Regions

MassHousing’s $66M Financing Strategy

Why MassHousing provided $66 million for an affordable seniors community.

Economy Watch: Are Millennials Key for the Recovery of the Single-Family Market?

The single-family market is improving, but at a slow pace. Could Millennials aid in the recovery?

$15M New Multifamily Community 100 Percent Leased

Housing Trust Group announced the opening of Village Place Apartments, a $15 million, 112-unit mid-rise apartment development that is already 100 percent leased.

Acquiring and Rebranding a 350-Unit Community

A joint venture of Carroll Organization, a privately held multifamily investor; a W.P. Carey’s non-traded REIT; and Silverpeak Real Estate Partners has acquired Pinnacle Ridge, a 350-unit apartment property in Durham, N.C.

Pillar Announces Top Hires to its Originations Department

Pillar, a Guggenheim Partner affiliate and provider of financing solutions for affordable multifamily properties, has added four new executive hires to the team.

Today’s Deals: NorthMarq Capital Secures $52M in Financing for 20 Years

A finance company secures $52 million for a multifamily property, and other deals of the day.

New York and Brooklyn Multifamily Prices are Rising. Here’s Why.

Halstead Property Development Marketing has released the industry’s first-ever comprehensive report analyzing new development sales market data and sees continued robust pricing in the new development market for both Manhattan and Brooklyn in 2015.

An Inside Look at a Historic Redevelopment

The renovation of the historic Wiley Building.

TODAY’S DEALS: Martin Fein Interests Completes Two Colorado Sales

ARA brokers two sales in Lone Tree, Colo.; Griffis Residential completes a $48.8 million sale in Colorado Springs, Colo.; and Oak Grove Capital arranges $27 million in financing involving only 45 days of processing for a value-add property.

AMCAL Multi-Housing Hires Chief Estimator

Allan Backhaus Jr. has joined AMCAL Multi-Housing in the new position of chief estimator.