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  • Franklin Street Closes Sale of 111-Unit Florida Asset

    Cornerstone Pointe Apartments traded for $10.6 million. Milbrook Properties Ltd. purchased the community from Everett Realty Services. The community last traded in 2010 for $3.6 million.

    22 May 2017 23:56
  • NMHC, NAA: US Needs 5M New Apartments by 2030

    According to a new joint study, apartment supply is not keeping up with demand caused by delayed marriages, an aging population and international immigration.

    13 June 2017 16:19
  • PAC to Invest $18M in NC Multifamily Asset

    The aggregate loan will be used by Oxford Properties to develop a 338-unit community in Charlotte. The investment comes with an option for PAC to acquire the asset following stabilization for a convenient sum.

    22 August 2017 15:56
  • Chicago’s Woodlawn: A Success Story in the Making

    In the last few years, the long-struggling neighborhood has seen robust construction activity in the housing and retail sectors. Nonprofit developer POAH together with the city of Chicago have initiated a series of affordable housing projects meant to transform the community and trigger other residential, educational and cultural developments.

    13 September 2017 10:55
  • Cushman & Wakefield Shepherds 182-Unit GA Sale

    JEM Holdings acquired the $15 million Woodhill community in Augusta from Intermark Management and King Management. C&W's Southeast Multifamily Advisory Group, arranged the transaction.

    30 August 2017 15:49
  • SG Blocks to Develop Largest Projects in Company History

    The developer of container-based structures plains to build two low-income housing projects totaling 390,000 square feet in New York State. Both multistory buildings will be fully modular.

    05 October 2017 14:59
  • Warmington Properties Secures $190M for Portfolio Refi

    Walker & Dunlop Inc. structured five Freddie Mac loans and one Fannie Mae loan, totaling $190.2 million, with 10-year terms and 30-year amortization schedules, to refinance nine California and Nevada communities held by Warmington Properties. Warmington began a value-added program across its portfolio in 2014, including the complete renovation of property amenities, building exteriors and unit interiors.

    10 May 2017 19:13
  • Affordable Bay Area Project Breaks Ground

    KTGY Architecture + Planning and EAH Housing have begun the construction of Estrella Vista, a $64 million, 86-unit, mixed-use development in Emeryville, Calif.

    16 October 2017 12:57
  • Napali Acquires 2nd GA Community

    The company purchased Forest Park Manor, a 100-unit property in Forest Park, and plans to rebrand it as Residences at Stonebrook.

    05 September 2017 16:10
  • Job Growth Keeps Market Steady in Miami

    The metro’s economic profile is diverse, but education and health services; leisure and hospitality; and trade, transportation and utilities continue to drive employment.

    24 October 2017 14:56