Arizona
Miramar Scores Affordable Sr. Housing Development
Pinnacle has started work on its affordable housing development, Pinnacle at La Cabaña, in Miramar. The $41.2 million development will provide affordable… Read more
Nashville Developer Secures $232M Loan for 60-Story Tower
Nashville-based development company Giarratana announced Wednesday it has secured a $232.3 million construction loan for its future 750-foot-tall tower 1010.… Read more
Cal State Long Beach Breaks Ground on $115M Residence Hall
California State University, Long Beach (CSULB) hosted a groundbreaking ceremony for La Playa Residence Hall, a $115-million, 108,000-square-foot student housing… Read more
Wells Fargo Finances San Diego-Area Seniors Project
Wells Fargo’s Community Lending and Investment (CLI) group provided a total of $57.9 million in financing to Wakeland Housing &… Read more
Lawmakers Aim to Clarify California’s “Builder’s Remedy” Housing Law
Technically it’s been on the books for the past three decades, but California’s “builder’s remedy” housing law has yet to… Read more
KeyBank Secures $55M for NJ Affordable MF Property
KeyBank has secured $54.9 million in financing for Hudson Valley Property Group to refinance Grandview Terrace Apartments, a 283-unit affordable… Read more
M&T RCC Closes $415M Freddie Mac Loan for BK MF Complex
M&T Realty Capital Corporation has closed a $414.83 million Freddie Mac conventional loan for Brooklyn Crossing, a multifamily housing complex… Read more
Kriss Capital Provides $185M Loan for Midtown Condo
JLL Capital Markets has secured $185 million in financing for the Monogram, a luxury condominium development comprising 191 units located… Read more
Cushman & Wakefield Arranges $25M Quincy MF Building Sale
Cushman & Wakefield has facilitated the sale of Hillside Residences, a 60-unit luxury Class A multifamily building at 23 Bridge… Read more
Scottsdale Shopping Center Land to be Auctioned Off
The land underneath the Scottsdale 101 Shopping Center is not owned by the center owner or any of the 55… Read more
Hilton Buys Sydell Majority Stake to Expand NoMad Brand
Hilton has acquired a majority stake in Sydell Group to expand the NoMad Hotels brand globally. Sydell will handle design… Read more
NMHC 50 Market Share Holds Steady in Challenging Year
Despite significant challenges in 2023, including tightening monetary policy, the U.S. apartment market is showing signs of resilience as demand… Read more
Historic Phoenix Church Set for New Purpose
Former Phoenix Governor Terry Goddard wants to bring the historic First Baptist Church in downtown Phoenix back to life. The… Read more
Smith & Henzy Buy Boynton Beach Senior Housing
Smith & Henzy Affordable Group acquired a Boynton Beach senior housing community for $53 million. An affiliate of Related Group… Read more
Hines Enters BTR Market With Pineville Acquisition
Hines U.S. Property Partners (“HUSPP” or the “Fund”), the firm’s U.S. core-plus fund, has acquired Blu South, a build-to-rent (BTR)… Read more
We’re Looking for More of 2024’s Rising CRE Stars
Response to our call for nominations in Connect CRE’s eighth annual Next Generation Awards has been positive. However, we look… Read more
HUD Awards $17M in Grants for Chicago Apartment Energy Upgrades
The U.S. Department of Housing and Urban Development (HUD) announced $173.8 million in new grant and loan awards under its… Read more
Blackstone Sells Renton Hotel for $18M
A Hilton Garden Inn hotel was sold by a Blackstone Real Estate affiliated entity for $17.7 million. The buyer was… Read more
Former Chicago YMCA Redeveloped Into Lawson House Apartments
Holsten Development was joined by Chicago Mayor Brandon Johnson and city officials to celebrate the grand opening of an affordable… Read more