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    Years of economic growth have prompted substantial rent growth, but is the city's multifamily market heading into treacherous waters?

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    Dougherty secured a 35-year term loan for the refinance of a Minneapolis community. The company plans a $3.4 million upgrade of the property as part of the transaction.

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    The portfolio was refinanced over the course of six months, with Walker & Dunlop Vice President Dough Hart leading the origination team. The 10-year term Fannie Mae loans have 30-year amortization schedules.

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    The most recent listings include a Seattle-area property on nearly 80 acres of land and a fully renovated 1920s asset in Los Angeles' Koreatown.

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    The NRP Group sold The Edison Lofts, a seven-story, 223-unit property close to the city's central business district.

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  • Senior Community Coming to Calgary University District

    West Campus Development Trust and The Brenda Strafford Foundation are developing Cambridge Manor, a 240-unit property in Canada. The facility is part of a 200-acre, master-planned sustainable development.

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  • Steady San Diego

    Gaining jobs across most sectors and rapidly adding residents, the city continues to be a strong and stable multifamily market.

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  • Richmond Assets Trade for $6M

    Marcus & Millichap brokered the sale of The Park at Forest Hill and Chateau de Ville, two properties totaling 119 units. The communities are located within a three-minute drive of each other.

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    Multiple people with varied schedules living in one building means noise from different directions at different times. EchoBlades, designed by Kirei, are sound-muffling design pieces that fit easily into traditional ceiling tiles.

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