Regions

Goodman Real Estate Buys WA Property for $32M

Colliers brokered the sale of the apartment community, which encompasses 216 units in six buildings. The 1985-built property was recently renovated.

Bellwether Enterprise Selects New VP

Ilya Weinstein will oversee loan production for affordable housing properties throughout New York City and the northeastern U.S., bringing to this new role more than seven years of mortgage lending experience.

PGIM’s 2018 Mid-Year Multifamily Outlook

Real Estate Finance Managing Director Mike McRoberts offers a forecast for the sector in an exclusive video interview with MHN.

Straight Designs to Renovate CA Community

The company is updating the Greystar-owned Avana Rancho Cucamonga by converting the sport court to an amenity deck, among other upgrades.

Trammell Crow Breaks Ground on Metro Denver Mixed-Use Project

The Boulder development will include 250 market-rate apartments, 85 affordable units and retail space. A partnership between Allison Management and Koelbel and Co. will develop and own the affordable segment.

Delancey Street Associates Opens NYC Condos

The 55-unit building called 242 Broome is within the Essex Crossing development on Manhattan’s Lower East Side and includes a formal dining area, a children’s lounge and a furnished rooftop.

Stone Point Capital to Acquire Sabal Capital Partners

The firm will continue to be operated by Founder & CEO Pat Jackson, as well as other senior members that will make investments within the company alongside the Trident VII funds. 

Matt McCune, senior vice president, JLL

JLL Hires Midwest Multifamily Services Expert

Matt McCune is an investment sales professional with more than 10 years of experience. In his new role as senior vice president, he will advise on multifamily asset sales around central Ohio.

Millbrook Realty Capital Adds New Managing Director

Uanderson Benedetti will handle the origination of short-term bridge loans on multifamily properties, mixed-use buildings, condominiums and hotels, focusing on growing the company’s lending platform.

Interra Closes 3 Chicago Sales

The properties are located in the suburb of Evanston and two North Side city neighborhoods, Avondale and Rogers Park. The combined transaction price was $10.1 million.