Regions
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.
Jersey City Community Scores $168M Loan
The financing will fuel construction of a 350-unit rental tower as part of a planned 1,000-unit development.
Multifamily Rents Rise as Vacancy Tightens
A new report by Walker & Dunlop finds healthy demand even as nearly 800,000 apartment units are under construction.
Inland Empire Multifamily Report – Fall 2019
The Inland Empire’s affordability advantage compared to other SoCal metros is drawing in new residents, expanding the local labor market and driving up demand for multifamily product.
Harbor Group Pays $59M for DC Luxury Community
JLL provided nearly $46 million in acquisition financing for the buyer of the 243-unit, Class A multifamily asset.
Cushman & Wakefield Brokers $40M Deal in Chicago’s Fulton Market
Managing Directors Todd Stofflet and Jason Stevens worked on behalf of JP Morgan Asset Management in the transaction. RDG Funds was the buyer.
Final Tower at Optima Sonoran Village Now Complete
In just six months from the opening date, the final tower’s occupancy has already surpassed 77 percent, thanks to the area’s strong multifamily demand.
ACC Opens Arizona Student Housing Community
The opening of Honors Village marks the University of Arizona’s first public-private partnership development with the company.