What happened, and who moved.

A New York-based investor has acquired The Wilson, the 68-unit adaptive-reuse apartment building at 973 Market Street, from Raintree Partners for $19 million, adding one of the Market Street corridor's most distinctive historic conversions to its holdings. The post Raintree Partners Sells Historic 68-Unit Wilson…

One co-owner of multifamily investment platform ESG Kullen is suing the other for alleged fraud, forgery, concealed financing deals and unauthorized equity transfers. Kullen King Properties and its managing member, Thomas DelPonti, filed a complaint last month in New York County Supreme Court against Eric…

GOLDEN, COLO. — Monarch Investment & Management Group has sold Fox Hill Apartments in Golden for $32 million. Sierra Parkway Communities was the buyer, and JLL arranged the transaction on… The post Monarch Sells Long-Held Colorado Asset Fox Hill for $32M appeared first on Multifamily & Affordable Housing Business .

MARINA DEL REY, CALIF. — An affiliate of San Francisco-based Jackson Square Properties has acquired Shores, a 544-unit community in Marina del Rey for $170 million. Law firm Cox, Castle… The post Jackson Square Acquires Marina del Rey Asset for $170M appeared first on Multifamily & Affordable Housing Business .

OLATHE, KAN. — Chicago-based 29th Street Capital has acquired Chestnut Heights Townhomes in Olathe. The 161-unit townhome community will be managed by 29th Street Living, the company’s property management division.… The post 29th Street Capital Buys BTR Property in Metro Kansas City appeared first on Multifamily &…

VANCOUVER, WASH. — JLL has arranged a $42 million Fannie Mae refinancing loan for Portola Bridge Creek, a 270-unit, garden-style community in Vancouver. The borrower was Irvine, California-based SB Real… The post JLL Arranges $42M Refinancing for Portola Bridge Creek in Vancouver, Washington appeared first on…

Some 10,000 Seoul apartment leases expire this year as a tax overhaul pushes landlords to reclaim rented homes, deepening fears of a jeonse supply crunch.

Broward County is planning a major mixed-use development project centered around the Florida Panthers' Sunrise arena venue.

A major mixed-use redevelopment project in Opa-Locka, Miami-Dade County seeks rezoning for a 162-acre site as part of downtown revitalization efforts.

Milestone Group has sold a rental complex near Zoo Miami to Harbor Group for $109 million amid a cooling multifamily investment sales market in South Florida.

Coverage of Empire State Realty Trust's real estate transaction activity, including construction financing, rezoning efforts, and property sales across South Florida markets.

Black Equities acquired a multifamily property in Culver City, Los Angeles for $106 million, setting a local record.

The multifamily market is entering a new phase defined less by broad national narratives and more by local realities, operational discipline, and selective opportunity. In a recent conversation on “Inside the Deal, a CRE Podcast by Berkadia®,” host Ernie Katai, executive vice president – head of production for…

Saratoga Capital takes over 17-story luxury Atlanta apartment tower after foreclosure.

Bell Partners buys Reading Commons for $96M, expanding its Boston portfolio.

The Domain Companies has closed on $175.6 million in financing with Wells Fargo for a new mixed-income housing project called Elara, which will deliver 429 new apartments in Astoria, Queens. Domain’s equity partners on the deal are Canyon Partners Real Estate and BLDG Management. The financing was brokered by Chris…

Brixton Capital, a vertically integrated owner and operator of retail and multifamily properties, has secured a lease with La La Land Café to occupy the mezzanine terrace and café space at its upscale Del Mar Plaza retail destination. La La Land will occupy 1,168 square feet of interior space, with additional…

Newmark arranged the sale of a note secured by Topaz Tower, a fully entitled adaptive reuse development project located at 222 W. 6th St. in San Pedro. The 12-story, 309,732-square-foot office tower is entitled for conversion to 246 market-rate multifamily units. Executive Managing Director Ryan Plummer, Co-Head of…

