Phoenix
CIM Trades DTLA Tower to FPA Multifamily
CIM Group and FPA Multifamily confirmed published reports that they were the seller and buyer, respectively, in the sale of… Read more
JLL Adds Managing Director with Focus on Hospitality Sales
JLL’s Hotels & Hospitality group has added James Escarzega as a managing director in its San Francisco office. Escarzega will collaborate with… Read more
REBNY: NYC Housing Production Remains Low
Despite a slight increase in foundation application filings to 34 projects, containing 903 proposed dwelling units, the numbers remain significantly… Read more
BK 187-Unit Mixed-Income Lands $121M Financing
BEB Capital, Totem, Ofer Cohen, and SK Development have secured $121 million in financing for the development of a 14-story,… Read more
Apartment Rents Rise Nationally for First Time in Seven Months
Asking rents for apartments posted their first nationwide increase in more than seven months in February, Yardi Matrix said Wednesday.… Read more
Studio G to Build Franklin Cummings Tech’s New Campus
Studio G Architects has broken ground on Franklin Cummings Tech’s new campus in Roxbury’s Nubian Square in Roxbury, MA. Teaming… Read more
Rise48 Allots $9M for FW Apartment Revamp
Rise48 Equity has purchased Copperfield Apartments, a 323-unit community in Fort Worth, from MLG Capital. Over the course of 5… Read more
Standard to Build Affordable Units in Woodbridge
Standard Communities has broken ground on a 240-unit 100% affordable community in Woodbridge, VA. Known as Jefferson Plaza Apartments, this… Read more
Auto Mall/Apartments Slated for Mesa
The developers still need final approval from the town, but Diversified Partners expects to get a green light for a… Read more
Las Vegas’s Rio Hotel Revamped/Rebranded
Phase I of Rio Hotel & Casino’s renovation program should be completed by this fall. Additionally, the hotel has joined Hyatt… Read more
600-Unit Miami Condo Project Sells Out Two Years Before Completion
Construction is not expected to be completed until 2026, but 600 Miami Worldcenter, a 606-unit, 32-story condominium, is sold out.… Read more
Arriba Capital Funds Loan for Florida Beachfront Hotel
Arriba Capital has arranged financing for a $35.75-million ground-up construction loan for an oceanfront Residence Inn by Marriott property in Ormond… Read more
Walker & Dunlop Originates $66M for Midwest Senior Properties
Walker & Dunlop, Inc. has originated $65,731,000 in 232/223(f) and 241(a) HUD loans for seven skilled nursing facilities and memory… Read more
Investor Buys 59-Unit Condo Complex in Waukegan
Marcus & Millichap closed the sale of 59 condominium units from Onan Senior Suites, a building that consists of a… Read more
Essex Finalizes Sales of Two South Side Multifamily Properties
Chicago-based multifamily brokerage firm Essex Realty Group, Inc. has facilitated the sale of two apartment buildings in Chicago’s Chatham and… Read more
Greystone Arranges Financing for Bellflower Apartment Additions
Greystone has provided $19,050,000 in bridge-to-agency financing for a 118-unit multifamily property in Bellflower. Intended to facilitate the refinancing and… Read more
TLC Modular Lines Up Luxury Condos for Desert Hot Springs
TLC Modular USA and ABJA Ohana LLC will develop Pierson 88, an 88-unit luxury condominium development in Desert Hot Springs. Slated for groundbreaking later this… Read more
MF Portfolio in Hayward, San Leandro Goes for $30M
Transwestern Real Estate Services brokered the sale of a two-complex multifamily portfolio consisting of Vermont Hills Apartments in Hayward and the… Read more
Tiger’s PopStroke Eyes Cedar Park
Tiger Woods is preparing for life after PGA golf. He has his name on a mini-golf concept that will soon… Read more