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Adaptive Reuse Supplements Affordable Development Efforts

Experts weigh in on the benefits and challenges of converting various asset types to apartments.

Las Vegas Community Commands $101M

Northmarq arranged the transaction of the 366-unit asset.

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BRP Cos. Secures $378M Construction Loan for Queens Development

Basis Investment Group has joined as a partner on the 715,000-square-foot project.

Thayer Manca Buys Albuquerque Apartments

The company plans a multimillion-dollar value-add program.

Rose Valley Capital Obtains $74M for Philadelphia Buy

Natixis provided the financing for the 276-unit property.

Breeden Co. to Develop Richmond Apartments

Completion of the project is scheduled for spring of 2024.

Morgan Properties Expands in North Carolina

A $7 million value-add strategy is planned for these newly acquired communities.

American Landmark Acquires Atlanta Community

The 198-unit property was completed in 2020.

Sentinel Pays $68M for Suburban Houston Community

The Retreat at Cinco Ranch is a 268-unit garden-style community in Katy, Texas.

The Growing Cost of Capital for Multifamily Development

Inflation, supply chain issues and Fed actions are creating financing challenges, but robust demand keeps multifamily sponsors enthusiastic.