Dallas
Plan Commission Chair Steps Down After Seven Years
At what turned out to be Martin Cabrera Jr.’s final meeting as chair, the Chicago Plan Commission recently approved three… Read more
Cortland Partners to Acquire Pure Multi-Family for $1.2B
Pure Multi-Family REIT LP, a Vancouver-based apartment owner whose portfolio is entirely in two Sunbelt states, has agreed to be… Read more
Rent Regs Will Pinch MF Pricing, But Not Across the Board
The recent enactment of reforms to New York State’s rent-control regulations will affect not only multifamily sales volume but also… Read more
Value-Add Apartments Trade in Lincoln Park
Essex Realty Group has closed on the sale of 2156 W. Potomac Ave., a six-unit multifamily property in Wicker Park. The property… Read more
Bogota Rental Project Lands $60M Construction Loan
Cushman & Wakefield’s Equity, Debt & Structured Finance (EDSF) team advised on a $60-million construction loan for Phase I of a 13-acre, multifamily… Read more
Cohen Financial Originates Bridge Loan on Grand Rapids Multifamily
Cohen Financial’s Cathy Bronkema has arranged an $11-million short-term bank loan with SunTrust for the acquisition of Cottonwood Forest Apartments in… Read more
Construction Set to Launch at Former Spofford Center Site
A development team of Gilbane Development Company, The Hudson Companies and MHANY Management Inc. will begin construction in the coming… Read more
1M-SF American Airlines World Headquarters Up for Sale
Transwestern has been tapped to represent American Airlines Inc. in the sale of Campus Center at Dallas-Fort Worth International Airport.… Read more
DFW Office Q2 2019: A Tale of Two Absorptions
According to DFW metrics released by various commercial real estate companies, Q2 2019 had positive job numbers, leading to positive… Read more
Kass, Xfinity Partner on Launch of Smart Apartments Platform
Comcast unit Xfinity Communities and Chicago-based Kass Management Services have partnered on what’s reportedly the nation’s first commercial deployment of Xfinity Communities’… Read more
Seller Ends 15-Year Hold on 341,000+ Square-Foot 2700 Greens Rd.
Aero Greensmor LP ended a 15-year old on a 341,252-square-foot industrial portfolio at 2700 Greens Rd. on the Houston metro’s… Read more
Berkshire Residential Sells 12-Property Southeast MF Portfolio
Berkshire Residential Investments sold a 12-property multifamily portfolio totaling 3,904 units in six major U.S. metros. The sales price was… Read more
Exact Capital Partners with Bronx Shepherds on Affordable Rehabs
Exact Capital has renovated and preserved 333 affordable residential rental units and four retail spaces in 19 buildings located throughout… Read more
Mill Creek Launches Leasing at Luxury Mineola Apartments
Mill Creek Residential has launched leasing at Modera Metro Mineola, its new luxury apartment community located in downtown Mineola, NY, a short… Read more
SKW, Bain Capital Partner on Distressed-Debt Fund
New York-based SKW Funding and Bain Capital Credit formed a joint venture to acquire $500 million in sub-and non-performing notes.… Read more
Jeff Bradley Joins Bellwether’s Affordable Housing Group
Jeff Bradley joined Bellwether Enterprise Real Estate Capital LLC’s Affordable Housing Group in the Dallas office. As Senior Vice President… Read more
New Rent Regs Put the Chill on Investment Sales
Although it’s arguably too soon to gauge the direct effect of the new rent regulations signed into law by Gov.… Read more
East Harlem MXU Closes on $223M in Financing
L+M Development Partners, Jonathan Rose Companies and Acacia Network closed on $223 million in financing for phase one of Sendero… Read more
Essex Realty’s Brian Mond Completes South Shore Deal
Essex Realty Group’s Brian Mond brokered the sale of a 25-unit apartment building in the South Side’s South Shore neighborhood.… Read more