Regions

Multifamily Tech Hits Fever Pitch

Executives around the country weigh in on the industry’s major challenges in a revealing survey by consulting firm D2 Demand Solutions.

Ohio Multifamily Asset Lands $33M Refi

The 15-year Freddie Mac loan for the 269-unit Water Street Residential property in Dayton was placed with Hunt Real Estate Capital.

Chicago Condo Development Breaks Ground

Named from the French word for Bishop, Eveq was designed by Sullivan Goulette & Wilson Architects and will feature 32 residences in the West Loop.

Last Beam Placed on NJ Mixed-Income Project

The state’s housing and mortgage finance agency assisted with the development that will provide 45 market-rate apartments and another 55 affordable units in the township of West Orange.

In Case You Missed It: MHN’s Top 5 Posts in April

Miss any of our articles? Catch up with five of our most popular posts for the month.

Vegas Community Trades for $14M

The seller, Strategic Realty Capital, had acquired the 146-unit Class C multifamily asset in 2010 as part of a 475-unit portfolio transaction.

Richmond-Area Community Commands $46M

Colliers International represented a joint venture between McCann Realty Partners and Artemis Real Estate Partners in the sale of the 294-unit Hickory Creek Apartments.

ULI Sees “Attainable Housing” Crunch for Middle Class

In a finding with far-reaching implications for the multifamily sector, ULI reports that modestly priced, new for-sale homes have nearly disappeared in most areas of the country, leaving middle-income Americans in the lurch.

JV Gets $35M Refi for 604-Unit Portfolio

Auerbach Funds and Blue Magma Residential secured the loan with Greystone for a three-property multifamily portfolio located in the Southeast.

KeyBank Originates $66M in Financing for NY Senior Housing Assets

The lender’s Healthcare Group arranged a $45.8 million first mortgage and a $20.1 million first mortgage through Freddie Mac to refinance two properties.