Regions

David Lichtenstein, Chairman & CEO of Lighstone

Lightstone Secures $164M Refi for Metro Detroit Properties

The New York-based company teamed up with Greystone and Freddie Mac for the loans.

Rendering of a Community Garden in the Fitzgerald Area

The Fitzgerald Project, Detroit’s Premiere in Urban Development

The Fitzgerald Revitalization Project focuses on 100 vacant buildings and 257 empty lots that will be converted to productive landscapes.

Greystar Snaps Up 2 More LA Properties

A Greystar subsidiary, Greystar Equity Partners, has acquired two properties totaling 374 units.

Gardner Capital

Gardner Capital’s Plan for Senior Housing Advances

A 50-unit affordable community in Roselawn wins state tax credits.

Love Funding Lands $6.6M Loan for New Senior Housing in Utah

The construction financing will allow Giza Development to speed up the building of a 62-bed assisted living and memory care facility in Ogden, Utah.

Employment Rebounds in June

The reversal of the downward trend seen in April and May indicates that the job market remains strong, which is good news for the multifamily industry.

Camphora Apartments

Soledad Community Boosts Affordable Stock

Developed by Eden Housing and South County Housing, Camphora is intended to provide a fresh option for Monterey County farm workers.

Treadmark in Boston, rendering

$45M Mixed-Income TOD Breaks Ground in Boston

Trinity Financial is developing Treadmark, an 83-unit community in Dorchester that was designed by Taniya Nayak.

Belvedere Towers Apartments, Baltimore

Multifamily Community Trades for $30M in North B’More

Harbor Group International sold the 237-unit Belvedere Towers Apartments five years after it acquired the asset for a little over $26 million.

Enterprise to Develop Affordable Community Near Denver

To finance the $29 million development, the company syndicated $14.75 million in LIHTC equity provided by investor American Express.