What happened, and who moved.
Feeling barraged by a constant stream of often-confusing economic information? Walker & Dunlop CEO Willy Walker has some simple advice: Ignore the “noise” and focus on the data. “Everyone has a [social media] feed that is filled with noise,”...
Affiliated Development has closed on a $74 million construction loan with Pacific Life Insurance Company for The Cove, a mixed-use, mixed-income multifamily development on the northwest corner of Sunrise Boulevard and Federal Highway in Fort Lauderdale. Just over half of the 374 units will be restricted to families…
Marcus & Millichap finalized the sale of 5035-49 Guava Ave., an 81-unit seniors affordable multifamily property located in La Mesa. The property sold for $12.5 million, or $154,320 per unit. “Age-restricted communities with long-term affordability protections are rarely available for acquisition in San Diego…
A $37M construction loan will help bring more new apartments to a Philadelphia multifamily submarket that has experienced a development surge.
Tidal Real Estate Partners is “waving” hello to the opportunity to convert a Savannah, Ga., multifamily building into a Margaritaville-branded hotel. The New York City development firm just sealed $113 million of bridge debt to recapitalize and repurpose the 2023-built Ann Street Lofts property into the 230-key…
Hawthorn Mall in Vernon Hills is undergoing a sweeping $5 million renovation that’s bringing new restaurants, apartments and varying retailers to the area. Owner Dallas-based Centennial Real Estate is taking the traditional mall building, long-due for an upgrade, into a new era. Lighting across the interior of the…
Houston syndicator Nitya Capital offloaded a 1,000-unit Houston apartment portfolio as it faces multifamily distress in North Texas. Triten Real Estate, which is also based in Houston, picked up 3 Corners West from the Nitya, according to a release from Triten. The 997-unit portfolio sits on 35 acres at 10105…
Just weeks after offloading 405 Colorado in Downtown Austin, Brandywine is looking to shake up its portfolio again. Brandywine Realty Trust expects to sell off its Solaris apartment building at 2800 Solaris Street in the Uptown ATX development and find a partner to take on some of the financial burden for the One…
Controversial father-son landlord duo Raphael and John Lowenstein took center stage in Cook County’s June foreclosure filings. After offloading a Kenwood apartment complex earlier this year amid mounting distress in their real estate portfolios, the Lowensteins are now facing nearly $55 million in combined…
It’s become fashionable in New York City commercial real estate to bash the state’s 485-x program, which provides tax incentives for new residential development in certain areas of the five boroughs in exchange for including affordable housing. The criticism revolves around 485-x’s higher construction wage…
Triten Real Estate Partners acquired 3 Corners West, a 283-unit apartment community in Houston’s Memorial/Spring Branch submarket. The acquisition completes Triten and Evergen Equity’s purchase of the three-property 3 Corners multifamily portfolio after the partnership acquired 3 Corners North and 3 Corners East in…
A real estate fund run by Mesirow acquired the Sixty 11th Apartments for $132 million. The Atlanta Business Chronicle reports the seller was 60 11th Street LLC. It purchased the 1.25-acre site in care of Daniel Realty Co. LLC, an affiliate of Daniel Corp., in 2014. The tower was a joint venture between Daniel…
A vacant former car dealership site on Shattuck Avenue clears its final hurdle toward 359 apartments and 38 income-restricted units. Berkeley’s Zoning Adjustments Board needed three votes over one meeting to approve a 359-unit development on South Shattuck Avenue, ultimately clearing the project only after denying…
The Marin County Board of Supervisors has authorized up to $41 million in bonds for Eden Housing’s 115-unit affordable component of Oak Hill Apartments, advancing a 250-unit master plan that would replace the former San Quentin prison firing range with housing for the county’s lowest earners, teachers and public…
A 40-year-old Fresno apartment community just changed hands for the first time — and it’s part of a much bigger Central Valley portfolio unwind. A 248-unit Fresno apartment community that had never changed hands since it was built four decades ago has sold for $44 million, adding to a wave of long-held Central…
NORMAN, OKLA. — Regional brokerage firm MMG Real Estate Advisors has arranged the sale of Sterling Park, a 142-unit apartment complex in Norman, home of the University of Oklahoma. The property offers one- and two-bedroom units and amenities such as a pool, fitness center and outdoor grilling and dining areas.…
