Regions
JV Opens Brooklyn Affordable Housing
Developed by RAL Development Services and Oliver’s Realty Group, in partnership with Brooklyn Bridge Park, the 15-story building features 140 units.
LRES Names Vice President, National Sales Manager
Peter Lutz has more than 20 years of executive experience. He previously served as president of Data Control Group and is also principal consultant of PTL Consulting.
Massie Capital Management Secures $23M for LA-Area Community
HFF worked on behalf of the borrower to arrange the financing deal for William Penn Apartments, a 189-unit building in the Koreatown neighborhood.
CWS Capital Buys Phoenix Apartments
Walker & Dunlop originated more than $38 million in Freddie Mac acquisition financing for the buyer’s $60 million purchase of the Class A, 320-unit community.
Draper and Kramer Bringing New Community to Chicago’s South Loop
The 275-unit development will be located nearby McCormick Square and will be the largest community built in the area since 2010.
Oakland Affordable Housing Development Lands $32M Loan
Parkview Financial provided the construction financing for a 102-unit adaptive-reuse, live/work rental property.
Cushman & Wakefield Brokers $56M IN Sale
Castle Rock, a 740-unit apartment property in South Bend, was acquired by a joint venture of Sinatra & Co. Real Estate, L5 Investments and Odyssey Properties.
Kansas City Multifamily Report – Winter 2019
Despite an uptick in deliveries, demand for apartments remains robust across the metro, where occupancy in stabilized properties rose to 94.9 percent as of November.
New Affordable Housing Slated for Midtown Manhattan
New York City has tapped several development firms to build 260 affordable apartments on two city-owned sites in the Clinton/Hell’s Kitchen neighborhood.
Green Financing’s Growth and Growing Pains
Fannie Mae, Freddie Mac and PACE financing continue to lead the charge, with an increasing number of states expected to launch government-backed guaranteed mortgages.