Regions
TODAY'S DEALS: Marcus & Millichap Represents Buyer and Seller in $43.5M Sale
Marcus & Millichap Real Estate Investment Services brokered the sale of The Bluffs; and Northmarq Capital arranged a $30 million Freddie Mac mortgage.
Study Finds Boomers Unhappy with Traditional Retirement Communities
A recent study reveals that “traditional” retirement communities might become a thing of the past for boomers, unless some important changes are made.
Miami Affordable Property Opens Fully Leased
Vista Mar, a 110-unit apartment community in Miami’s Wynwood neighborhood, has opened its doors.
Essex Realty Group Selling 740-Unit Chicago Rental Portfolio
Essex Realty Group has been named the exclusive broker for a 740-unit portfolio of five buildings in the Uptown and Rogers Park neighborhoods of Chicago.
MARKET SNAPSHOT: New Construction Expected in Miami as Vacancies Fall and Employment Prospects Loom
The Miami-Dade area is set to see significant multifamily development in 2012, as the local economy expands and vacancies trend downward.
TODAY'S DEALS: Canyon-Johnson Invests $25.7M into JV Development
Canyon-Johnson invests into a California development; Beech Street arranges $32 million for a rent controlled asset in New Jersey; and Centerline Capital Group supplies a $15.5 million Fannie Mae loan to refinance a property in Nashua, N.H.
Partners Acquire D.C. Mixed-Use Property for $26M
Urban Investment Partners and Infinity Real Estate have acquired a 114-unit apartment building in Washington, D.C. for $26 million.
New Colorado Community Appeals to Gen Y
KTGY Group Inc. has recently completed the first of eight three-story buildings at the Arista Uptown Apartments in Broomfield, Colo. This community was designed specifically with Gen Y in mind.
Dinerstein Companies to Build Apartment Community at Warner Center
Warner Center, the highly walkable, live-work master-planned community in California’s San Fernando Valley, will soon gain yet another multifamily development.
LGBT Affordable Seniors Housing is First for Philadelphia
In a landmark decision for Philadelphia, the Pennsylvania Housing Finance Agency voted to provide a reservation of Low Income Housing Tax Credits, which will generate up to $11 million for the first LGBT-friendly affordable senior housing facility in the state.