Essex Three-Twelve completed the sale of 3141 N. Oakley Ave., a turnkey three-unit multifamily property located in Chicago’s Roscoe Village neighborhood. The property sold for $1.24 million, with Essex Three-Twelve Director Mitir Patel representing the seller. Turnkey three-unit properties are rarely available in…

Veteran multifamily investment brokerage professional Debbie Pomerantz has launched an independent commercial real estate brokerage firm, DLP Real Estate. The firm’s debut aligns with the $13.25-million sale of Raritan Riverside, a newly constructed, 42-unit luxury multifamily community located at 21 Orlando Dr. in…

Keystone recently closed on a $22,000,000 permanent loan on a multifamily property located in Belmont. The financing wasprovided by Voya Financial at a fixed interest rate of 5.47%. The borrower was not disclosed. The transaction reflects continued lender appetite for well-located multifamily assets in…
Greystone Capital Advisors arranged a $103 million bridge loan from Benefit Street Partners for Vantage Communities' 864-unit Texas multifamily portfolio.

JLL has arranged $42 million in financing for Portola Bridge Creek, a 270-unit, garden-style apartment community in Vancouver, Washington. JLL worked on behalf of the borrower, SB Real Estate Partners (SBREP), which has owned the property since 2022, to secure the five-year, fixed-rate loan through Fannie Mae. The…

Vantage Communities has secured $103 million in bridge debt to refinance a three-property, 864-unit multifamily portfolio in three cities in Texas, Commercial Observer can first report. Benefit Street Partners provided the debt, which will finance the property toward full stabilization and is structured as a…

Cedarwood Companies is advancing Topaz at Light Farms Way, a 272-unit multifamily community in Celina. The development will feature a mix of studio, one-bedroom and two-bedroom apartments. Residents will enjoy a clubhouse with a cybercafé, a pool with a fire pit, a fitness center, a dedicated dog park with a pet…

Francis Property Management inked a $68.7 million refinancing on three Texas multifamily communities. Northmarq’s Debt + Equity deal team led by Taylor Francis, along with David Blum, Joe Giordani, Charlie Buckingham and Matt Radich arranged the permanent fixed-rate financing for the three-property Class A…

Coastland Residential has nabbed a $84.5 million construction loan for a multifamily development near Tropical Park in southwest Miami-Dade County. The debt from PNC Bank covers the Vybe 75, which will house 366 apartments and 5,000 square feet of ground-floor retail space. The eight-story development at 4383…

Blackstone and GO Residential agreed to buy H&R REIT for C$3.4 billion, splitting sunbelt multifamily and Canadian industrial assets between buyers. The post Canadian REIT Breakup Shows Continued Appetite for Industrial and Sunbelt Multifamily appeared first on Propmodo .

A joint venture between Spitzer Enterprises and Arden Group has sealed $109.5 million of permanent financing for a newly-built multifamily tower in Jersey City, Commercial Observer can first report. Northwestern Mutual supplied the loan to retire construction debt following the lease-up and stabilization of…

HOUSTON – (Realty News Report) – Camden Property Trust, a Houston-based apartment REIT, has sold 11 California apartment complexes with 3,260 units for $1.625 billion to a BlackRock investment fund. Earlier this year, Camden announced this plan to sell its California apartments and redeploy the money to multifamily…

NEW YORK CITY — Affinius Capital has provided a $40.7 million construction loan for an 84-unit multifamily project in Upper Manhattan. The borrower is Haussmann Development. The site is located within a Qualified Opportunity Zone at 16–20 Convent Ave., adjacent to Columbia University’s campus, and the mixed-income…

JLB Partners plans to redevelop a seven-story building at 470 E. Paces Ferry Road in Buckhead Village. The Atlanta Business Chronicle reports the project consists of 314 apartments in what was once a mid-century office building. On Maple Drive, the 1960s-era office building is the longtime home of Logility Supply…

