Regions
HiCap Closes 2nd Utah Multifamily Acquisition
CBRE arranged a 10-year Fannie Mae loan for the purchase of the 38-unit community in Provo.
New Plan for Fannie, Freddie Threads the Needle
What’s next for the GSEs: Yardi Matrix Research Director Paul Fiorilla assesses a major agreement.
Trammell Crow Residential to Begin Construction on Boston-Area Project
The 282-unit Alexan Kingston community will replace the shuttered Sears department store at Kingston Collection Mall.
What’s in Biden’s $1.9T Relief Bill for Multifamily
The president is proposing more federal rent relief, expanded unemployment benefits and a new round of stimulus checks.
Berkadia Acquires Apartment Brokerage Moran & Co.
Veteran dealmaker Mary Ann King will head up Berkadia’s new platform and help oversee the integration of Moran’s 31-member team.
Toll Brothers, Harrison Street to Build ASU Student Housing
The partnership secured construction financing for an upcoming 826-bed luxury community in Tempe, Ariz.
Virginia Senior Housing Project Breaks Ground
Watercrest Senior Living Group and Harbert Seniors Housing Fund II have started work on the 98-unit luxury community outside of Richmond.
Luxury New Jersey Community Trades in $84M Deal
Former owner J.P. Morgan Asset Management purchased the 200-unit asset in 2003 from its developer, in a $42 million deal.
Urban Catalyst Closes $131M OZ Fund
The funds will go towards seven projects in San Jose, Calif., which are expected to start construction in 2021 and 2022.
Ryan Cos. Breaks Ground on $117M Chicago Senior Community
The long-debated project will bring 258 senior housing units and additional commercial space to the city’s Six Corners district.