 400 single-family homes at Wildflower Ranch, where it plans to develop a total of 3,300 residences.
Harbor Group Lands $87M Refi for Philly-Area Property
The owner secured the Freddie Mac loan for a 405-unit community in Exton, Pa.
Berkadia Brokers $35M in Loans for Atlanta Deal
Scott Wadler, Mitch Sinberg and Matt Nihan secured the Fannie Mae financing for Beacon Real Estate Group.
COVID-19 Downturn Fuels Q2 Falloff in Multifamily Demand
Net absorption plummeted to the lowest second-quarter level in 11 years, according to the latest CBRE Multifamily Figures Report.
Taurus Investment Buys Phoenix Community for $26M
The health care industry dominates the neighborhood around the 18-building community just north of downtown.