Regions
Mixed-Income Community Breaks Ground in MA
A joint venture is developing Mass+Main, a $190 million project that will feature 248 market-rate and 60 affordable units. The property is slated for a mid-2020 completion.
Affirmed Housing Opens Affordable San Diego-Area Community
Eastgate serves low-income families and veterans. Built by Wermers Construction, the property includes 42 units and is located in San Marcos, Calif.
Partnership Brokers $11M Sale of 2 Chicago Affordable Properties
Habitat Co. purchased the 167-unit portfolio from Renaissance Cos. Kiser Group Director Michael D’Agostino and AHIB Managing Director Kyle Shoemaker closed the deal.
Tallest San Jose Development Breaks Ground
Bayview Development Group’s Miro, a 28-story luxury community, will feature more than 600 residential units. The project is expected to be completed by 2020.
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.
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.
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.