Prominence
San Francisco Portfolio Sells for $260M
Hunton Andrews Kurth represented the seller, Nahla Capital, in its disposition of 30 assets totaling 400 units.
Slower Growth Ahead for Nashville
Asking rates are expected to rise more gradually in the face of robust development—mostly comprising upscale projects—with the average rent reaching $1,216 as of August.
Rent Control Fight Expected to Continue After Prop 10
Proposition 10, a statewide ballot initiative designed to expand rent control in California, was defeated in a well-funded campaign led by multifamily industry leaders. Now they hope to put the focus on expanding affordable housing opportunities.
KeyBank Arranges $291M for Senior Housing Portfolio
The loan, which was secured through Freddie Mac and closed in two tranches, was used to acquire 17 properties totaling 2,193 units.
Amazon’s HQ2: The Multifamily Impact
Executives weigh in on the implications for residential markets in Crystal City, Va., and Long Island City, N.Y., Amazon’s future HQ2 campuses.
Seattle-Area Community Sold for $173M
Los Angeles-based Decron Properties entered the Puget Sound market with the acquisition of Avana 522 in one of the largest transactions in the region this year.
How Austin Can Set an Example in Tackling Affordability Issues
The $250 million bond, the largest in the city’s history, is expected to ease the metro’s rising affordability issue. In this interview, Atlantic | Pacific Cos.’ Dan Wilson talks about the company’s most recent projects in the market.
LA Luxury Community Receives $153M Financing
Walker & Dunlop structured the construction financing for the development of a 364-unit property located in Koreatown, just off Wilshire Boulevard and approximately 4 miles from downtown Los Angeles.
MHN Poll: Technology Expenditures
MHN has a new poll! We want to know if you are planning to increase your technology expenditures for the next year.
Chicago Luxury Tower Lands $215M Refi
Perkins Coie represented the borrower, Optima Inc., in arranging a loan to refinance construction debt on the 57-story Optima Signature high-rise.