Regions
Unique Affordable Housing Project for Formerly Homeless and Incarcerated Women Gets Funding
Formerly homeless and incarcerated women and their families have few options for affordable housing, but a group of private and public organizations has come together to develop the $9.4 million Hour Apartment III to help address the problem.
$100M Manhattan Apartment Project in the Works
Manhattan renters are growing hungrier for accommodations, and Multi-Employer Property Trust is ready to help satiate their appetite.
Property Auction Proves Successful Strategy for Luxury Condominiums
Armada Hoffler, a commercial development and construction company, and Accelerated Marketing Partners (AMP), a residential real estate firm, recently sold a large number of luxury condominiums on auction.
TODAY’S DEALS: Waterton Residential Continues Buying Spree with Austin Purchase
Waterton Residential acquires a 288-unit community in Austin; MEPT and Bentall Kennedy announce a Manhattan development; and NorthMarq Capital arranges a $21 million, three-year bridge loan with interest-only.
MHN PROFILE: PostGradApartments
PostGradApartments connects recent college graduates with housing, and it is on the lookout to partner with apartment companies.
Upper West Side Rental Renovation Complete
The renovation of 163 West 80th Street, a five-story residential brownstone on the Upper West Side of Manhattan, has been completed by DelShah Capital LLC.
California Affordable Housing Developer Builds Hope
AMCAL Multi-Housing, Inc., a developer of affordable housing, is celebrating the success of its inaugural street fair and fundraiser designed to deliver support services and life-changing opportunities to residents.
TODAY’S DEALS: Extell Closes on $700M Construction Loan
Extell Closes on $700M construction loan; Phoenix Realty Group purchases a 253-unit community; and California Landmark breaks ground on a mixed-use development.
Supportive Housing Project Under Way in LA
Mercy Housing California has broken ground on Caroline Severance Manor, an affordable housing property in the Mid-Wilshire/Koreatown neighborhood of Los Angeles.
SPECIAL REPORT: Lenders Want to Lend to Multifamily Today, but Will They Feel the Same in Two Years?
How much longer can the multifamily market enjoy the extremely low interest rates? This question was addressed at the Massey Knakel Multifamily Summit, presented by GreenPearl Events this week in New York.