Phoenix
W&D Finances Over $135M for Six Rhode Island Properties
Walker & Dunlop, Inc. arranged $135.3 million in HUD loans for six Rhode Island multifamily properties between October 2023 and… Read more
Crescent Heights Eyeing 280-Unit Miami Condo
Crescent Heights is proposing to build a 26-story, 280-unit condo tower in the Miami Arts & Entertainment District. Short-term rentals… Read more
Jay Denton on Phoenix Job Creation, Salary Growth, Multifamily Performance, Absorption Rates, and More
Jay Denton is the Chief Economist at Radix, where he analyzes market conditions, forecasts housing and economic trends, and provides… Read more
Chicago Apartments Part of $10B Blackstone, AIR Communities Deal
Blackstone will acquire Apartment Income REIT Corp., known as AIR Communities, in an all-cash transaction valued at approximately $10 billion,… Read more
Chicago to Fund Four Downtown Office-to-Apartment Conversion Projects
Chicago Mayor Brandon Johnson has announced plans for four adaptive reuse projects along the LaSalle Street Corridor, aimed to repurpose… Read more
Timberlane Closes Fund with $100M in Equity Commitments
Seattle-based Timberlane Partners has closed its multifamily real estate investment fund, Timberlane Acquisition Fund (TAF), with equity commitments surpassing $100… Read more
Continental Properties Closes $105M Real Estate Fund
Continental Properties Company, Inc., a Wisconsin-based developer and operator of rental communities, retail, and hospitality properties, announced the closing of… Read more
Ascendant, Culver Land Houston Apartment Trio
Ascendant Capital Partners and Culver Investment Partners (CIP) acquired the Elle Collection multifamily portfolio in the Texas Medical Center area… Read more
SCALE Issues $150M Loan to Bronx Resi Project
SCALE Lending, Slate Property Group’s lending arm, has provided a $150 million construction loan for Beitel Group’s 450-unit multifamily project… Read more
Marcus & Millichap Brokers $5M Sale of Dorchester MF Property
Marcus & Millichap announced the sale of a 20-unit multifamily property in Dorchester, MA, for $5.29 million. The four-story property… Read more
TSMC Ups Phoenix Plant Investment to $65B
It’s being called the largest direct foreign investment in a completely new project in U.S. history. That’s what the US… Read more
Naftali, JP Morgan Provide Refi for Nashville Highrise
Naftali Credit Partners and J.P. Morgan provided a short-term bridge loan of $120 million to Tidal Real Estate Partners. The… Read more
It’s Time to Nominate CRE’s Rising Stars for 2024
The deadline is drawing near for nominations in Connect CRE’s eighth annual Next Generation Awards. Although response has been positive,… Read more
Blackstone Taking Apartment Income REIT Private for $10B
Blackstone and Apartment Income REIT Corp. (AIR Communities) said Monday that Blackstone Real Estate Partners X will acquire all outstanding… Read more
Local Buyer Snaps Up Anaheim Apartments
CBRE closed the sale of a seven-unit multifamily property in Anaheim to a private investor for $2,525,000. The selling price represents… Read more
Essex Brokers Sale of Five South Side Apartment Buildings
Essex Realty Group, Inc., has negotiated the sales of five apartment buildings in two separate transactions. One sale was a… Read more
CA Assembly Bill Advances with New Regs on Security Deposits
The California Assembly Judiciary Committee approved a bill proposing new regulations on how landlords manage security deposits, while also aiming… Read more
Avison Young Sells Four Manhattan Buildings for $60M
Avison Young has facilitated the sale of four Manhattan buildings on behalf of Page Management to Derby Copeland Capital for… Read more
Coyotes Release Plans for Proposed Entertainment Complex
Last week ConnectCRE reported on the Arizona Coyotes interest in prevailing in a public auction for a parcel in North… Read more