Market Rate
Gelt Pays $156M for Southern California Community
Walker & Dunlop provided a $91.3 million acquisition loan.
Hines Launches Single-Family Dallas Development
The master-planned community will feature more than 1,000 homes.
Carter Multifamily Lands $318M Portfolio Loan
JP Morgan Chase Bank provided the CMBS financing.
BFC Partners Starts $189M Phase of Coney Island Project
The property will designate 57 units for formerly homeless residents.
Indianapolis Community Lands $43M Refi
Lument provided the loan for the garden-style community.
Blackstone’s $3.7B REIT Buy Boosts Multifamily Drive
Deals announced in the past month alone will add 23,000-plus units to the firm’s holdings.
Multifamily Market Polarized by Renter Incomes
During a Harvard Joint Center for Housing Studies webinar, experts discussed policies that would help expand supply.
Asset Living Buys Echelon Property Group
The acquisition expands Asset Living’s property management portfolio by more than 13,000 units.
Fairmont Management Sells Orange County Asset for $37M
The company invested $2.3 million in upgrades prior to the sale.
FCP Sells Virginia Community for $106M
More than $1.2 million in upgrades had been made in recent years.