What happened, and who moved.
COLUMBUS, OHIO — The NRP Group has broken ground on OSU East, a 336-unit apartment development in Northwest Columbus. The project marks NRP Group’s first market-rate community in Columbus. The 27.5-acre development site on West Dublin Granville Road will also include 138 for-sale townhomes developed by M/I Homes of…
LAS VEGAS — CONAM Group, through its Strategic Investments Fund IV, has acquired Alicante Apartment Homes, a 232-unit community in Las Vegas’ Spring Valley submarket. The identity of the seller… The post CONAM Acquires 232-Unit Alicante Apartments in Las Vegas appeared first on Multifamily & Affordable Housing…
ATLANTA — The Atlanta Beltline, Pennrose, Radiant Development Partners and other project stakeholders broke ground Aug. 4 on Overlook at Garson, a 130-unit affordable housing community along the Atlanta Beltline’s… The post Atlanta Beltline Partners Break Ground on 130-Unit Affordable Community appeared first on…
MESA, ARIZ. — CBRE has arranged the $52.4 million sale of Avia 266. Beverly Hills, California-based Geringer Capital sold the 267-unit community in Mesa, which will be renamed The Remy,… The post Geringer Capital Sells Avia 266 in Metro Phoenix for $52.4M appeared first on Multifamily & Affordable Housing Business .
APEX, N.C. — Wood Partners and Marcus Partners have broken ground on Altera Heights in Apex. The 280-unit community is located at the intersection of Jenks and Wimberly roads and… The post Wood Partners, Marcus Partners Team up for Development in Raleigh-Durham Metro appeared first on Multifamily & Affordable…
Das Kartellamt prüft eine Beteiligung des internationalen Investors Madison International Realty am Apartmentbetreiber Home & Co.
Resi Capital by Cavatina has recorded sales exceeding 250 million złoty across 122 apartments at Liberty Tower, a 140-metre residential tower under construction on Grzybowska Street in central Warsaw. The sales were completed within six months of the project launching in February 2026, equating to more than 20…
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Come this spring, plumbing problems, sinking floors and decaying walls will no longer be issues for the low-income families living at an East San Jose apartment complex — thanks to a nonprofit’s effort to preserve the city’s shrinking unsubsidized affordable housing stock. Construction has begun at The Virginian…
Opa-locka, a city that’s remained largely overlooked by developers, is getting closer to a half-billion-dollar redevelopment with 1,500 apartments, retail and a hotel in downtown. The city’s community redevelopment agency approved negotiations with a group of developers for a ground lease for nearly 1.5 city-owned…
The NRP Group announced the groundbreaking of OSU East, a 336-unit housing community in Columbus, Ohio. OSU East marks The NRP Group’s first market-rate community in Columbus. The project is situated on a 27.5-acre site on West Dublin Granville Road that will include an additional 138 for-sale townhomes developed…
Cardone Capital dropped $89.8 million on a rental community in Naples, according to a deed recorded Wednesday. The Aventura-based firm, headed by crowdfunding multifamily syndicator and online influencer Grant Cardone, acquired Orchid Run, a 282-unit complex at 10991 Lost Lake Drive, from an affiliate of The Inland…
🏆New Building: The largest new building application filed last week was in Uptown, where Catapult Real Estate Solutions filed plans to construct a $23 million mixed-use building at 4006 North Sheridan Road. The seven-story project will replace The Holiday Club Lounge and feature 91 residential units across six…
Basis Investment Group, LLC has provided a $19.95 million bridge loan to refinance the existing debt, support the continued stabilization, and fund remaining tenant-improvement and leasing costs at Wolff Court, a four-story complex in Philadelphia, Pennsylvania. Located at 501 E. Girard Avenue, the property is a…
Gantry has secured a $14.6 million construction-to-permanent loan for the Milano Issaquah Apartments, planned for delivery at 2300 Newport Way NW in Issaquah, just east of Seattle, Washington. Strategically located within the Central Issaquah Plan Area near major local employers, including Costco’s global…
JLL Capital Markets arranged a $67.256-million refinancing for Eliot on Ocean, a 194-unit multifamily property at 660 Ocean Ave. in Revere Beach, MA. Senior managing directors Scott Aiese and Tom Sullivan and director Alex Staikos represented the borrower, Invictus Real Estate Partners, in securing a three-year,…
Fannie Mae sued Alan Stalcup for $6.6M, alleging he neglected a San Antonio apartment complex it foreclosed on.
Alpaca Real Estate raised $223 million for its debut fund, combining AI-driven underwriting with industrial, multifamily and preferred equity investments. The post Private Equity Backs AI-Powered Real Estate Platform With $223 Million appeared first on Propmodo .
