Regions
Chicago High-Rise Lands $70M Financing
The Fannie Mae loan, provided by Greystone for Maryland-based Foundation Housing, will help keep the 256-unit community affordable for lower-income residents for many years to come.
Equity Residential Makes $165M Boston Sale
ING Group provided LaSalle Investment Management and Jefferson Apartment Group with more than $104 million in acquisition financing for a rental community in the city’s Fenway-Kenmore neighborhood.
Related Cos. Sells Affordable South Bronx Community
Prana Investments purchased the 252-unit River Court and Gerard Court. Hodges Ward Elliott’s Daniel Parker, Paul Gillen and Ariel Tambor acted on behalf of the seller.
Philadelphia Multifamily Report – Summer 2019
Young professionals attracted by the metro’s tech magnet continue to fuel demand for housing.
Top 5 Markets for Multifamily Occupancy Growth
The best-performing markets ranked by year-over-year occupancy increases through April 2019, based on Yardi Matrix data.
Baltimore Luxury Community Nabs Refi Loan
Hunt Real Estate Capital arranged the Fannie Mae conventional multifamily financing for a partnership of local developer Mark Sapperstein and Kinsley Equities.
Rhapsody Wins Management Contract for Quebec Tower
The Canadian firm will oversee the 198-unit Parc Central Laval, developed by Saroukian Group in the city of Laval, roughly 18 miles from Montreal.
Canada Invests $357M in Affordable Housing
The Canada Mortgage and Housing Corp. will build and fund more than 700 new rental housing units for middle-class families in Toronto.
Berkadia Arranges Indianapolis Community Sale
Director Chris Bruzas and Senior Managing Director Alex Blagojevich negotiated the deal on behalf of the seller, Barrett Asset Management.
Campus Advantage Tapped to Manage 239 Beds in Kansas
The company will oversee three student housing properties near Kansas State University, including one building that was completed last year.