Regions
Top 5 Markets for Construction Activity
A breakdown of the country’s top-performing multifamily metros for units underway as a percentage of existing stock.
Lena Park Secures $26M for Boston-Area Community
MassHousing provided two loans for capital renovations and extension of affordability at the 143-unit property in Dorchester.
Monday Properties Breaks Ground on Virginia Development
The firm secured nearly $67 million in financing to begin construction of the 300-unit community in Alexandria, Va.
IPA Arranges Sale of Bay Area Multifamily Portfolio
The firm sold three properties totaling 150 units in Walnut Creek, Calif.
Greystone Scores $86M Refi for San Francisco-Area Community
Legacy Homes chose the 10-year Freddie Mac loan instead of selling the property in Tracy, Calif.
Transactions: June 2020
A short list of recent major investment sales and financings from coast to coast.
New York Assisted Living Facility Lands Construction Financing
Greystone provided the HUD-insured loan for the 84-unit, 110-bed property in Clarence Center.
Walker & Dunlop Arranges Refi for 3 Senior Housing Facilities
The company secured $37 million through HUD’s Lean loan program for properties in Novi, Mich., and Aurora and Kankakee, Ill.
Developers Report Continued Construction Delays
More than half are experiencing setbacks, but a few bright spots are also emerging, according to NMHC’s latest survey.
Tzadik Management Closes on $80M Refi
The company secured permanent financing for two apartment portfolios totaling 1,100 units in Sioux Falls, S.D.