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  • Strategic Management in Downtown Detroit

    After more than 20 years, Broder & Sachse ended most of its third-party property management contracts to concentrate mostly on property development. CEO Rich Broder discusses company’s strategy and the state of multifamily in the Detroit area.

    28 June 2017 19:26
  • RealtyShares Closes $12M Loan for Seattle Student Housing

    The 10-property portfolio is located near the University of Washington, in one of the fastest growing housing markets in the U.S. The acquisition marks the company’s largest commercial real estate debt transaction to date.

    21 June 2017 18:29
  • $72M DC-Area Senior Housing Community Underway

    The 210-unit facility will include assisted living, special needs and memory care units. The new development project will be completed by January 2018 and will create 48 full-time staff positions.

    09 May 2017 13:39
  • Economy Watch: Closings Loom for Fashion Retailer

    More than 250 stores will close by 2019 and another 400 closings could follow unless landlords grant rent relief, says the owner of such fashion brands as Ann Taylor, Dressbarn and Maurices.

    13 June 2017 15:17
  • Abbey Residential Snags Houston-Area Community

    Berkadia arranged the sale on behalf of the seller, Mill Creek Residential. The 396-unit Modera Spring Town Center comprises 21 two- and three-story buildings.

    05 July 2017 15:49
  • Rapid Growth in Raleigh-Durham

    The metro continues to appeal to investors who are being priced out or struggling to find high acquisition yields in major markets. The combination of job and population growth has generated a strong demand for apartments, with average rents reaching $1,075.

    29 May 2017 06:49
  • Steele Acquires AL Affordable Apartments for $23M

    The company plans to renovate the 200-unit Summit Ridge Apartments in Birmingham, giving the community new roofs, exterior doors, siding repairs and attic insulation for increased energy efficiency.

    05 July 2017 15:36
  • JV Wraps $100M Baltimore Development

    Bozzuto Group, War Horse Cities, and Solstice Partners have completed work on Anthem House, a 292-unit community in the Locust Point district.

    28 August 2017 08:33
  • BRIDGE Housing Breaks Ground on $1B Revitalization

    The firm and Los Angeles' Housing Authority started work on a community that will transform the Jordan Downs housing project in Los Angeles. Phase I will add 115 affordable units.

    08 June 2017 14:31