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    A joint venture purchased the 110-unit Madison Park Tower, a onetime hotel, using a $65 million acquisition loan from affiliates of Square Mile Capital Management.

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    Washington, D.C.’s multifamily market is experiencing strong fundamentals, including robust employment, healthy population gains and record-breaking rental rates, per-unit prices and median home values.

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  • JV Lands $40M Twin Cities Affordable Community

    Aeon and The Community Development Trust purchased Seasons Park Apartments, a 422-unit community in Richfield, Minn. The transaction marks Aeon’s largest acquisition and the second-largest investment for CDT.

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  • Three Strikes: Multifamily Growth Slows for Third Consecutive Month

    May 2017 marked the third consecutive month of rent growth deceleration and the 13th year-over-year slowdown, although development remains controlled.

    07 June 2017 13:42
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    Industrial was the only sector that saw an increase in total investment volume in the first six months of the year, Avison Young recently reported.

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  • BGL Completes Financing for Cleveland Waterfront Community

    The independent investment bank advised The Landmark Cos. on the acquisition of Quay 55, a historic building that will undergo an ample transformation process and rebranding.

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  • The Cost of Green: Is the Price Right?

    By some measures, sustainable practices are rapidly becoming the norm in the multifamily sector. Although sizing up the true costs of sustainability can be challenging, investors and managers have a variety of best practices and analytical tools to work with.

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  • 3 Assets Trade in Newark

    Gebroe-Hammer Associates facilitated two deals for the New Jersey properties. The three-story communities total 95 units in the Upper and Lower Roseville neighborhoods of the city.

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  • Waterton Secures DC-Area Luxury Community

    Built in 1992, the 404-unit Citizen at Shirlington Village will undergo renovations to its unit interiors and common areas.

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