Regions
Closeup on the Bronx Affordable Housing Market
Developing and preserving affordable units in the dynamic borough of New York City is a genuine challenge. MBD’s Derrick Lovett and Monadnock’s Tom Ciano weigh on the borough’s affordable housing shortage and discuss the companies’ recent multifamily projects.
Developing Storm-Proof Senior Communities
It can be difficult for seniors to evacuate when a severe weather event is imminent, and they are less likely to relocate once the event has passed.
Ferndale Realty Group Sells Cincinnati Communities
Ardizzone Enterprises purchased Apex and Parkton in a transaction which involved two loans totaling $38.7 million. Merchants Bank of Indiana originated the financing.
Top Multifamily Transactions in TN in 2018
Investment in Tennessee stayed strong in 2018, as Nashville’s appeal only grew following Amazon’s commitment to add jobs to the metro going forward.
Workforce Housing That Makes Economic Sense
Resolving the shortage of middle-income units calls for fresh models. The challenge is undeniably daunting, but innovative solutions are out there.
Multifamily Manhattan Report – Winter 2019
Despite strong demand, apartment construction across the borough has slowed, while the average rent is approaching the $4,200 mark.
NKF Brokers $123M Sale of High-End Property in Boston
Oxford Properties Group entered the Boston residential market with the acquisition of a 195-unit luxury apartment community adjacent to the Longwood Medical Area.
MI Community Receives $14M Loan
The 88-unit Gateway at Belknap Apartments in Grand Rapids, Mich. received a Fannie Mae DUS Loan funded by Arbor Realty Trust.
$80M Luxury Community for Seniors Coming to Long Island
Triangle Equities is teaming up with GTIS Partners to develop Kensington Estates, an upscale community targeting seniors aged 55 and over in Woodbury, N.Y.
California Sues Huntington Beach Over Lack of Affordable Housing
Gov. Gavin Newsom directed the state’s attorney general to file the first-of-its kind litigation against the city, claiming its non-compliance with state housing law is contributing to California’s housing crisis.