Regions
IPA Closes $127M Sale of Portland’s Yard Tower
The LEED Silver-certified development was completed in August 2016 and sold with 50 percent of the apartments leased.
New Queens Community Kicks Off Leasing
Ridge Realty Management, the developer, tapped the brokerage firm Modern Spaces as the agent for the seven-story building.
$55M Earmarked for Puget Sound Affordable Housing
KeyBank provided financing to construct a 256-unit property including 4 percent LIHTC in Everett, Wash.
JV Acquires Seattle Community for $141M
Including this new acquisition, Kennedy Wilson now has ownership interests in 10,430 units across 41 communities in Washington state.
Berkshire Sells 1,088 Units in MD
The transaction marks GoldOller’s first foray into the D.C.–Baltimore area.
PCCP Provides $66M Loan for Manhattan Project
Theater House, a 105-unit Class A glass tower offers nearly 7,500 square feet of commercial space.
New Affordable Senior Housing Comes to the Bronx
The building was designed to meet LEED Silver certification standards and all apartments are occupied.
On the Market: 5 Interesting Listings for the Week of 1/30
Recent listings include a vintage asset in a North Carolina vacation town and a mixed-use community in San Francisco located across the street from City College.
DC-Area Community Changes Hands in $55M Deal
The property last traded for $6.6 million, nearly two decades ago.
Market Talk with Jeanette Rice of CBRE
At the 2017 NMHC Annual Meeting, MHN sat down with Rice, Americas Head of Multifamily Research for CBRE, to discuss opportunities for growth.