Key Biscayne
EDEN/Cypress Equity Receives $73M for Tamarac Property
EDEN Multifamily and joint venture partner Cypress Equity Investments sold the Eden West apartment community in Tamarac for $73 million. The venture… Read more
W. Palm Beach OK’s Shipping Container Housing Project
Discarded shipping containers are being used for more than makeshift border walls. West Palm Beach approved an affordable housing project… Read more
PGIM Secures $75M Refi for Miami Rental Community
PGIM Real Estate has provided a $75 million, fixed-rated refinancing loan for a 338-unit, Class A, mid-rise apartment 10 miles… Read more
Palm Beach Shores Apartments/Marina Sell for $58M
The housing units built in 2008 were originally to be fee simple condos. However, the recession forced the owners to… Read more
Apartments Going Up at Pompano Beach Casino Site
Cordish Cos. and Atlantic Residential are teaming up to build the first phase of apartments at Live! at the Pomp.… Read more
Lendlease to Build SOUTHCOM Army Housing Project
If you talk to a vet, they rarely speak glowingly about the accommodations they must endure during their term of… Read more
Friedlam Lands Two More Charlotte Rental Properties
European Investment Management Corp sold the two communities for $34 million. The 172-unit Jade Charlotte and the 120-unit Slate Charlotte… Read more
RISE Building 5th Jacksonville Project
The only thing holding RISE back when it comes to building more Jacksonville apartment projects is the slowdown in institutional… Read more
Boca Raton’s BRIC Campus Slated for Major Mixed-Use Project
The Boca Raton City Council has approved a project that would include apartment units, retail, medical offices and a hotel… Read more
Raleigh-Area BTR Project Bought Before Completion
An under-construction 172-unit Raleigh-area build-to-rent community has been bought by joint venture partners Barings and Foulger Pratt. The partners purchased… Read more
IPA Secures Buyer, Seller and Financing for Melbourne Apartment Deal
Institutional Property Advisors (IPA) secured both the sale and acquisition financing of Caribbean Isle Apartments, a 376-unit multifamily property in Melbourne,… Read more
Walker & Dunlop Expands Affordable Platform with New Hire
Walker & Dunlop is expanding its affordable housing platform by hiring Warren Horvath as a managing director. Horvath, a 20-year… Read more
Apartment Rents Decline for Fifth Consecutive Month
The housing market balance continues to tip in favor of renters with rents declining annually for the fifth consecutive month… Read more
TA Realty Pays $105M for Cary Apartments
TA Realty has laid out $105 million for a Cary apartment complex. The company spent $329,000 a unit for Novel… Read more
Dominion Gearing Up for 270-Unit Charlotte Apartment Project
Dominion Realty Partners is ready to get moving on the Perimeter Pointe Apartments, a 270-unit project in Charlotte. The developer… Read more
NMHC: Apartment Sales Continue Pulling Back
Apartment market conditions continued to weaken in the National Multifamily Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions for… Read more
Charlotte City Council OKs Three Rental Communities
Homebuilder NVR Inc. recently received zoning from the Charlotte City Council for 319 for-sale homes and 330 multifamily rental units.… Read more
Capital One Provides $36M for VA Affordable Housing
Capital One has provided a $36 million Freddie Mac loan to support Spira Equity Partners’ acquisition of Lafayette Apartments, a… Read more
TruAmerica Ventures into Spartanburg BFR Market
TruAmerica Multifamily acquired a 33-acre site in the Spartanburg, SC market and announced plans to develop Hartley View, an $86-million… Read more