RENO, NEV. — Newmark has arranged a $33.5 million Fannie Mae loan for the refinancing of Ascent on Steamboat, a 204-unit community in Reno that is owned by Elan Multifamily Investments. Newmark’s Lowell Takahashi and Vince Punzi arranged the five-year, fixed rate loan. Located at 3300 Skyline Blvd. in Reno’s Old…

MARINA DEL REY, CALIF. — Affiliates of Jackson Square Properties have acquired Shores, an apartment property in Marina del Rey, from a company doing business as Shores LLC for $170 million. Cox, Castle & Nicholson LLP served as counsel to the seller in the transaction, which is one of the largest commercial real…
FORT WORTH, TEXAS — Concord Summit Capital has arranged a $50 million construction loan for a 268-unit project in Fort Worth. Summa Terra Ventures and M13 Construction were the borrowers.… The post Concord Summit Arranges $50M Construction Loan for 268-Unit Fort Worth Development appeared first on Multifamily &…
By Hollie Croft and Nicholas Heckman On July 11, the 21st Century ROAD to Housing Act became law, bringing about several changes designed to increase housing supply and affordability. Section… The post Institutional BTR Buyers Face New Federal Limits appeared first on Multifamily & Affordable Housing Business .

RENO, NEV. — Newmark has arranged a $33.5 million Fannie Mae loan for the refinancing of Ascent on Steamboat, a 204-unit community in Reno owned by Elan Multifamily Investments. Newmark’s Lowell Takahashi and Vince Punzi arranged the five-year, fixed rate loan. Located at 3300 Skyline Blvd. in Reno’s Old Southwest…

PLEASANTVILLE, N.Y. — IPA has arranged the sale of The Atwood, a 71-unit community in Pleasantville, about 32 miles north of Manhattan. Neither buyer, seller nor sales price was disclosed.… The post IPA Arranges Sale of The Atwood in Pleasantville, New York appeared first on Multifamily & Affordable Housing Business .

REVERE, MASS. — JLL has arranged a $67.3 million refinancing loan through Bridge Investment Group Holdings for Eliot on Ocean, a 194-unit waterfront property along Revere Beach in Revere, Massachusetts.… The post Invictus Obtains $67.3M Loan for Renovations to Metro Boston Beachfront Property appeared first on…

AUGUSTA, GA. — Berkadia has arranged the $40.6 million sale of MacArthur Park, a 290-unit garden-style community in Augusta. Christian DiCroce, Jim Sewell, Dave Lansbury, and Erika Maston of Berkadia… The post Berkadia Brokers $40.6M Trade in August, Georgia appeared first on Multifamily & Affordable Housing Business .

Hyde and London Square have agreed a £100 million deal for a residential development in Woolwich, London.
M&G and Marlet have secured €550 million in financing for a build-to-rent portfolio in Dublin.

Invictus Real Estate secures a $67M loan to renovate its 194-unit Revere Beach property, enhancing amenities and units.

Broward County is planning a massive mixed-use development for the area surrounding the Florida Panthers’ Sunrise home base. County officials submitted an application for the project, which would bring multifamily units, commercial space, hotel rooms and green space to the 154-acre site surrounding the Amerant Bank…

The Sares Regis Group sold a Las Vegas-area apartment complex for $58 million, nearly $29 million less than they paid for it in 2022. Multihousing News reports that CONAM acquired the 232-unit Alicante through CONAM Strategic Investments Fund IV. Built in 2001, Alicante offers one-, two-, and three-bedroom floor…

Swapnil Agarwal’s Nitya Capital saved a Dallas apartment property from foreclosure with a refinancing deal. The Houston multifamily syndicator secured a loan from Morgan Stanley for The Interlace Apartments, according to a release from Nitya. The release did not specify the size of the loan. The refinancing deal…

Cox, Castle & Nicholson LLP served as counsel to Shores LLC in the sale of Shores, a 544-unit multifamily community in Marina del Rey, for $170 million to Jackson Square Properties affiliates. The transaction is one of the largest commercial real estate transactions in Los Angeles County year to date, according to…

