Regions
NYC Public Housing Slated for $560M Makeover
The 24-building public housing community in the New York City borough of Queens will use the funding for upgrades and renovations.
29SC Expands Into Sacramento With 110-Unit Community
The company plans to spend $1.3 million in capital improvements in the property located in Citrus Heights, Calif., a submarket with a more than 8 percent rental rate growth.
DC Asset Changes Hands for $3.5M
Marcus & Millichap closed the sale of Gresham House, a 15-unit community in the Columbia Heights neighborhood of Washington, D.C. The property includes 3,358 square feet of retail and office space.
Interforum Debuts Chicago-Area Luxury Townhomes
Featuring designs inspired by the work of Frank Lloyd Wright, the community comprises 29 luxury townhomes on the site of a former lumberyard.
JLL Snags Investment SVP in SoCal
With more than a decade of experience, Christopher Arvizu will focus on multifamily sales in Orange County and the Inland Empire as part of the firm’s capital markets team.
LMC Tops Off San Diego Mixed-Use Project
Shift, a 368-unit community located in the East Village neighborhood, includes a 21-story tower and two five-story low-rise buildings.
Economy Watch: Demand For Skilled Nursing Facilities Edges Up in Q1
The percentage of Medicare patients among the overall mix of patients is also increasing, according to the National Investment Center for Seniors Housing & Care, reflecting the growing important of Medicare within the skilled nursing sector.
Bernards Breaks Ground on 115 KSF Student Housing
The company is aiming for an August 2018 completion on the 114,970-square-foot facility at the University of La Verne. The project will be the first one in the university’s newly approved Facilities & Technology Master Plan.
Upcoming VA Community Lands $24M Construction Financing
Berkadia’s Senior Managing Director David Blake arranged a 40-year loan for the development of a 168-unit residential property in Christiansburg, Va.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales for May 2017 in New York City.