Phoenix
Industry Coalition Flags Biden’s Proposed Rental Regulations
Ten associations representing America’s housing providers, lenders and residents signed a letter to the White House urging caution over a… Read more
NYC Launches Workforce Housing Fund
Mayor Eric Adams, along with the Building and Construction Trades Council of Greater New York and Vicinity (BCTC) President Gary… Read more
Essex Closes Sale of Newly Built Property in Old Irving Park
Chicago-based multifamily brokerage firm Essex Realty Group, Inc., closed the sale of a new construction building at 3941 N. Keeler… Read more
Vacant Lawndale Multifamily Trades to Local Owner
Interra Realty brokered the $1.3-million sale of a 13-unit apartment building at 1858 S. Springfield Ave. in the Lawndale neighborhood… Read more
Seattle Mayor Proposes Plan to Increase Housing Density
Seattle Mayor Bruce Harrell has released a draft of a new plan to allow new types of housing across the… Read more
Kidder Mathews Sells Spokane Valley Apartment Complex
Max Frame of the Simon and Anderson team, a multifamily investment team at Kidder Mathews, represented the seller in the… Read more
Conversion Starts on Former UMass Lowell Campus
Trammell Crow Residential has initiated construction on Alexan Chelmsford, a 340-unit housing development situated on the former UMass Lowell west… Read more
JV to Convert DC Office to Resi
Henderson Park, in collaboration with Lowe, has embarked on a project to convert the office building at 1250 Maryland Avenue… Read more
MDC Pays $24.3M for Sky Harbor-Area Warehouse
MDC Realty Advisors paid $24.3 million for a 144,907-square-foot industrial asset near Sky Harbor Airport. Commercial Edge reports tenant American… Read more
Developer Duo Announces Nashville Yards Twin-Tower Update
Southwest Value Partners and StreetLights Residential plan to open two multifamily side-by-side towers in November at Nashville Yards. Leasing will begin… Read more
Huntington Beach Redevelopment Site Slated for Residential
Newmark facilitated the sale of 1810 Pacific Coast Hwy., a one-acre redevelopment site in Huntington Beach. The property sold for… Read more
Santa Clara MXU Project Gears Up for Approvals Process
After several years of soliciting community input, Kylli’s 48.6-acre Mission Point mixed-use development in Santa Clara is approaching a major… Read more
Hines Fully Subscribes $77M DST Offering for Chicago Apartments
Hines, a global real estate investment, development and property manager, has completed another Delaware Statutory Trust (DST) with HREX Multifamily… Read more
How Property Management Can Drive Multifamily NOI
By Laura Khouri In times of economic uncertainty, many multifamily owners look to increase NOI through strategic operational analysis and… Read more
Meridian Arranges $68M Financing for Brooklyn MF Property
A multifamily property construction project in Brooklyn’s Gowanushas has secured $68 million in financing. The debt fund provided the financing,… Read more
Bronx MF Building Sold for $5M
A fully rent-stabilized building in the Bronx is sold for $5.1 million at a capitalization rate of 6.8% and a… Read more
Explaining the “Condominium Comeback”
There’s no doubt that the COVID-19 pandemic was a catastrophe, generating a high incidence of heartbreaking illnesses and death. The… Read more
Newsom Fast-Tracks $2B DTLA Mixed-Use Project
California Gov. Gavin Newsom said Thursday that he took action to accelerate Continuum Partners’ Fourth and Central, a $2-billion mixed-use… Read more
Edge Realty Adds Principal to Phoenix Office
Edge Realty Partners has promoted LeDonna Spongberg to Principal at the commercial real estate firm. Spongberg, who joined Edge’s Phoenix office… Read more