Arizona
KORE Obtains Refi for Pensacola Apartments
Kore completed the Palmilla Apartments in Pensacola last year, and has obtained a $49.5 million Fannie Mae Loan. Walker &… Read more
$83M Li’l Abner III Going Up in Sweetwater
CREI Holding is developing an eight-story affordable housing development in Sweetwater. The Li’l Abner III will have 328 units and… Read more
Student Housing Preleasing Up 450 BPs Y-O-Y
The average student housing preleasing rate for Yardi 200 schools reached 61.5% in February, a 450-basis-point increase year-over-year, according to… Read more
CIM Trades DC-Area Apartments for $225M
CIM Group said Friday it had sold Mason at Van Dorn, a 1,180-unit apartment community in Alexandria, VA. The Washington… Read more
Kennedy Wilson Lends $95M on Santa Clarita Apartment/BTR Project
Kennedy Wilson’s debt platform provided a $95-million senior construction loan to a joint venture between Greystar Real Estate Partners and… Read more
Behring Brings “Live-Work-Play-Go” Model to Uptown Oakland
Developer Behring Companies has commenced leasing for 1900 Broadway, a mixed-use residential tower in Uptown Oakland. The company said 1900 Broadway’s fully integrated “Live-Work-Play-Go”… Read more
Berkadia Secures $81M in Funding for Denver Multifamily Venture
Berkadia announced today that it has arranged $81.23 million in joint venture equity for Alexan Pena Station, a to-be-built, 578-unit… Read more
MBA Blasts Plan to Impose Rent Control on LIHTC Properties
Ahead of new regulations expected to be announced on Monday, the Mortgage Bankers Association (MBA) on Friday stated its opposition… Read more
Kohler Lands Clean Energy Grant at $300M Casa Grande Plant
Kohler Co. has secured a $51.2 million federal grant designed to limit its carbon footprint at its Casa Grande manufacturing site. With… Read more
Sam Chang Sells LIC Hotel for $40M
Sam Chang, known for his budget hotel developments, has sold a 142-key hotel at 38-04 11th Street in Long Island… Read more
Hell’s Kitchen Mixed-Use Development Lands $119M in Financing
The Hudson Companies and Housing Works, with partners HPD and the Metropolitan Transportation Authority (MTA), have secured $119 million in… Read more
Musk Projects Spark Bastrop County Airport/Mega-Development
If Elon Musk decides to build a project near your town, it’s safe to say it will attract attention. Now… Read more
Property Markets Group to Redevelop Tampa Housing Project
Property Markets Group is looking to change the zoning at Robles Park Village, one of Tampa’s oldest affordable housing projects,… Read more
Florida Investor Converting Hotel to Apartments
A national investor is asking Orange County for a rezoning, hoping to convert an extended-stay hotel across from the Florida… Read more
TruAmerica Picks Up $50M Asheville Asset
TruAmerica Multifamily acquired Westmont Commons, a 252-unit multifamily community in Asheville, NC. The asset was purchased off-market for $49,875,000 in… Read more
JLL Closes $140M in Financings from Amazon Housing Equity Fund
JLL Capital Markets and JLL Public Institutions have executed $139.64 million in financings from the Amazon Housing Equity Fund over… Read more
Berkadia Negotiates 334-Unit MF Sale in St. Louis
Berkadia closed the sale of Crossing at Northpointe, a 334-unit garden-style multifamily property in St. Louis, Missouri. Managing Directors Andrea… Read more
Mixed-Income Housing Project Headed for High-End Austin Neighborhood
Austin Developer Manifold Real Estate is asking the City Council to approve a half-market rate, half-mixed-income apartment complex in a… Read more
Revived Residential Launches Commercial Division
Louis Belisario and Joe Cruz have launched Revived Commercial, led by Elysa Berlin, focusing on elite client service and innovation… Read more