Regions
Weidner Sells Phoenix Community for $37M
Weidner Apartment Homes sold Monterra Apartments Homes for $37.2 million after almost a decade of ownership. The buyer financed the acquisition through a loan.
Denver Luxury Community Breaks Ground
Once completed, the 132-unit community will offer convenient access to downtown Denver. Modera LoHi will feature a mix of studios, one- and two-bedroom units.
New Community Breaks Ground in Kansas City
A partnership of Copaken Brooks, CP Real Estate Capital and Burns & McDonnell has designed and is building Reverb, a 132-unit mixed-use project in the Crossroads Arts District.
Grandbridge Real Estate Arranges Refi for 132-Unit OH Property
Funded through one of Grandbridge’s insurance company correspondents, the $1.8 million loan closed with an interest rate of 5.01 percent.
Enterprise Community Partners Launches National Health Housing Initiative
The Maryland-based nonprofit plans to invest $250 million across the U.S. over five years as part of its Health Begins with Home program.
Queens Luxury Building Lands $116M Loan
The financing, provided by Benefit Street Partners Realty Trust, will be used to pay down debt and add new amenities to the building’s units, fitness center and lobby.
Sabal Capital Partners Closes $189M Portfolio
The properties total 880 units in New York City’s East Harlem neighborhood, marking the largest transaction in the history of Freddie Mac’s Small Balance Loan Program.
NYC Firm Launches Investment Platform
Hello Vision will provide financing for ground-up and renovation development projects, as well as invest in multiple asset categories.
California Emergency Laws Stir Worries About Rent Limits
California laws that make it illegal for businesses to raise prices sharply in the wake of an emergency are creating concerns that enforcement might produce a de facto statewide rent control on apartments.
Henley USA Enters Inland Empire Market
In a partnership with Tower 16 Capital Markets, the company purchased Hillside Village in San Bernardino Valley. The new owner intends to renovate the 80-unit property.