Rockwell Property Company purchased the Hayden Park, a 182-unit apartment community at 3015 North Hayden Road in Scottsdale, Arizona, for $42 million. It’s just outside of Old Town Scottsdale. The Hayden Park purchase marks Rockwell’s seventh acquisition in Arizona. Built in 1985 on 8.7 acres, Hayden Park comprises…
Milestone Group has sold a garden-style multifamily community near Zoo Miami for just $2 million more than it paid to acquire the property five years ago. Harbor Group International (HGI) bought the 505-unit Emerald Palms Apartments for $109 million, property records show. The 28-acre property includes 37…
Scott Rechler’s RXR continues to secure capital from institutional lenders. RXR, together with joint venture partners Halpern Real Estate Investments, Korman Communities and Invent Development Partners, has secured $125 million in construction debt for AVE Station House, a 13-story, 301-unit luxury multifamily…
JLL Capital Markets arranges loan for value-add multifamily asset with direct Blue Line access & ocean views in Boston’s fastest-growing coastal submarket
S2 Capital’s Scott Everett already has $400 million in apartment foreclosures. Now, lenders are suing him for what they claim he owes. Capital One is seeking a $11.5 million judgment against Everett after he defaulted on an $85.2 million loan from the bank, according to an Aug. 4 filing in New York Supreme Court.…
Timberlane Partners has secured $52 million to refinance Sumner Mill Apartments, a 162-unit multifamily community outside of Seattle and Tacoma, Wash., Commercial Observer can first report. Mesa West provided the debt, structured as a short-term, first-mortgage loan, while BWE’s Jake Roberts arranged the…
The federal government and the City of Toronto are putting more than $2.7 billion behind 18 rental housing projects across the city over the next three years, Prime Minister Mark Carney and Mayor Olivia Chow announced Wednesday. The portfolio is expected to produce more than 5,600 rental homes in total, spanning…
CBL Properties and Greystar broke ground on a mixed-use development at CoolSprings Galleria in Franklin, Tennessee. The project will bring 361 residences and approximately 15,000 square feet of new retail and restaurants to the CoolSprings Galleria campus. In June, CBL announced it had sold a 5.35-acre parcel of…
The United Group of Companies closed on a $52 million loan to refinance Alloro at University Groves, a 55+ apartment community at 3540 Broadway Ave, in Sarasota, Florida. A Walker & Dunlop Capital Markets Real Estate Finance team led by Walker Layne, Matthew Wallach, Stephen West, Austin Sneed, and Tyler Evenson…
MONTEREY PARK, CALIF. — The Olson Co. has acquired a 7.9-acre office campus in Monterey Park, located east of downtown Los Angeles, for $24.8 million. The buyer plans to redevelop the two-building, 120,191-square-foot property into a residential community. Originally built in 1980, the campus was previously owned…
FRANKLIN, TENN. — McShane Construction Co. has delivered Ellison Cool Springs, a 332-unit apartment community located at 2000 Aspen Way in Franklin, a southern suburb of Nashville. The co-developers are Flournoy Development Group and National Healthcare Corp. (NHC). Designed by Dynamik Design, the property features…
The Tenderloin Neighborhood Development Corporation and Chinatown Community Development Center have opened 730 Stanyan, a 160-unit, entirely affordable apartment complex built on the Haight-Ashbury lot San Francisco bought and cleared after a shuttered McDonald's became one of the neighborhood's most persistent…
GALVESTON, Texas – (Realty News Report) –- Tiara on the Beach, a 10-story condominium project under construction in Galveston, is slated to open in the summer of 2027. “Tiara on the Beach’s construction milestone marks a pivotal moment in the development of Galveston’s first new condominium project in 15 years,”...…
The bank's second infusion into the 29-acre Dogpatch megaproject pairs a construction loan for a 342-unit building with equity in an untested fund, putting institutional capital behind the proposition that housing for households earning too much for subsidy and too little to absorb market rents can pencil as an…
New self-service solution delivers underwritten offers in about a minute, enabling operators to activate furnished rentals in as little as 30 days with no long-term commitment New self-service solution delivers underwritten offers in about a minute, enabling operators to activate furnished rentals in as little as…
CHICAGO — Related Midwest has begun leasing for the North Tower of 400 Lake Shore Drive, a 72-story apartment tower in Chicago’s Streeterville neighborhood. Once complete in March 2027, the 857-foot high-rise will deliver 635 rental apartments on the waterfront site. The North Tower comprises two distinct rental…
Der börsennotierte Wohnungsbauträger Instone kann in seinen Geschäftszahlen zum ersten Halbjahr noch keinen Ertragsaufschwung zeigen. Das zweite Halbjahr soll den Turnaround bringen.
