Regions
Is Conversion the Solution to California’s Housing Crisis?
Two bills signed into law this week are designed to address the state’s desperate need for more housing.
1950s DC Community Reborn as Affordable Housing
The units will be renovated and will now qualify for rent vouchers and tenant services.
Tazewell Sells Virginia Apartment Building for $15M
The community is located in the center of downtown Roanoke.
Jonathan Rose Acquires 2 Senior Communities in Greater Detroit
The affordable assets changed hands for a combined $16.2 million.
Thompson Thrift Sells Missouri Community
Platte County records show that Northmarq arranged a $38.9 million Fannie Mae loan on behalf of the buyer.
Security Properties JV Acquires $24M San Jose Asset
Berkadia brokered the transaction, arranging the financing through Fannie Mae.
Gelt Expands Los Angeles Footprint With $76M Buy
The new owner will implement a three-year, $5 million capital improvement plan at the property.
CenterBridge, Merit Hill Capital Land $170M for Storage Portfolio
Bank of America provided the loan for 33 properties.
Top 5 NYC Multifamily Building Sales—August 2022
PropertyShark compiled the city’s biggest transactions of the month.