Regions

JV Acquires Portland-Area Community for $12M

Jordan Carter, Tyler Linn, Clay Newton and John DeJager of Kidder Matthews represented the buyer.

Minnesota Affordable Property Gets $42M Refi

Aeon, Community Development Trust and Minnesota Housing closed the financing for a 422-unit community located within a few miles of Minneapolis-St. Paul International Airport.

Luxury Multifamily Project Wraps Up Near Milwaukee

McShane Construction Co. built The West Living, a 177-unit upscale community in West Allis, Wis.

NIC’s 2020 Fall Conference Highlights

The event’s three days covered a broad range of topics, from the pandemic’s impact on design to the forgotten middle market.

Top 10 Multifamily Projects Under Construction in Ohio

A list of Ohio’s largest properties currently under construction, based on Yardi Matrix data as of September.

Kushner Acquires Richmond-Area Portfolio in $113M Deal

The three-asset portfolio last changed ownership in 2016 for $68.5 million.

Hines Launches Multifamily Management Firm

Willowick Residential will oversee the developer’s growing portfolio of apartment projects, starting with nine communities in Texas and Chicago.

BLDG Management Lands $289M Loan for Manhattan Tower

The owner secured the loan for its 429-unit, partially affordable apartment community in Midtown.

IPA Brokers Greater Salt Lake City Sale

Danny Shin, Brock Zylstra, Steve Gebing and Cliff David assisted the seller of the 160-unit community.

Washington DC Metro Report iStock-1270527151

Washington, DC, Multifamily Report – Summer 2020

While relatively well insulated for the current downturn, the metro’s fundamentals recorded some softening over the past two quarters.