Regions

SummerHill Pays $81M for San Jose Community

The buyer will raze the existing buildings to develop 115 for-sale rowhouses at the site, using $70.4 million in construction financing.

What to Expect From Senior Housing in 2021

In part one of our 2021 outlook series, Standard Cos.’ Jeffrey Jaeger outlines the main trends and challenges expected to shape the senior housing sector over the next 12 months.

Pennrose Lands Financing for Philly-Area Senior Community

The 96-unit building represents the final phase of the Kinder Park development in Ridley Township.

World’s Tallest Mass Timber Tower Lands $88M Loan

The 259-unit, 25-story Ascent community in Milwaukee is set to deliver in the summer of 2022.

Allied Orion to Manage 3 Military, Corporate Housing Properties

Totaling some 800 units, The Accend Cos.’ buildings are situated in San Antonio, Tampa, Fla., and Norfolk, Va.

NRP Group Breaks Ground on New Rochelle Workforce Housing Project

The developer expects to complete the $97 million Renaissance at Lincoln Park community by 2023.

Transwestern, Trammell Crow Sell Denver Community

JLL Capital Markets represented the sellers in the disposition of the 164-unit Alexan Cherry Creek.

Pandemic Sparks Suburban Migration: NAREE

Industry executives take an in-depth look at how the accelerated preference for suburban living and remote work is affecting the real estate market.

Facebook Commits $150M to Bay Area Affordable Housing

The company is targeting 2026 to complete distribution of the fund, which is expected to support the creation of at least 2,000 affordable units.

A Look at Where the Multifamily Market Stands: NAREE

NMHC’s Caitlin Sugrue Walter assessed the state of the multifamily market and gave the latest updates on a range of issues during NAREE’s annual conference.