News
Housing Demand Rebounds in June Amid Cloudy Outlook
Freddie Mac forecasts that home sales will decline to 4.8 million in 2020 before rising to 5.6 million in the following year.
Woodmont Properties Begins Construction in New Jersey
The developer is planning a 443-unit luxury community near Princeton University.
GMH Capital Partners Breaks Ground on Philadelphia Property
The community located in the suburb of Malvern, Pa., is scheduled to open in the summer of 2021.
LMC Opens 300-Unit Arizona Community
The developer has restarted leasing and move-ins at a new property in Scottsdale after the process was delayed by the COVID-19 pandemic.
Berkadia Closes $18M Loan for North Carolina Buy
Senior Managing Director Mitch Sinberg and Managing Director Brad Williamson secured the fixed-rate, Fannie Mae loan.
Banyan Residential Acquires Stadium-Adjacent Houston Community
Lofts at the Ballpark is within walking distance from two professional sports venues. The deal represents the firm’s first acquisition in the market.
Evergreen Lands $16M Refi for Chicago-Area Community
The 134-unit property in Joliet, Ill., caters to seniors aged 62 and over and disabled individuals.
Berkadia Closes $45M San Diego Portfolio Deal
Ed Rosen, John Chu and Tyler Sinks assisted architect Jonathan Segal in the disposition of two properties that he designed and developed.
Rent Payments Reach 89 Percent
The latest numbers from NMHC offer a glimpse into the performance of 11.5 million multifamily units across the country.
Suburban Jacksonville Community Gets $15M Refi
Walker & Dunlop provided the new mortgage for the 423-unit property, retiring two CMBS loans of more than $21 million.