Regions
Sacramento Multifamily Asset Commands $14M
JCM Partners sold the 76-unit community to IDS Real Estate Group, which landed an HFF-originated, $7.6 million Freddie Mac loan to finance the acquisition.
JCM Partners Sells Sacramento Community for $61M
The buyer, 29th Street Capital, financed the acquisition of the 417-unit multifamily asset with a nearly $47 million Freddie Mac loan.
Solomon Org. Acquires Pittsburgh Community for $41M
The buyer financed the acquisition of the 316-unit property with a $32.4 million Freddie Mac loan originated by M&T Bank.
Pittsburgh Community Changes Hands
The 124-unit Class C property was sold for nearly $5 million. The new owner financed the transaction with a $7.5 million acquisition and development loan.
Mobile Doorman and ButterflyMX Announce Partnership
The new mobile app feature will enable residents to open and manage doors, issue virtual keys and delivery PINs, and have video chats with visitors and couriers.
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.