Regions
BPDA Approves Two Residential Projects in Boston
The two developments will bring 101 residential units to Dorchester and South Boston, including 13 affordable units, as well as ground-floor retail.
Fairfield Residential Secures $51M for MD Apartments
The seven-year, fixed-rate Fannie Mae loan for the 386-unit Rock Spring has three years of interest-only payments and five years of yield maintenance with a 1 percent prepayment penalty afterward.
KTGY-Designed Fremont Senior Community Breaks Ground
A partnership between Eden Housing and the City of Fremont is developing the property on the corner of Warren Avenue and Mission Falls Court. The community will feature 90 one- and two-bedroom units.
Affordable Bay Area Project Breaks Ground
KTGY Architecture + Planning and EAH Housing have begun the construction of Estrella Vista, a $64 million, 86-unit, mixed-use development in Emeryville, Calif.
Invesco Expands Portfolio With MA Buy
CBRE/NE represented the seller and procured the buyer. The property is three blocks away from Nantasket Beach and offers easy access to the South Shore.
Phoenix Luxury Condo Tower Approaches Full Occupancy
Optima Kierland will welcome its first residents in 2018. The upscale community is situated at the intersection of Scottsdale Road and Kierland Boulevard. Home prices start from $300,000.
Denver-Area Community Nets $11M Loan
Constructed in 1968 and renovated in 2016, the property is centrally located in Boulder, near the University of Colorado campus and other large employers.
MG Properties Acquires $58M Vegas Community
The company purchased the 432-unit Bristol at Sunset from Kennedy Wilson. CBRE arranged a $39.4 million acquisition loan through Fannie Mae on behalf of MG Properties Group.
Tackling the Affordable Housing Crisis
A panel of industry veterans offered a sober assessment and strategies for progress at the Institute of Real Estate Management’s annual summit in Chicago.
CA Treasurer, Governor Hopeful Doubles Down on Housing Affordability
California State Treasurer John Chiang is a man with a mission, and that mission is affordable housing. He offers details in a candid interview with MHN.