Regions

City Tower Brings Luxury to Downtown Brooklyn

Multi-Housing News recently took a trip to downtown Brooklyn for a tour of The Brodsky Organization’s City Tower. Read on for an inside look at the luxury community.

North American Properties Unveils NJ Mixed-Use Development Plans

Riverton, a 418-acre waterfront redevelopment on the Raritan River in Sayreville will be the largest mixed-use project in the state.

Matthew Pestronk, co-founder & president of Post Brothers

What’s Changing With Family Capital Investment

Family investment firms are making their mark in the multifamily industry. Post Brothers’ Matthew Pestronk weighs in on this trend and the challenges in the industry for companies managing family capital.

Berkadia Arranges $22M for SoCal Community

The company secured a seven-year Freddie Mac acquisition loan for Interstate Equities Corp.’s purchase of the 133-unit Verse La Mesa in La Mesa, Calif.

Encasa Apartments

Raintree Lands $218M Refi for CA Community

Capital One arranged the refinancing for Encasa Apartments, a 465-unit community in Sunnyvale, Calif. The property will receive 10-year, Fannie Mae fixed-rate loans that have 10 years of interest-only payments.

Related Midwest Unveils Chicago Luxury Tower

Landmark West Loop, located in the West Loop neighborhood, is a 31-story, 300-unit community designed by architect Morris Adjmi.

Castle Lanterra Buys in Denver Metro

Built in 1972, Sunset Ridge Townhomes in Westminster, Colo., includes 280 units featuring a mixture of two-bedroom and townhome units.

Gebroe-Hammer Closes $89M Sales in Suburban Philly

The company brokered three transactions of properties located in three different counties in the South Jersey market. The apartment communities comprise 896 units.

4 Emerging Multifamily Products

More than 100 exhibitors gathered at NMHC’s OpTech in Las Vegas to showcase the latest in today’s multifamily technology. Read about some products that are changing the industry.

Phoenix Condo Project Site Trades for $1.6M

ABI Multifamily facilitated the land sale, which includes the planned development of a three-story, 16-unit luxury community called Aeries Townhomes.