Regions
Northern New Jersey Community Sells for $40M
Santander Bank provided $29.4 million in acquisition financing for the purchase of the 123-unit community in Morrisville.
Studio Management Services Acquires Las Vegas Properties
Laurel Park Apartments and Villa Del Rio Apartments sold for a total of $54 million.
Matthews Appoints New National Director of Multifamily
Until recently, David Roth served as vice president of investments at The NRP Group.
KeyBank Arranges $140M Refi for 3 Communities
The multifamily properties totaling 950 units are owned by Keller Investment Properties in Utah and Arizona.
Brooklyn Affordable Community Breaks Ground
Trinity Financial Inc. and the New York City Housing Authority are bringing the 180-unit property to the borough’s Brownsville neighborhood.
3D Investments Trades Las Vegas Community for $19M
The 193-unit garden-style community, built in the 1970s, last changed hands two years ago for $11 million.
Podcast: Getting Creative With Affordable Housing Lending
Merchants Capital President Mike Dury discusses mortgage lending activities for the affordable housing market. Tune in to hear his take on what’s ahead.
Berkadia Adds New SVP to Affordable Housing Team
David Leopold will oversee activities, such as mortgage banking, investment sales and tax credit syndication services.
Vulcan Sells Seattle Community for $98M
JLL brokered the sale of Augusta, a 210-unit property that includes ground-floor retail.
Jersey City Joins Push to Block Airbnb
Boston and Jersey City recently passed laws clamping down on the short-term rental platform.