Phoenix
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
Historic Phoenix Church Set for New Purpose
Former Phoenix Governor Terry Goddard wants to bring the historic First Baptist Church in downtown Phoenix back to life. The… Read more
Smith & Henzy Buy Boynton Beach Senior Housing
Smith & Henzy Affordable Group acquired a Boynton Beach senior housing community for $53 million. An affiliate of Related Group… Read more
Hines Enters BTR Market With Pineville Acquisition
Hines U.S. Property Partners (“HUSPP” or the “Fund”), the firm’s U.S. core-plus fund, has acquired Blu South, a build-to-rent (BTR)… Read more
We’re Looking for More of 2024’s Rising CRE Stars
Response to our call for nominations in Connect CRE’s eighth annual Next Generation Awards has been positive. However, we look… Read more
HUD Awards $17M in Grants for Chicago Apartment Energy Upgrades
The U.S. Department of Housing and Urban Development (HUD) announced $173.8 million in new grant and loan awards under its… Read more
Blackstone Sells Renton Hotel for $18M
A Hilton Garden Inn hotel was sold by a Blackstone Real Estate affiliated entity for $17.7 million. The buyer was… Read more
Former Chicago YMCA Redeveloped Into Lawson House Apartments
Holsten Development was joined by Chicago Mayor Brandon Johnson and city officials to celebrate the grand opening of an affordable… Read more
Blueprint Brokers Sale of Senior Housing Portfolio in Chicago Suburbs
Blueprint Healthcare Real Estate Advisors has negotiated the sale of three value-add senior housing communities in the western suburbs of… Read more
Streeterville Apartment Tower, Mixed-Use Development Opens
The Saint Grand, a co-development and joint venture between Mavrek Development, Double Eagle Development, Luxury Living, and GW Properties, began… Read more
Luxury Minneapolis Apartment Tower Welcomes Residents
A new luxury apartment tower in Minneapolis’ Downtown East neighborhood has opened. The 4th and Park Apartments, a 350-unit, mixed-use,… Read more
City Ventures to Break Ground on Townhome Redevelopment in Artesia
City Ventures, a builder of eco-forward, solar, all-electric homes, will break ground Wednesday on Eginhouse, a new live/work townhome redevelopment project… Read more
Barings Provides $78M Refi on Mission Valley Apartments
Barings said Tuesday that it had provided a $78-million loan to refinance The Townsend, a recently delivered, LEED Gold multifamily… Read more
Historic Boston Hotel Site Redevelopment Returns to Plan A
In a strategic move, developers Jas Bhogal and Thomas Calus have reapplied to the Boston Planning and Development Agency to… Read more
The Hampton Inn & Suites National Harbor Sold for $47M
The Hampton Inn & Suites National Harbor/Alexandria Area has been sold to Ashburn-based SAK Developers for $47 million. The hotel,… Read more