Regions
Woodmont Breaks Ground on Luxury NJ Community
Woodmont Bay Club Bayonne will comprise 220 units spanning four acres. Construction is slated for completion in the spring of 2019.
JV Acquires 280-Unit Chicago Property
CIM Group and Golub & Co. snagged Chestnut Place, a 30-story building with ground-floor retail in the Gold Coast neighborhood.
Cleveland-Area Community Lands $25M Fannie Mae Loan
Located in Willowick, Ohio, Shoregate Towers features 404 units. Dougherty’s Minneapolis office arranged the 15-year loan with a 30-year amortization schedule.
LichtensteinRE Closes $11M All Cash Sale
The off-market sale of the renovated multifamily property in the Bronx’s Tremont neighborhood offers an excellent investment opportunity as rents increase.
Brooklyn Development Lands $15M
The bridge loan will finance a three-building development of residential units over street-level retail in an accessible part of the city’s Bedford-Stuyvesant neighborhood.
ARA Newmark Brokers Sale of $131M MD Asset
The Avanti is a 930-unit community in District Heights, Md. Constructed in 1965, the property underwent renovations between 2012 and 2016.
PGIM Finances 267-Unit CO Community
Vistas at Jackson Creek is located between Denver and Colorado Springs. According to Yardi Matrix, the community was 98.9 percent occupied as of October.
10 Largest Multifamily Properties in LA
The metro still enjoys a thriving economy and a fast-growing employment sector. However, facing affordability issues, the city continues to price residents out of the market.
CO Mixed-Use Lands $66M
Natixis provided a $50 million construction loan and arranged a $16.2 million preferred equity position for Westminster Town Square, a 255-unit, Class A multifamily project in Westminster, Colo.
923-Unit Community to Be Developed in LA
Newman Garrison + Partners along with Lincoln Property Co. have developed plans to construct Elysian Park Lofts, a TOD development in Los Angeles.