Develia has begun construction of Żywiecka Vita, a 12-storey residential building in the Wrzeszcz Dolny district of Gdańsk. Designed by AKO Architekci, the development will deliver 127 apartments ranging from 27 to 114 sqm, spanning studio to four-room layouts. Completion is scheduled for the second quarter of…
🏆 Residential: Miami had the most expensive residential sale to hit records. A trust scooped up the home at 4040 Kiaora Street for $22.5 million from an affiliate of luxury homebuilder Pascal Nicolai. Built last year, the home measures 8,500 square feet and has six bedrooms, seven and a half bathrooms and a guest…
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 a BlackRock-managed investment entity. According to… The post BlackRock Acquires 11-Property Camden Portfolio for $1.6B appeared first on…
ATLANTA — Capstone Building Corp. has completed construction of Herndon Square Phase II, a $57 million development that’s part of the larger Legacy at Herndon Square redevelopment in Atlanta’s Westside.… The post Construction Wraps on Phase II of Atlanta Public Housing Redevelopment appeared first on Multifamily &…
NEW YORK CITY — Walker & Dunlop has arranged a $137.5 million refinancing loan for 12 Halsey, a 240-unit mixed-income development in the Bedford-Stuyvesant neighborhood of Brooklyn. EJS Group and… The post EJS, Hope Street Secure $137.5M ReFi for Brooklyn Development appeared first on Multifamily & Affordable…
CHICAGO — Tree Street Group, along with partners Magellan Development Group and Mark Goodman & Associates, have begun construction of 410 N. Elizabeth, a two-tower high-rise community in Chicago’s Fulton… The post Tree Street Group, Partners Break Ground on Chicago High-Rise appeared first on Multifamily &…
Starting in September, the Computer Centre and Huyton Annexe in the town centre will be demolished to make way for Genr8 Kajima Regeneration and Knowsley Council’s St Michael’s Place: a series of affordable apartments, a hotel, and 85,000 sq ft of offices centred around a village green. The post £200m Huyton regen…
New LH President Lee Sung-hoon pledged to accelerate housing supply by shortening compensation procedures and recruiting temporary staff, and to convert LH's Seoul Gangnam headquarters site into youth housing.
Geschäftszahlen. LEG Immobilien denkt erstmals in seiner Geschichte über Aktienrückkäufe nach. Die könnten stattfinden, wenn sich keine Investitionen finden lassen, die höhere Wertsteigerungen ermöglichen.
Archicom uruchomił pierwszy hub mobilności na osiedlu Modern Mokotów w Warszawie. Mieszkańcy mogą wynajmować samochody na godziny lub dni bezpośrednio z garażu podziemnego. Projekt ma zostać rozszerzony na kolejne miasta.
Woningcorporatie Portaal stelt dat zij ongeveer 3.000 extra sociale huurwoningen kan bouwen als de vennootschapsbelasting voor corporaties wordt afgeschaft. Volgens de corporatie beperkt de oplopende belastingdruk de ruimte voor nieuwbouw, verduurzaming en investeringen in buurten.
Mercator Estates VI, spółka z grupy Mercator Medical, zawarła warunkowe przedwstępne umowy kupna dwóch działek w Krakowie w rejonie ulicy Wrocławskiej. Deweloper zamierza zbudować na nich mieszkania.
CIC has rehabbed nearly 70,000 units through roughly 2,800 loans totaling $1.8B since 1984.
Clara Homes landed a $101.5 million refinancing for the first two phases of a luxury multifamily development in Bay Harbour Islands. Hudson Bay Capital provided the loan for the project at 10281 West Bay Harbor Drive and 1147-1155 100th Street, which is a part of the three-phase Clara Bay Harbour apartment…
Tishman Speyer is moving into the Charlotte market with a bang: a $76.3 million purchase of a multifamily complex in Dilworth. The Berkshire Dilworth complex at 1351 East Morehead Street has 296 units that span floorplans from studio to two bedrooms. The ground floor of the complex has 3,000 square feet of space…
JLL Capital Markets has been retained by Traingle Equities as sales advisor for Lighthouse Point, a newly completed, transit-oriented, Class A multifamily waterfront development located at 5 Bay St. in the St. George neighborhood of Staten Island. The asking price is $45 million. Lighthouse Point is a mixed-use…
Lightstone Capital, Lightstone’s real estate debt platform, recently closed three originations totaling $70 million across California and Texas. The financings include two multifamily communities in the San Diego region and an industrial property in the greater Houston logistics corridor. In California, Lightstone…
Shopoff Realty Investments has sold a proposed 1.06-acre condominium development, Park Palm in Newport Beach, to Shea Homes for an undisclosed sum. The property is part of Shopoff’s master plan community, Uptown Newport Village, and is entitled for 23 townhomes. Shopoff acquired the 25-acre Uptown Newport Village…
NAI Capital Commercial executive managing director Ryan Campbell, SIOR, represented The Olson Company in its $24,850,000 acquisition of a 7.9-acre office campus at 601 Potrero Grande Dr. and 2100 Saturn St. in Monterey Park. The campus includes two office buildings totaling 120,191 square feet. The buyer plans to…
Bell Partners has acquired Reading Commons, a 204-unit apartment community completed in 2006 and located in Reading, MA, roughly 30 minutes north of downtown Boston. The deal brings the multifamily investment manager and operator’s Greater Boston ownership and management portfolio to more than 1,450 units. Located…
Drever Partners announced the start of pre-leasing for Live Oak Apartments, a new apartment community offering a mix of studio and one-bedroom homes in the heart of Branson’s Theater District. Located at 3011 W. 76 Country Blvd., Live Oak Apartments transformed a former hotel into a residential community that…
The Poplar and The Darien apartment buildings in Philadelphia's Poplar neighborhood have hit the market.