Phoenix
Värde Partners, David Weekley Homes Form Land Banking JV
Värde Partners, a Minneapolis-based global alternative investment firm specializing in credit and credit-related assets, and David Weekley Homes, one of… Read more
Interra Brokers Sale of Trio of Buildings in River Grove
Interra Realty brokered the sale of three multifamily properties all near each other in River Grove, Illinois, a near western… Read more
New Owner of La Fayette Park Apartments Eyes Workforce Housing
(Updated with additional information) Colliers arranged the $43,440,000 sale of a three-story, 120-unit apartment community in the historic Los Angeles… Read more
CareTrust REIT Acquires CCRCs in San Diego, LA and OC
San Clemente-based CareTrust REIT, Inc. has purchased three continuing care retirement communities (CCRCs) located in Los Angeles, Orange, and San… Read more
Early Look at 300K SF Gilbert Retail Development
A mixed-use project featuring some of the country’s more prominent retailers is progressing through the Gilbert planning process. It has… Read more
Greenpoint 22-Story Tower Brings 374 Affordable Apartments
Greenpoint Landing Associates, an affiliate of Park Tower Group, celebrated the opening of 35 Commercial Street, a 22-story brick tower… Read more
Gen Z Will Spend $145,000 on Rent by Age 30
The upper edge of the Gen Z age cohort (those born between 1997 and 2012) has entered adulthood and the… Read more
The Laura Debuts at East River
Midway’s East River has opened The Laura, a five-story multifamily community of 359 apartment homes, and welcomed its first residents. The Laura… Read more
Miramar Scores Affordable Sr. Housing Development
Pinnacle has started work on its affordable housing development, Pinnacle at La Cabaña, in Miramar. The $41.2 million development will provide affordable… Read more
Nashville Developer Secures $232M Loan for 60-Story Tower
Nashville-based development company Giarratana announced Wednesday it has secured a $232.3 million construction loan for its future 750-foot-tall tower 1010.… Read more
Cal State Long Beach Breaks Ground on $115M Residence Hall
California State University, Long Beach (CSULB) hosted a groundbreaking ceremony for La Playa Residence Hall, a $115-million, 108,000-square-foot student housing… Read more
Wells Fargo Finances San Diego-Area Seniors Project
Wells Fargo’s Community Lending and Investment (CLI) group provided a total of $57.9 million in financing to Wakeland Housing &… Read more
Lawmakers Aim to Clarify California’s “Builder’s Remedy” Housing Law
Technically it’s been on the books for the past three decades, but California’s “builder’s remedy” housing law has yet to… Read more
KeyBank Secures $55M for NJ Affordable MF Property
KeyBank has secured $54.9 million in financing for Hudson Valley Property Group to refinance Grandview Terrace Apartments, a 283-unit affordable… Read more
M&T RCC Closes $415M Freddie Mac Loan for BK MF Complex
M&T Realty Capital Corporation has closed a $414.83 million Freddie Mac conventional loan for Brooklyn Crossing, a multifamily housing complex… Read more
Kriss Capital Provides $185M Loan for Midtown Condo
JLL Capital Markets has secured $185 million in financing for the Monogram, a luxury condominium development comprising 191 units located… Read more
Cushman & Wakefield Arranges $25M Quincy MF Building Sale
Cushman & Wakefield has facilitated the sale of Hillside Residences, a 60-unit luxury Class A multifamily building at 23 Bridge… Read more
Hilton Buys Sydell Majority Stake to Expand NoMad Brand
Hilton has acquired a majority stake in Sydell Group to expand the NoMad Hotels brand globally. Sydell will handle design… Read more
NMHC 50 Market Share Holds Steady in Challenging Year
Despite significant challenges in 2023, including tightening monetary policy, the U.S. apartment market is showing signs of resilience as demand… Read more