Market Rate
Manhattan Multifamily Project Secures $59M Financing
The development will add 113 units within an Opportunity Zone in one of the borough’s growing submarkets.
Greystar Acquires Majority Interest in Thackeray Partners
The acquisition will give the firm additional rental housing as well as access to investments in the growing industrial sector.
Quinlan Kicks Off 17-Story Mixed-Income Brooklyn Project
CIT Group provided a $35.7 million construction loan, with Hines contributing mezzanine financing.
Stonemark Tapped to Manage Georgia Community
The company plans to make upgrades to the 224 units and add to its existing amenity package.
Howard Hughes Corp. Secures $83M Loan for Maryland Apartments
The community in Columbia, Md., will be part of a 14 million-square-foot master-planned development called Merriweather District.
Alfandre, Gardner Batt Break Ground on Salt Lake City Mixed-Use Project
The 150-unit Slate is expected to complete construction by the end of 2022.
Optimism for Single-Family Rentals: ULI
Strategies discussed at the organization’s virtual Spring Meeting included a long-term investment approach to reduce exposure to volatility.
Clarion, Blackfin Acquire Virginia Apartments for $113M
The 444-unit community in Manassas saw recent renovations to its units and amenities.
Tricon Residential Forms $1.5B SFR Joint Venture
The new partnership plans to acquire 5,000 newly built homes in the Sun Belt region for use as single-family rentals.
Harbour Realty Sells Tampa Community for $77M
Cushman & Wakefield represented the seller, which acquired the property back in 1998.