Regions
HUD Unveils $472M for Coronavirus Relief
The new allocation of CARES Act funding is designed to help low-income renters and those with disabilities.
Canyon Partners Expands Opportunity Zone Portfolio
The company has joined ScanlanKemperBard Cos. and Diamond Investment Group, and invested $24.4 million into a 219-unit community in the Portland suburb of Tigard, Ore.
Firms Launch Residential Loan Investment Platform
Hunter Street Partners and Rice Park Capital Management LP will be focusing on portfolios of loans secured by single-family and small multifamily properties.
Next Wave Investors Sells Luxury Las Vegas Community
Benedict Canyon Equities acquired the 98-unit asset for $21.5 million. Walker and Dunlop provided acquisition financing.
Bennett, EDEN Form Joint Venture for New Jersey Community
The partners will bring 104 market-rate apartments to Plainfield, N.J., a suburb of New York City.
Harbor Group Lands $87M Refi for Philly-Area Property
The owner secured the Freddie Mac loan for a 405-unit community in Exton, Pa.
COVID-19 Downturn Fuels Q2 Falloff in Multifamily Demand
Net absorption plummeted to the lowest second-quarter level in 11 years, according to the latest CBRE Multifamily Figures Report.
Taurus Investment Buys Phoenix Community for $26M
The health care industry dominates the neighborhood around the 18-building community just north of downtown.
August Rent Payments Hit 79 Percent: NMHC
Coming days after the expiration of supplementary unemployment benefits, the figure is a slight increase from July’s rent numbers.
Mill Creek Breaks Ground on Seattle Apartments
The developer has started construction on the 288-unit Modera Overlake with completion expected by the end of 2022.