News

Affordable Senior Community Opens in Richmond, IL

The 25-unit community offers one- and two-bedroom apartments for $866 and $1,039, respectively, and is Energy Star Certified.

Slideshow

7 Worldwide Buildings Getting New Life as Student Housing

More architects and developers are turning to adaptive reuse as a solution to some of the problems facing the built environment.

Student Housing

Rainbow Tapped for Phoenix Affordable Community

The company will offer the residents of La Palmilla Apartments free on-site programs once the current owner, Reliant Group Management, completes renovations in mid-2018.

Affordable

Regions

Change City

PPD Holdings Eyes $111M to Build, Refi

The company received $47 million to refinance a pair of Greater Atlanta communities and awaits final approval of $64 million in construction financing for 464 units in Florida.
Atlanta 18 August 2017 13:21
RADCO Expands GA Footprint With 38th Acquisition

The Atlanta-based developer acquired Ashford 6860, a 260-unit property in Norcross. The $22 million deal marks the company’s eighth purchase in the Gwinnett County submarket.
Atlanta 18 August 2017 11:26
Michigan Ave. Tower Scores $150M Refi

MILA, an upscale 402-unit property in Chicago’s East Loop, was developed by a joint venture led by John Buck Co. Proceeds will refinance the construction loan.
Chicago 18 August 2017 10:36
CBRE Closes Inland Empire Sale

Evart Street Apartments in Montclair, Calif., changed hands for $8.9 million, one of the highest per-square-foot prices for a multifamily property in the area, according to the brokers.
Inland Empire 18 August 2017 08:49
Lena New Boston Breaks Ground on 41 Mixed-Income Units

The $200 million redevelopment of the former Boston State Hospital site entered a new phase, which will include 22 affordable units. The project is part of Olmsted Green, a 42-acre development in the heart of the city.
Boston 17 August 2017 21:17
Phillips Realty Secures $31M Financing for PA Project

The company worked on behalf of Woodfield Investments, the developer of the 320-unit Woodfield at Valley Forge in suburban Philadelphia. The asset will be part of of the Village at Valley Forge, a 122-acre mixed-use lifestyle property.
Philadelphia 17 August 2017 20:53
Walker & Dunlop Arranges $86M for Portfolio Upgrade

The financing will support the renovation of 1,208 units in Florida and Texas, as well as enable the borrowers to recapitalize the assets and handle deferred maintenance.
South 17 August 2017 18:58