Arizona
MassHousing Provides Financing on Revere Mixed-Income Condos
MassHousing will provide $4.6 million in financing through the CommonWealth Builder Program to Broadway Capital Inc. to develop North Strand, a collection… Read more
Williamsburg Mixed-Use Duo Trades for $14M
Marcus & Millichap closed the sale of two historic buildings in Brooklyn’s Williamsburg neighborhood. The assets sold for $13,800,000. Michael Salvatico,… Read more
Capital Square Sells Richmond MF for 156% Return to Investors
Capital Square finalized the sale of Summit at Bon Air Apartments, a 296-unit multifamily community in the Richmond suburb of Bon… Read more
Venterra Adds to San Antonio Holdings
Venterra Realty has acquired Avasa at 1604, a blended rental community with 339 apartment units and 85 single-family rental homes at… Read more
Bill to Expand California Rent Control is a Nonstarter
The California Apartment Association (CAA) announced that a legislative proposal to broaden the scope of rent control in California has… Read more
Small-Building Pipeline Surges, Yet NYC Multifamily Development Lags
New York City saw 728 new building filings in the fourth quarter of 2023, a 48% increase over the historical… Read more
Creation Finds Rare Lot for Scottsdale Warehouse
Creation broke ground on Thunderbird Commerce Park, a $60 million industrial center set on a rare 18-acre parcel within Scottsdale… Read more
Harbor Group Picks Two Denver Rental Properties
Harbor Group International announced the $132.5 million acquisition of a recently built two-asset multifamily portfolio in Denver, Colorado. The portfolio comprises two Class… Read more
Newgard Building Fort Lauderdale Condos/Rentals
Newgard Development Group plans to develop Natiivo Fort Lauderdale, a 40-story, 384-unit resort condominium project in downtown Fort Lauderdale. Natiivo Fort… Read more
URS Buys Charlotte Property, Assumes Loan
Napali Capital sold Residences at Belmont, a 176-unit garden-style multifamily property located in Belmont, N.C., to URS Capital. URS Capital… Read more
Northmarq Secures $56M in Debt, Equity for BTR Property
Northmarq’s Minneapolis Debt & Equity team of Andy Finn, senior vice president and senior director, and Dan Trebil, executive vice… Read more
Boutique Apartments Near Wrigley Field Fetch $3M
Interra Realty brokered the $3.25 million sale of a 12-unit apartment building at 4016-18 N. Kenmore Avenue in Chicago’s Buena… Read more
$25M Permanent Loan Retires West LA Construction Debt
Gantry secured a $25.4-million permanent loan to retire construction financing for the recently completed SW by CLG in Los Angeles.… Read more
Northmarq Secures $82M Refi of Irvine Multifamily
Northmarq’s West Palm Beach debt + equity team of David Gahagan, Chris Hammel and Chandler Kaye secured the $82-million refinance of The Cartwright apartments in… Read more
Active Adult Condo Project Lands $51M Financing
JLL Capital Markets arranged $51.1 million in construction financing for 375 W El Pintado, a 50-unit, active adult luxury condo development in Danville. A… Read more
Transformative One Beverly Hills MXU Breaks Ground
The developers of One Beverly Hills held a ceremonial groundbreaking Thursday for the mixed-use project. With a final cost estimated… Read more
Movcap Acquires UWS Building for $5M
Lawrence Movtady’s Movcap investment company has acquired a six-story walk-up building on the Upper West Side for $5.25 million. Located… Read more
Ron Moelis Elected Chairman of NYC Housing Partnership
Ron Moelis, chairman and co-founder of L+M Development Partners LLC, has been elected Chairman of the Board of Directors of… Read more
Denver Duo Planning Office to Housing Conversion
Adaptive reuse is not a new concept to Denver investors. The city has been party to numerous conversions from one… Read more