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  • Affordable Housing to Rise on Former NY Slaughterhouse Site

    NYCEDC and HPD released plans to transform a 24,687-square-foot historic site in the far west side of Manhattan, once home of New York Butchers’ Dressed Meat Co., into a mixed-use project that will include 234 affordable units, a grocery store, dormitory space, and more.

    11 May 2017 14:45
  • Tradition Senior Living Enters Houston

    The company broke ground on a 316-unit community slated for completion in late 2018. The two-building property will offer a continuum of care, including independent living, assisted living and memory care.

    01 August 2017 15:03
  • ARA Newmark Secures $92M Denver-Area Portfolio Sale

    Earlier this year, the 144-unit Villas at Holly sold for $26.3 million to Triumph Properties Group. The 312-unit Villas at Homestead traded as well, for $65.4 million. Both properties are located near the Denver Tech Center.

    04 May 2017 14:25
  • Investment

    In the second quarter of 2017, the price per square foot for multifamily properties averaged $179,000, with Mid- and High-Rise Apartment properties at $280,000 and Garden Apartments at $118,000.

    30 August 2017 14:23
  • Jacksonville’s Rapid Growth

    A healthy employment climate, an inexpensive cost of living and mild weather are attracting jobs and new residents to Jacksonville, creating demand for apartments and bolstering rent growth.

    22 May 2017 14:30
  • NJ Senior Community Lands $8M Refi

    Magnolia Gardens Assisted Living was subject to a 35-year loan. Laura Saull-Smith arranged the financing for the 79-unit community located in Toms River, N.J.

    17 October 2017 14:16
  • 5 Trends in Multifamily Investing for 2018

    It’s time to predict upcoming trends in the rental market. If you’re an investor, there will be a few surprises and some changes you should be prepared for.

    13 October 2017 18:07
  • Top 5 NYC Multifamily Sales

    PropertyShark compiled the top 5 multifamily sales for July 2017 in New York City.

    30 August 2017 14:09
  • Changing the HVCRE Rules: What to Expect

    In a strict lending environment, the clarification of High Volatility Commercial Real Estate (HVCRE) regulation could help improve loan terms for investors and developers. However, the long-awaited changes, stipulated in a bill referred to the House Financial Services Committee, have little chance of being approved and implemented, Alston & Bird's Gregg Loubier told MHN.

    18 July 2017 18:29
  • LA Senior Communities Receive $19M Mortgage Financing

    The funding, obtained through the company's bond purchase program, will be used for the acquisition, rehabilitation and permanent financing of three affordable developments.

    17 August 2017 16:24