Arizona
JLL Arranges $80.5M Refi for Multifamily in Eugene
JLL arranged the $80.5 million refinancing of Chase Village, a 536-unit, garden-style multi-housing community located at 375 Marche Chase Drive… Read more
Nordstrom to Open More than 20 New Rack Stores in 2024
Nordstrom plans to open 22 new Rack stores this year, focusing on solely growing its discount Rack department stores as… Read more
TruAmerica Multifamily Names New IR Director
Los Angeles-based TruAmerica Multifamily said Monday that Alexis Sofyanos joined the firm as director, investor relations. Based in Chicago, Sofyanos… Read more
OC Apartment Vacancies Remain Among Nation’s Lowest Despite Uptick
Apartment vacancies in Orange County rose 10 basis points toward the end of the fourth quarter of 2023, Northmarq reported.… Read more
Yuba City Sale Shows Strength of Local Market
Marcus & Millichap finalized the sale of White Front Apartments, a 12-unit apartment property located in Yuba City. The sale price was $1,440,000. “The… Read more
SF Office-to-Resi Project Faces Foreclosure Proceedings
The first project approved in San Francisco to convert vacant commercial space into housing in the wake of the pandemic has hit… Read more
199-Unit Rental Community Breaks Ground in NJ
Woodmont Properties and Canoe Brook Development have initiated construction on Wood Brook at Randolph, a rental community in Randolph, New… Read more
8K-SF Craft Food Halls to Open in Allston
Craft Food Halls is expanding its footprint in the Boston area with the upcoming opening of its 10th location at… Read more
FAA OKs Dallas Highrise Construction Plans
UDR passed muster with the Federal Aviation Administration over its highrise application in Dallas near Turtle Creek. The agency said… Read more
Hutto Office Developer Provides Project Update
The Hutto Co-Op recently developer unveiled a final rendering of the four-story office and retail building planned for the city’s downtown… Read more
Rental Community Breaks Ground in Downtown LV
Southern Land Co. has been busy in Las Vegas. Its latest offering, 3rd Street Assemblage, will bring its Las Vegas… Read more
Arizona Fund Targeting Distressed Properties
A new fund will allow investors in Arizona and outside the state to invest in a fund targeted at Arizona… Read more
Extended-Stay Hotel Slated for Newnan
One can often find extended-stay hotels near hospitals to accommodate visiting family members and staff. Choice Hotels International has opened… Read more
Industry Coalition Flags Biden’s Proposed Rental Regulations
Ten associations representing America’s housing providers, lenders and residents signed a letter to the White House urging caution over a… Read more
NYC Launches Workforce Housing Fund
Mayor Eric Adams, along with the Building and Construction Trades Council of Greater New York and Vicinity (BCTC) President Gary… Read more
Essex Closes Sale of Newly Built Property in Old Irving Park
Chicago-based multifamily brokerage firm Essex Realty Group, Inc., closed the sale of a new construction building at 3941 N. Keeler… Read more
Vacant Lawndale Multifamily Trades to Local Owner
Interra Realty brokered the $1.3-million sale of a 13-unit apartment building at 1858 S. Springfield Ave. in the Lawndale neighborhood… Read more
Seattle Mayor Proposes Plan to Increase Housing Density
Seattle Mayor Bruce Harrell has released a draft of a new plan to allow new types of housing across the… Read more
Kidder Mathews Sells Spokane Valley Apartment Complex
Max Frame of the Simon and Anderson team, a multifamily investment team at Kidder Mathews, represented the seller in the… Read more