FORT COLLINS, COLO. — Livmark Communities has broken ground on The Collins Apartments at Union Park, a 457-unit multifamily project in Fort Collins. Once complete, The Collins will feature 233 one-bedroom units, 160 two-bedroom apartments and 64 three-bedroom residences. Units will include quartz countertops,…
TEMPLETON, MASS. — A partnership between metro Boston-based MPZ Development and Capstone Communities is nearing completion of a $36 million multifamily adaptive reuse project in Templeton, about 65 miles northwest of Boston. A housing lottery was launched and closed on July 15, and full completion is slated for…
HOUSTON — Berkadia has brokered the sale of Harper’s Mill, a 180-unit apartment complex in northwest Houston. Built in 1984, the property offers one- and two-bedroom units and amenities such as a pool, business center, picnic areas and a playground. Kyle Whitney, Chris Curry, Jeffrey Skipworth, Chris Young, Joey…
CARY, N.C. — Woodfield Development has broken ground on a 330-unit apartment community located across from the Tryon Village shopping center at 2818 Macedonia Road in Cary, a suburb of Raleigh. Eagle Realty Group is serving as equity partner and capital provider for the $100 million project. The unnamed, five-story…
MANASSAS, VA. — Berkadia has arranged the sale of Masons Keepe, a 270-unit multifamily community located in Manassas, roughly 31 miles southwest of Washington, D.C. The sales price was not disclosed, but CoStar Group tracked the sales price as $85 million. Brian Crivella, Bill Gribbin, Yalda Ghamarian, Jack Canepa…
DES MOINES, IOWA — Foss & Co., a tax credit syndicator, has secured financing for the Financial Center, a 25-story office tower in downtown Des Moines. Developed by Lawmark Capital, the project will convert the building into 209 market-rate apartment units and 152,000 square feet of commercial space, generating…
LOS ANGELES — Walker & Dunlop has arranged a $28.9 million loan to refinance Billy G. Mills Manor, an affordable housing community in Los Angeles. Walker & Dunlop’s Jeff Kearns… The post Watt Capital Developers Secures Refinancing, HAP Contract Renewal for Los Angeles Affordable Housing appeared first on…
NARANJA, FLA. — Housing Trust Group (HTG) and AM Affordable Housing have secured financing to begin construction of the first phase of Artisan Pointe, an affordable housing community in Naranja,… The post HTG, AM Affordable Housing Break Ground on Artisan Pointe in Naranja, Florida appeared first on Multifamily &…
HOBOKEN, N.J. — JLL Capital Markets has arranged the sale of 1000 Jefferson, a 217-unit community in Hoboken. JLL represented Clarion Partners, the seller. Invesco Real Estate was the buyer.… The post Clarion Partners Sells 1000 Jefferson in Hoboken, New Jersey appeared first on Multifamily & Affordable Housing…
OVERLAND PARK, KAN. — Caisson Capital Partners has acquired Preston Court, a 181-unit community in Overland Park, for $23.4 million. Built in 1968, Preston Court features apartments averaging 1,034 square… The post Caisson Capital Partners Buys Preston Court from Price Brothers for $23.4M appeared first on…
Manchester Super Giants, Lancashire County Cricket Club’s The Hundred franchise, has bought land next to Emirates Old Trafford that has permission for 228 apartments. The post Former Trafford B&Q site earmarked for flats bought for cricket training facility appeared first on Place North West .
This is a news item from EdgeProp Malaysia published in July 2026 reporting that Beverly Group is launching a RM1.1 billion serviced apartment project in TRX (Tun Razak Exchange), Kuala Lumpur. The item is classified as multifamily real estate news in the Malaysia geography.
A two-building multifamily portfolio spanning 30 units in Manayunk and Old City has traded hands.
De Rotterdamse ontwikkelaar Fullhouse gaat tien monumenten aan de Vlaardingse Westhavenkade en Vetteoordskade transformeren tot 79 duurzame woningen.
Analysis of investor activity driving condo transaction volumes in the Toronto metropolitan area.
Plymouth City Council's plans to redevelop a grade II-listed civic tower into 144 residential units and a city college campus have received planning officer recommendation for approval, with £47.48m in public funding allocated.
A boutique mixed-use apartment project in North Fremantle has received planning approval despite objections that noise complaints from residents could impact the internationally significant rock music venue Mojo's Bar across the street.
Fortis and Sherpa Property Group acquire Brisbane inner-city residential development sites totalling $58.5 million with combined end values exceeding $600 million, marking their expanding Queensland portfolios.
Opinion piece argues that Los Angeles' Measure ULA transfer tax is suppressing multifamily housing production and causing significant economic harm, citing a RAND report showing 30% decline in apartment building starts and 16,650 lost construction jobs since 2023.
