Regions
ABI Multifamily Facilitates $22M Sale in AZ
An out-of-state investor purchased the 180-unit Cabana at the Pointe from Deco Communities. The buyer took out an $18.4 million loan to finance the acquisition.
Peak Campus to Manage 430-Bed Chicago Student Housing
The Buckingham serves students at the University of Illinois – Chicago and is also within a mile of 20 other schools.
Boston Boutique Multifamily Community Changes Ownership
Corcoran Management Co. acquired the 31-unit luxury property for $25 million. HFF represented the seller, The Cincotta Cos., and procured the buyer.
POAH’s Aaron Gornstein on Affordable Housing
The president & CEO of the national nonprofit sheds light on affordable housing finance, policy and his organization’s own plans for the years ahead.
Walker & Dunlop Adds Orange County VP
Christine Pratt has more than 15 years of experience in affordable housing financing, having previously served as a member of Freddie Mac’s small balance loan team.
Vacant NY Building to Become Affordable Housing Property
The nine-apartment project is part of PUSH Buffalo’s revitalization plan to spur development across a 30-block area on the city’s West Side.
Milwaukee Value-Add Community Changes Hands
Weidner Apartment Homes acquired the 90-unit Class B residential property. Berkadia arranged the transaction on behalf of the seller.
Chicago Multifamily Investment in Focus
Pioneer Acquisitions’ James Peterson Jr. names the city’s most attractive submarkets and sheds light on trends for Chicago investors to watch.
Freddie Mac Names New CEO
David Brickman, the GSE’s president, will succeed retiring CEO Donald Layton on July 1 and join the board of directors. Last September, the agency announced it would conduct a search that included Brickman.
Phoenix Multifamily Report – Winter 2019
Attracted by the market’s strong fundamentals, investors closed a whopping $5.9 billion in multifamily sales in 2018, while developers also marked a high point with the delivery of 8,162 units.