Arizona
Article: It IS Possible to Find Financing for Apartments
The multifamily sector performed well through 2023 despite slowing rent growth and a slight decline in occupancy. But like other… Read more
240-Unit BTR Community Opens in Prescott Valley
The Flats at Jasper, a new private gated home rental community, is accepting renters in Prescott Valley. The 26-acre gated… Read more
Amkor Moving Ahead on $2B Peoria Plant
The new Peoria Amkor semiconductor packaging and testing plant will feature 500,000 square feet of clean room space and will… Read more
Kidder Mathews Sells Airway Heights Apartment Complex for $3.6M
Kidder Mathews represented the seller in the sale of The Autumn Leaf Furnished Apartments in Airway Heights, Washington. Max Frame… Read more
SMI Property Management Merges with JPM Real Estate Services
Portland-based JPM Real Estate Services has joined Willamette Valley-based SMI Property Management in a friendly merger. The merger means that SMI… Read more
BWE Secures $18.5M in Financing for St. Louis Workforce Housing
BWE, a national commercial and multifamily mortgage banking company, has secured permanent financing for three workforce housing communities in St.… Read more
San Pedro Office-to-Resi Conversion Secures Bridge Loan
BH3 Management and F2 Capital have provided a $17.5-million bridge loan for Forbix and Urban Stearns’ conversion of Topaz Tower, a 12-story, 294,000… Read more
Northmarq Closes $34M Sale of Buena Park Multifamily
Northmarq’s Shane Shafer arranged the $34,375,000 sale of Cypress Village Apartments in Buena Park. Shafer represented the seller, Priya Living, in the sale, which… Read more
BFC Launches Staten Island Affordable Housing Lottery
BFC Partners has announced the housing lottery launch for 475 Bay Street, an affordable housing project on Staten Island. The… Read more
ApartmentBuildings.com Partners with SharpLaunch, Buildout
ApartmentBuildings.com, a multifamily-specific listing site in the U.S., has forged a collaboration with SharpLaunch, a leading commercial real estate marketing… Read more
TerraCap Sells Revamped Phoenix Business Park for $38M
TerraCap sold the Koll Cotton Center, a seven-building, multi-tenant light industrial project totaling 228,605 square feet in Phoenix’s Sky Harbor… Read more
Littleton Adding Costco, Apartments
A development group is looking to build a 159,000-square-foot Costco Wholesale store and a residential project in Littleton, CO. The… Read more
Northwind Provides $111M Mortgage for Houston Condos
Northwind Group provided a $111 million first mortgage condo inventory loan collateralized by The Hawthorne, a high-end 17-story residential condominium tower totaling 67… Read more
KDC Cuts Dunwoody Office Plans, Adds Hotel, Rental Units
Since Covid, mixed-use developers have been forced to reconsider their formula regarding how much office space is needed. The universal… Read more
S. Florida Group Adding Hotel to Condo Project
The developer of an Aventura tower is hoping to change the mix of units to offer for its Miami-area venture.… Read more
Greystone Secures $419M Refi for Miami Tower
Greystone Commercial Capital (GCC) has closed a $419 million transaction to refinance Panorama Tower, located on Brickell Bay Drive in Miami, Florida.… Read more
Essex Facilitates Two Chicago Multifamily Transactions
Chicago-based multifamily brokerage firm Essex Realty Group, Inc. recently facilitated the sale of two properties in Chicago’s Greater Grand Crossing… Read more
Harbor Custom Development Plans to Liquidate
Harbor Custom Development, Inc., a Tacoma-based commercial real estate developer, announced its plan to continue to wind down operations and… Read more
1985-Vintage Apartments Change Hands for the First Time
CBRE finalized the sale of 2203 E. Bermuda St., an eight-unit multifamily property in Long Beach, for $2.7 million to a private… Read more