A Perth apartment developer seeks a two-year extension on his $20 million eight-storey residential project after local authorities increased public art and community benefit contributions.
Billionaire Richard Kurtz’s The Kamson Corporation and Joel Gluck of Scopus Property Management dropped $90.5 million for a 400-unit residential complex in West Palm Beach that was converted from condos to apartments last year. The investors acquired Ponte Verde at Palm Beach Lakes with an $81 million acquisition…
ArtHaus Partners & Integrity Housing acquire The Creek at 2645 Apartments, a 368-unit Sacramento community, in SHRA's first 501(c)(3) bond issuance.
London & Quadrant Housing Trust completes £1,045m sale of its 3,200-home private rented sector portfolio to a Morgan Stanley Real Estate Investing and Ridgeback Group partnership.
Burtville Developments has launched a premium residential development in Abu Dhabi's Masdar City, featuring a mix of one- to five-bedroom apartments and duplexes across 310,000 sq ft.
Cerberus buys $1.3 billion New York multifamily loan book at 92 cents on the dollar as regional banks accelerate exits from rent-regulated portfolios. The post Distressed Multifamily Debt Finds Buyers as Banks Exit New York Portfolios appeared first on Propmodo .
The seesaw history of a West Palm Beach residential complex has a new chapter. A joint venture between the Kamson Corporation and Joel Gluck’s Scopus Property Management has closed on a $90 million acquisition of Ponte Verde at Palm Beach Lakes, Commercial Observer has learned. The 400-unit property was built in…
Clear Investment Group, a Chicago-based real estate investment firm, has acquired Woodland Estates, a 300-unit multifamily community in Southeast Washington, D.C. The acquisition marks the firm’s second investment in the Washington metropolitan area, bringing its regional portfolio to nearly 1,000 apartment units.…
A nine-unit apartment complex in Wenatchee, Washington, has sold for $1.85 million. Kidder Mathews Vice President Max Frame of the Simon Anderson Multifamily Team, based at the firm’s Seattle headquarters, represented the seller. Located at 475 N. Elliott Avenue, the 6,444-square-foot property was built in 2015 and…
Crews recently broke ground on a North Lawndale community, the Trumbull Collection, a group of nine market-rate three-flat apartment buildings. The $6.5 million project will replace eight vacant lots on the 1600 and 1800 blocks of S. Drake Ave. and S. Trumbull Ave. with 27 mid-density homes. The city-backed project…
Carlyle Group and Haussmann Development have plans to partner on a 99-unit apartment complex in Brooklyn’s Crown Heights neighborhood. The two developers filed plans Thursday with the New York City Department of Buildings (DOB) to bring a new 12-story mixed-use building to 566 Grand Avenue, near the corner of Grand…
Developer Jeff Svitak has landed $34.25 million of bridge debt for a newly completed San Diego multifamily project, Commercial Observer has learned. Lightstone Capital originated the senior loan for Svitak’s Kaya Apartments development in San Diego’s Bankers Hill neighborhood. John Zubak, managing director and head…
NEW YORK CITY — M&T Realty Capital Corp. has provided a $141.4 million bridge loan for the refinancing of Anagram Turtle Bay, a 194-unit apartment building located at 300 E. 50th St. in Manhattan. Designed by BKSK Architects, the 23-story building houses studio, one-, two- and three-bedroom units, as well as…
POOLER, GA. — Thompson Thrift plans to soon break ground on The Foundry at Mosaic, a 300-unit luxury multifamily community located in Pooler, a western suburb of Savannah. The development will be capitalized with equity from the Thompson Thrift 2025 Multifamily Development investment fund. Construction is expected…
Trilogy Real Estate Group has received a $64 million construction loan for the development of The Albion, a 325-unit apartment community being built in Valrico, Fla. The project, located 14 miles east of downtown Tampa, is slated for delivery in the fourth quarter of 2028. Multihousing News reports the financing is…
The Duke of Westminster’s social enterprise is to acquire a site in the town centre with permission for 53 apartments from McCarthy Stone. The post Grosvenor Hart Homes picks Kirkby for third scheme appeared first on Place North West .
ArtHaus Partners and Integrity Housing have closed on the $76.1 million purchase of a 368-unit South Natomas apartment community and will convert roughly three-quarters of its units to workforce housing, financed through the Sacramento Housing and Redevelopment Agency’s first-ever 501(c)(3) bond issuance. Bay…