Regions

J Street Begins Work on 9-Unit DC Condo Project

John Marshall Bank provided construction financing for The Pacifica, a luxury community to be built at the confluence of Dupont Circle and West End neighborhoods.

Berkadia Facilitates $49M Financing for Chicago Redevelopment Project

The company arranged a non-recourse renovation loan with Granite Point Mortgage Trust on behalf of developer CEDARst Cos.

2018 MHN Excellence Awards: The Judges’ Comments

The judges of this year’s awards program discuss standout entries from the submission pool and how those point to industry trends.

Jersey City Luxury Tower Launches Leasing

Developed by Ironstate Development and Panepinto Properties, 90 Columbus is the fourth and final phase of The Columbus Collection, a multi-building development which also features retail space and a Residence Inn by Marriott hotel.

Chicago’s Rogers Park Gets New Affordable Housing

Walsh Construction and the Chicago Housing Authority broke ground on a 54-unit community located on a vacant lot which hosted the former Adelphi Theater.

TruAmerica Expands Salt Lake City Footprint with $46M Buy

The 253-unit Country Lake in Silicon Slopes is the company’s fourth community in the metro. The new owner has plans to renovate the 1973-built property.

SoCal Affordable Community Changes Hands

The 60-unit fully affordable property fetched a price tag of $3 million, with the buyer landing $2.7 million in acquisition financing.

Brooklyn Braces for Banner Year

Most of the upcoming multifamily supply is geared toward the market’s Lifestyle segment. That will intensify the borough’s severe affordability crisis.

JV Begins Phase 2 of $1B Hudson Valley Development

SunCal and Diversified Realty Advisors’ Edge-on-Hudson in Sleepy Hollow will comprise 1,177 multifamily units, a 140-key boutique hotel and 165,000 square feet of commercial space.

Standard Communities Nabs Affordable RI Asset

Following the acquisition, the company intends to perform an extensive rehabilitation of the 106-unit Curtis Arms Apartments in Providence.