Regions

Four Mile Capital Expands VA Footprint

The firm purchased a two-property portfolio totaling 234 units and plans a capital improvement plan to upgrade interior units and amenity spaces.

Leader of the Pack: Residents Sound Off on Delivery Services

The explosion of e-commerce has led apartment communities to upgrade how they handle packages and deliveries—but how do residents feel about the changes?

Sterling Properties Opens NJ Luxury Community

Dubbed SOMA, the transit-oriented property in Somerville, N.J., is a block from the train station and aims for LEED Gold certification

$300M Residential Tower Breaks Ground in LA

Developed by Hankey Investment Co. and Jamison Properties, the 25-story high-rise will bring 644 apartment units and 15,000 square feet of ground floor retail space to the coveted Koreatown submarket.

Brooklyn Mixed-Use Development Lands $165M Financing

HFF worked on behalf of a joint venture to arrange the construction loan, which will be used to develop One Boerum Place, a downtown luxury property.

KeyBank Provides $12M for Cleveland Adaptive Reuse Project

Snavely Group will use the financing to create 38 affordable units at Forest City Square Apartments, an environmentally friendly housing development.

Friedman Real Estate Facilitates Detroit Transaction

Senior Vice President Steven Silverman, from investment advisory services, and Vice President James Tumey, from urban and brokerage services, represented both parties involved in the sale.

How Privatizing GSEs Could Impact the Multifamily Market

New proposals to end conservatorship and revamp the roles of Fannie Mae and Freddie Mac raise questions among industry experts.

Affordable Buffalo Community Scores Construction Financing

Elim Townhomes received $12.1 million in construction financing from KeyBank. The community will reserve five units for individuals with physical, hearing and vision impairments.

Multifamily Los Angeles Report – Winter 2019

Steady employment growth fueled by a large and diversified economy underpins a robust multifamily demand in the metro. Despite a surge in construction, the average occupancy rate was 96.6 percent as of October.