Regions
Albuquerque Multifamily Report – Spring 2021
Rate growth continued to outpace the U.S. average through the first quarter.
Wingspan, BCDC Break Ground on Wisconsin Community
The property in Oak Creek is slated for completion by fall 2022.
Red Stone Equity Partners Closes $207M LIHTC Fund
The vehicle marks the firm’s largest ever and will help create or rehabilitate more than 1,600 affordable units.
JBG SMITH Secures Approval for National Landing Apartments
The towers may start construction as soon as the beginning of 2022 and will total 758 units.
Philadelphia Student Housing Development Gets $23M
College Town Communities will use the loan to build the 264-bed expansion near Penn State Abington’s campus.
Manhattan Multifamily Project Secures $59M Financing
The development will add 113 units within an Opportunity Zone in one of the borough’s growing submarkets.
Greystar Acquires Majority Interest in Thackeray Partners
The acquisition will give the firm additional rental housing as well as access to investments in the growing industrial sector.
Social Impact Investors Target Naturally Occurring Affordable Housing
Through “quick strike” funds, impact-minded sponsors are competing with value-add investors that purchase older properties with the goal of raising rents.
Dominium Expands Arizona Footprint
The 308-unit development in Phoenix is slated for a 2022 completion.
Cleveland Multifamily Report – Spring 2021
Despite economic setbacks, the metro’s rental segment continued to record steady gains.