Arizona
JV to Convert DC Office to Resi
Henderson Park, in collaboration with Lowe, has embarked on a project to convert the office building at 1250 Maryland Avenue… Read more
MDC Pays $24.3M for Sky Harbor-Area Warehouse
MDC Realty Advisors paid $24.3 million for a 144,907-square-foot industrial asset near Sky Harbor Airport. Commercial Edge reports tenant American… Read more
Developer Duo Announces Nashville Yards Twin-Tower Update
Southwest Value Partners and StreetLights Residential plan to open two multifamily side-by-side towers in November at Nashville Yards. Leasing will begin… Read more
Huntington Beach Redevelopment Site Slated for Residential
Newmark facilitated the sale of 1810 Pacific Coast Hwy., a one-acre redevelopment site in Huntington Beach. The property sold for… Read more
Santa Clara MXU Project Gears Up for Approvals Process
After several years of soliciting community input, Kylli’s 48.6-acre Mission Point mixed-use development in Santa Clara is approaching a major… Read more
Hines Fully Subscribes $77M DST Offering for Chicago Apartments
Hines, a global real estate investment, development and property manager, has completed another Delaware Statutory Trust (DST) with HREX Multifamily… Read more
How Property Management Can Drive Multifamily NOI
By Laura Khouri In times of economic uncertainty, many multifamily owners look to increase NOI through strategic operational analysis and… Read more
Meridian Arranges $68M Financing for Brooklyn MF Property
A multifamily property construction project in Brooklyn’s Gowanushas has secured $68 million in financing. The debt fund provided the financing,… Read more
Bronx MF Building Sold for $5M
A fully rent-stabilized building in the Bronx is sold for $5.1 million at a capitalization rate of 6.8% and a… Read more
Explaining the “Condominium Comeback”
There’s no doubt that the COVID-19 pandemic was a catastrophe, generating a high incidence of heartbreaking illnesses and death. The… Read more
Newsom Fast-Tracks $2B DTLA Mixed-Use Project
California Gov. Gavin Newsom said Thursday that he took action to accelerate Continuum Partners’ Fourth and Central, a $2-billion mixed-use… Read more
Edge Realty Adds Principal to Phoenix Office
Edge Realty Partners has promoted LeDonna Spongberg to Principal at the commercial real estate firm. Spongberg, who joined Edge’s Phoenix office… Read more
Mesquite/NRP Ease Affordable Housing Shortage
Mesquite says it’s short nearly 9,000 housing units. It cut into that number when it recently helped fund a 288-unit… Read more
Peoria Retail Center Construction Underway
The Pederson Group has secured the first tenants in what is expected to be a $100 million development. Called the… Read more
Empira Group Previews 35-Story Dallas Highrise
Empira Group released renderings for its 35-story high rise to be situated on the more-than-one-acre site on Pearl Street across… Read more
Pagani Lends Name to Miami Luxury Residences
First it was Porsche, then Mercedes and Bentley. Now Italian Hypercar brand Pagani is announcing it is putting its name… Read more
Clear Investment Group Acquires Columbus MF Portfolio
Clear Investment Group, a Chicago-based firm that focuses on acquiring, managing and redeveloping real assets in the distressed multifamily sector,… Read more
Essex Tapped to Market Vintage Courtyard in Edgewater
Essex Realty Group, Inc., has been exclusively engaged to market for sale 1723-1725 W. Thorndale Avenue, a 42-unit vintage courtyard… Read more
JLL Arranges Acquisition Loan for Culver City Multifamily
JLL Capital Markets secured acquisition financing for Cobalt Apartments, a 135-unit rental apartment property with 14,754 square feet of ground-floor retail… Read more