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  • JV Develops New Apartments in Charleston

    Spandrel Development Partners, Aspen Heights Partners and Northwestern Mutual's 511 Meeting St. will offer 221 apartments, two levels of structured parking and retail at its base.

    23 May 2017 08:22
  • Dougherty Closes $14M Loan for Minneapolis Asset

    The company worked on behalf of the borrower, Eagan Apartment Associates LLP, to close the 12-year term loan. The community was 98.2 percent occupied as of August.

    05 October 2017 13:35
  • CAPREIT to Manage 3 Miami-Area Affordable Communities

    All three were purchased for $59 million in March 2017 by the American Opportunity Foundation, which plans to invest in extensive upgrades.

    26 April 2017 15:05
  • Omni Breaks Ground on $68M Affordable Bronx Community

    The 15-story Morris II Apartments will comprise 154 units with a 4,000-square-foot ground-floor community space, and 30 percent of the units will be permanently affordable.

    28 July 2017 16:29
  • Bellwether Secures $75M Refi for Luxury Inland Empire Asset

    The company arranged a $59 million permanent loan and a $16 million mezzanine loan for a 298-unit community asset in Ontario, Calif.

    28 July 2017 14:06
  • Economy Watch: Multifamily Markets Softening

    All four indexes of the NMHC's quarterly survey were below the breakeven level of 50, indicating that U.S. apartment market conditions are softening despite continued strong demand. New supply is finally catching up, and there seems to be more caution among buyers and lenders, noted NMHC Chief Economist Mark Obrinsky.

    21 April 2017 13:56
  • Charlotte’s Boom

    The area's multifamily market is one of the best-performing in the country, with healthy demand, job increases and strong growth potential.

    26 May 2017 13:18
  • Dominion Senior Living Breaks Ground on SC Community

    The $9.5 million, 44,000-square-foot project in Anderson will offer 45 assisted living and 15 memory care apartments.

    19 May 2017 14:01
  • Investcorp Procures $350M Portfolio

    Consistent with the company's strategy of investing in the South and Southwest, the six properties are located in Phoenix, Orlando and Jacksonville, Fla., and offer a combined 2,800 units.

    28 September 2017 18:25
  • New Affordable Housing Coming to San Diego

    Affirmed Housing began construction of a 79-unit community in Pacific Highlands Ranch. Dubbed Luna, the property will rent to those who earn between 50 and 60 percent of the area’s median income.

    21 September 2017 17:07