Regions

Phase 1 of $300M Bronx Development Begins

More than 180 units will be built in the initial phase of the Peninsula, a five-building development on the former site of a juvenile detention facility.

Inland Real Estate Buys Phoenix Community for $56M

Santander Bank provided the buyer of the 225-unit property with more than $30 million in acquisition financing.

MAXX Properties Grows Las Vegas Portfolio

Following the acquisition of 168 units in the city’s Spring Valley neighborhood, the owner plans to begin capital improvements.

Berkadia Closes $30M Los Angeles-Area Sale

The 78-unit community known as Villa Grande Townhomes had a 92.3 percent occupancy rate as of September.

Starlight Investments to Buy $1.3B Canada Portfolio

Continuum Residential Real Estate Investment Trust agreed to sell its collection of 44 concrete high-rises, mainly in the Toronto area.

MHN Poll art

MHN Poll: Potential Recession

MHN has a new poll! We want to know how concerned you are about a potential recession compared to this time last year.

CAPREIT Acquires Delaware Community

Greysteel’s Ari Firoozabadi and Henry Mathies acted on behalf of the seller and procured the buyer for Vinings at Christiana.

Newark Affordable Housing Breaks Ground

The Michaels Organization and its partners began work on Somerset Brownstones, a $19 million development in New Jersey’s Central Ward neighborhood.

California Community Lands $39M Fannie Mae Green Loan

Fannie Mae originated the funds in August, when Afton Properties acquired the asset from Klingbeil Capital Management.

San Diego High-Rise Welcomes First Residents

Greystar Development will handle management of the 300-unit luxury Palisade at Westfield UTC.