Phoenix
CBRE Arranges Sale of Build-to-Rent Property in Northwest Minneapolis
CBRE arranged the sale of Avery Park, a 124-unit build-to-rent (BTR) multifamily project located in Maple Grove, Minnesota, consisting of… Read more
Milwaukee Affordable Property Gets $45M From CIBC
CIBC has made a $45.5 million commitment through equity investment and construction lending to support the Thrive on King project,… Read more
Crescent Looking to Add to Dallas Holdings
Crescent Real Estate is looking to expand its Oak Lawn presence. The company has proposed building a 30-story apartment… Read more
N. Scottsdale Rental Community Flips for $96M
IMT Capital has acquired The Hadley North Scottsdale, a 240-unit community in Scottsdale, for $96 million from a private owner.… Read more
High Street Delivers, Begins Work on Humble Rental Projects
High Street Residential is set to open Residences at Kingwood in Humble, Texas. The 289-unit community is the result of… Read more
Aldon Management Sells Bethesda Apt Buildings for $86M
Bethesda, Maryland, saw the sale of two historic apartment buildings by developer Aldon Management to Corner Lot Advisors for $85.6… Read more
Shoreham Lands $157M to Buy VA 1,200-Unit MF
Shoreham Capital, in collaboration with Bridge Investment Group, has acquired the Mason at Van Dorn, a 1,180-unit multifamily community located… Read more
KORE Obtains Refi for Pensacola Apartments
Kore completed the Palmilla Apartments in Pensacola last year, and has obtained a $49.5 million Fannie Mae Loan. Walker &… Read more
$83M Li’l Abner III Going Up in Sweetwater
CREI Holding is developing an eight-story affordable housing development in Sweetwater. The Li’l Abner III will have 328 units and… Read more
Student Housing Preleasing Up 450 BPs Y-O-Y
The average student housing preleasing rate for Yardi 200 schools reached 61.5% in February, a 450-basis-point increase year-over-year, according to… Read more
CIM Trades DC-Area Apartments for $225M
CIM Group said Friday it had sold Mason at Van Dorn, a 1,180-unit apartment community in Alexandria, VA. The Washington… Read more
Kennedy Wilson Lends $95M on Santa Clarita Apartment/BTR Project
Kennedy Wilson’s debt platform provided a $95-million senior construction loan to a joint venture between Greystar Real Estate Partners and… Read more
Behring Brings “Live-Work-Play-Go” Model to Uptown Oakland
Developer Behring Companies has commenced leasing for 1900 Broadway, a mixed-use residential tower in Uptown Oakland. The company said 1900 Broadway’s fully integrated “Live-Work-Play-Go”… Read more
Berkadia Secures $81M in Funding for Denver Multifamily Venture
Berkadia announced today that it has arranged $81.23 million in joint venture equity for Alexan Pena Station, a to-be-built, 578-unit… Read more
MBA Blasts Plan to Impose Rent Control on LIHTC Properties
Ahead of new regulations expected to be announced on Monday, the Mortgage Bankers Association (MBA) on Friday stated its opposition… Read more
Sam Chang Sells LIC Hotel for $40M
Sam Chang, known for his budget hotel developments, has sold a 142-key hotel at 38-04 11th Street in Long Island… Read more
Hell’s Kitchen Mixed-Use Development Lands $119M in Financing
The Hudson Companies and Housing Works, with partners HPD and the Metropolitan Transportation Authority (MTA), have secured $119 million in… Read more
Musk Projects Spark Bastrop County Airport/Mega-Development
If Elon Musk decides to build a project near your town, it’s safe to say it will attract attention. Now… Read more
Property Markets Group to Redevelop Tampa Housing Project
Property Markets Group is looking to change the zoning at Robles Park Village, one of Tampa’s oldest affordable housing projects,… Read more