Market Rate
Lendlease Recapitalizes 2 Projects for $200M
The loans are for The Cooper in Chicago and Clippership Wharf in Boston, held through its U.S. investment vehicle with Aware Super.
PRC Group Lands $87M Loan for New Jersey Workforce Housing Portfolio
Walker & Dunlop has arranged the Fannie Mae financing, which will go towards the renovation of three properties.
Lynd Tapped to Manage Nearly 1,200 Units
The company is looking to bring occupancy rates up at three Houston properties and a Jacksonville, Fla., asset.
Multifamily Roundtable: Fewer Deals But Little Distress
Six months into the global pandemic, MHN convened multifamily executives to discuss how the property type is holding up under various pressures.
RXR Realty Tops Out Brooklyn Apartment Tower
The 34-story property will offer a mix of market-rate and workforce units on Long Island University’s Fort Greene campus.
Top Texas Metros for Multifamily Development in 2020
By August, developers had delivered 26,300 units in Austin, Dallas and Houston combined, placing the three areas among those with the highest multifamily completions in the country.
Partnership Scores $63M Refi for Tampa Community
The property is within the Channel District neighborhood, a former industrial area that is currently undergoing several renovations.
Chandler Residential Makes Virginia Purchase
The 156-unit property in Newport News last traded in 2017 for more than $19 million.
Allied Orion Begins Construction of Austin Development
Humphreys & Partners Architects designed The Southbrook, located in the suburb of Leander, Texas.
Covenant Capital Lands $45M Refi for Tampa-Area Community
JLL Capital Markets arranged the Freddie Mac loan for the 464-unit property in Lakeland, Fla.