Regions
HiCap Enters Utah Market With Salt Lake City Buy
CBRE Capital Markets provided financing for the acquisition of the 88-unit community.
Nonprofit Receives $27M for Affordable Senior Community
The 160-unit property located 16 miles south of Boston will undergo important upgrades, including $6 million in renovation works.
Trion Properties Purchases Bay Area Community for $21M
The deal marks the first time the property was made available for sale since being built in 1969.
Manhattan Multifamily Report – Summer 2020
The borough endured in the wake of shelter-in-place measures, with average rents outperforming nationwide trends.
Pantzer Properties Buys Washington, DC-Area Community for $71M
Berkadia represented the seller in the disposition of the 304-unit Point at Palisades in Manassas Park, Va.
Top 5 Markets for Construction Activity
The five metros on this list account for almost a third of the units under development nationwide, based on Yardi Matrix data.
CBRE Facilitates Sale of Los Angeles-Area Community
In July, CBRE’s brokerage team also arranged the sale of a 72-unit property in Los Angeles’ Koreatown. The community sold for $32.4 million at a 4 percent cap rate.
JV Lands $34M for New Jersey Affordable Luxury Project
Investors Bank originated the loan for the development of a 180-unit community in North Haledon.
MassHousing Provides Affordable Portfolio Loan
Preservation of Affordable Housing received the short-term financing for the purchase and initial rehabilitation of 227 units in Attleboro, Mass.
Aspen Heights Expands Student Housing Portfolio
The company’s newest project will offer 752 beds to students attending Washington State University one mile away.