Nitya Capital refinanced Interlace Apartments, a 432-unit multifamily community in Dallas, Texas, with Morgan Stanley. Nitya secured new institutional financing for the Interlace property at a double-digit debt yield, reflecting the substantial operating income and value created since its acquisition. Recent media…

HOUSTON — Camden Property Trust (NYSE: CPT) has sold an 11-property, 3,620-unit apartment portfolio in Southern California for approximately $1.6 billion. The buyer was an investment entity managed by BlackRock… The post BlackRock Acquires 11-Property Camden Property Trust Portfolio for $1.6B appeared first on…
Greystone provided a $25.5M Fannie Mae loan for the acquisition of 422 & 424 W. Melrose Ave., a 169-unit multifamily property in Chicago's Lakeview.

MESA, ARIZ. — Garrett Cos. has completed construction of Emblem Mesa, a 248-unit multifamily project located at 1340 S. 48th St. in Mesa’s East Valley submarket. Situated on 14.3 acres, the garden-style development features 13 two- and three-story residential buildings with detached garages and covered parking…
GILBERT, ARIZ. — Grocer Safeway has opened a 64,000-square-foot store at The Gilmore, a 35-acre mixed-use development by Thompson Thrift that is located in the Phoenix suburb of Gilbert. Safeway will anchor the $225 million project, which is set to feature 300 luxury apartments, a hotel and roughly 200,000 square…

A cluster of single-family homes on 1-acre lots and vacant parcels near Baptist Hospital of Miami are slated for redevelopment with more than 200 apartments, proposals that riled up hundreds of neighbors in a pocket of Kendall. Four planned projects range from three to five stories, in a less than two-block area…

HOUSTON — Fairfield Residential has completed 1010 Waugh, a 340-unit multifamily project in Houston’s Montrose district. Designed by Dallas-based KTGY, the 14-story building offers studio, one- and two-bedroom units that range in size from 539 to 1,612 square feet. Residences are furnished with stainless steel…
CYPRESS, TEXAS — Newmark has arranged a $52 million loan for the refinancing of Cantera at Towne Lake, a 366-unit multifamily property in the northwestern Houston metro of Cypress. Built in 2008 within the Towne Lake master-planned community, the property offers one-, two- and three-bedroom units and amenities such…
La comuna redujo en un 30% el stock de viviendas de entrega inmediata, mientras la ocupación de los edificios multifamily alcanzó el 94,6%. En paralelo, la futura conexión entre la Línea 7 del Metro y el aeropuerto está impulsando nuevos proyectos orientados al arriendo. Por Tomás Rodríguez Botto El mercado…
El último informe Inforenta de TOCTOC muestra que el tiempo promedio de publicación bajó de 50 a 30 días. Además, la comuna concentra más de 7.300 unidades Multifamily en construcción y con permisos aprobados. Por Tomás Rodríguez Botto La oferta de viviendas en arriendo en La Florida comienza a mostrar señales de…
HUNTINGTON STATION, N.Y. — Silver Arch Capital Partners, a New Jersey-based private lender, has provided $5.6 million in financing for a 16-unit apartment building in Huntington Station, located on Long Island. The building, the address of which was not disclosed, also includes two ground-floor retail spaces. The…

OLIVETTE, MO. — Texas Roadhouse will open at Olive Crossing in the St. Louis suburb of Olivette. Keeley Properties and KEAT Properties are developing Olive Crossing, a mixed-use project spanning 14.8 acres that is currently home to The Clover luxury apartments and a retail lineup including Aldi, Paris Baguette,…

GOLDEN, COLO. — Monarch Investment & Management Group has sold Fox Hill Apartments, a 153-unit garden-style multifamily community located west of Denver in Golden. Sierra Parkway Communities acquired the asset for $32 million. Jordan Robbins, Wick Kirby, Alex Possick and Seth Gallman of JLL Capital Markets…