Regions
Suburban KC Community Changes Hands
Block Real Estate Services and Thackeray Partners took out a $40 million Fannie Mae loan to finance the acquisition of the 408-unit Barrington Park Townhomes in Lenexa, Kan.
JPMorgan Chase’s Head of CRE: Prepare for a Correction
Al Brooks discusses the impact of competition and technology on multifamily financing and the types of developments that are attracting the most attention from lenders.
Bridge Housing, John Stewart Co. Break Ground on San Francisco Affordable Housing
Through a public-private partnership, the companies began construction on two projects for low-income residents, which will be located on the sites of former parking lots.
JV Breaks Ground on Colorado Affordable Project
Alpenglow Village in Steamboat Springs will offer 72 units for individuals with incomes from 30 to 120 percent of the area median income.
CRA, Roxborough Group Sell Las Vegas Portfolio for $138M
The three apartment communities have a total of 1,194 units and were owned by the joint venture for almost three years.
Phoenix Community Changes Hands for $57M
InterCapital Partners picked up the 561-unit multifamily property from value-add specialist 3rd Ave Investments, which bought the asset back in 2016.
Brooklyn Multifamily Report – Summer 2019
The borough’s apartment supply and demand remained in relative balance amid New York City’s new rent regulations.
Bay Area Properties Sell for $25M
Marcus & Millichap’s Levin Johnston brokered the sale of Village Drive and Carlmont Park Apartments, two communities encompassing a total of 52 units in Belmont, Calif.
Metro LA Community Changes Ownership in $21M Deal
MWest Holdings financed the acquisition of Harbor Terrace with a $15.8 million loan held by Prime Finance Partners. The new owner will renovate and rebrand the asset.
Top 5 Multifamily Transactions in Nashville
Several major deals have closed so far this year, with the bulk of sales including older assets in one quadrant of the metro.