What happened, and who moved.
Raleigh plans 200 affordable homes, driven by tax credits and private investments.
Harbor Group International beefed up its South Florida portfolio with a $109 million purchase of an over 500-unit apartment complex near Zoo Miami. The deal, which marked a $2 million gain from the property’s 2021 price, comes amid a cooling multifamily investment market in the region amid higher costs, elevated…
CBRE represented Weidner Apartment Homes in the sale of A’Cappella Apartment Homes, a 387-unit multifamily community in Lynnwood, Washington, for $112 million. Kyle Yamamoto, Eli Hanacek and Natalie Kasper of CBRE’s Pacific Northwest Multifamily team represented the seller. Built in 1989, A’Cappella is located at…
ColRich acquired Avia 266, a 267-unit multifamily community in Mesa, AZ, for $52.4 million, including the assumption of an existing HUD loan. The buyer intends to rename the property The Remy. The sales price comes out to just under $200,000 a unit. Geringer Capital was the seller. Geringer paid $45.25 million for…
Krea USA nabbed a $61.8 million construction loan for a multifamily development in Lauderhill, Fla., property records show. The financing from Abanca Bank covers the 385-unit Le Parc at Lauderhill development, at 3831 Northwest 13th Street, just east of the Lauderhill Mall and North State Road 7. The 10-acre…
BlackRock has acquired more than 3,600 rental residential units in Southern California in one of the region’s largest commercial real estate deals in recent memory. It’s also the largest U.S. multifamily sale since June 2024. One of the investment vehicles run by the asset management titan put down $1.63 billion…
Camden Property Trust’s Southern California portfolio sale marks the largest multi-housing transaction in the US since June of 2024
JLL facilitates loan for mixed-use development featuring Sprouts Farmers Market and age-restricted luxury rental units
JLL Capital Markets said Wednesday it had arranged the $1.625-billion sale and financed a significant portion of the portfolio of an 11-property, 3,620-unit multifamily portfolio spanning Southern California’s most supply-constrained submarkets. The transaction by Camden Property Trust represents the largest U.S.…
Gary, Indiana is gearing up for fireworks in August as an $80 million blight elimination program is set to begin the demolition of vacant, derelict buildings. After demolishing the buildings, the city is hoping to revitalize its downtown with new developments including a new train station, offices and apartments,…
Ultimate Equity has acquired a 69-unit townhome community in Hollywood, Fla., for $32 million, Cushman & Wakefield announced. The gated community called Royal Oaks in the Emerald Hills neighborhood changed hands in an all-cash 1031 exchange acquisition at a record price per unit for the submarket, and a…
The sale is one of the largest condominium-to-multifamily rental conversions in Florida.
Prosper Group and European firm Versluys Group bought a condo development site on the Miami River in Brickell for $50 million. They put the 1-acre lot under contract last year from Harvey Hernandez’s Newgard Development Group and Two Roads Development. The property was part of the sellers’ One Brickell Riverfront…
CHARLOTTE, N.C. — New York-based Tishman Speyer has purchased Berkshire Dilworth, a 296-unit apartment community located at 1351 E. Morehead St. in Charlotte. Berkshire Residential sold the property to Tishman Speyer’s TS Plus fund for $76.3 million, according to the Charlotte Business Journal. The community is…
ATLANTA — A partnership between Pennrose, Radiant Development Partners and public partners including Atlanta Beltline Inc. has broken ground on Overlook at Garson, a 130-unit affordable housing community in Atlanta’s Buckhead district. The development is situated along the Beltline’s Northeast Trail at the…
MIDLOTHIAN, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of a 236-unit apartment complex in the southern Dallas suburb of Midlothian. Built in 2020, The Mark at Midlothian offers one- and two-bedroom units with an average size of 881 square feet and…
Six units totalling 7,700 sq ft remain unoccupied a year after the developer’s 195-home Hartley Locks scheme on Lightbody Street completed. Now, Torus has requested to make a change it hopes will secure some deals. The post Torus seeks planning tweak to let Liverpool commercial space appeared first on Place North…
Summa Terra Ventures and M13 Construction obtained a $50 million construction loan for Vic Centre Apartments, a 268-unit Class A multifamily community in Fort Worth. Concord Summit Managing Director David Larson and Director Keegan Burger arranged the financing on behalf of the project sponsor. The financing was…
Another multifamily community in Greater Phoenix sold to an out-of-state investor. San Diego-based ColRich acquired the Avia 266 apartments at 2354 West University Drive in Mesa for $52.4 million, AZ Big Media reported. Beverly Hills-based Geringer Capital was the seller of the 267-unit property, which will be…
CHARLOTTE, N.C. — A partnership between GMH Communities, AEW Capital Management and Wexford Science & Technology LLC has acquired land within The Pearl innovation district in Charlotte. The partners plan to develop ANOVA The Pearl, a 20-story, 382-unit luxury apartment tower. Completion is slated for summer 2028.…
Brook Farm Group refinanced The Sinclair at Callaway Farm, a 388-unit, Class A multifamily community in Covington, Georgia. The $73 million refinancing from Prime Finance replaces the initial construction loan and preferred equity investment from the project’s inception in 2023. The refinancing was facilitated by…
A joint venture between Prosper Group and Belgium’s Versluys Group closed on a three-parcel assemblage for $50 million. Vaster provided a $30.5 million acquisition loan. The off-market site was acquired from Two Roads Development and Newgard Development Group. The assemblage is located at 66 SW 6th Street, 625 SW…
California Attorney General Rob Bonta's office has stepped into the long-running fight over N17's 80 Willow Road development, warning Menlo Park that it can no longer withhold streamlined approval of the 665-home project or force the developer to bankroll the city's outside legal bills. The post California Attorney…
Rowland Hobbs is CEO and co-founder of Stake, a fintech platform that rewards renters with cash back, working to make renting financially rewarding. Before Stake, he led design and innovation at Teneo and served as head of product design for Accenture North America, and he founded Post+Beam, an innovation design…
Der Verband bayerischer Wohnungsunternehmen (VdW Bayern) hat jetzt seine eigene Stiftung. Diese soll Menschen in schwierigen Lebenslagen unterstützen.
Auf dem Grundstück Mergentheimer Straße 160 in Würzburg-Heidingsfeld entsteht ein Bankstandort mit Apartments. Das schreibt mainpost.de.
PAWTUCKET, R.I. — New York City-based Global Asset Management Group (GNAM) is underway on the $92 million redevelopment of the 386,404-square-foot former Memorial Hospital campus in Pawtucket, located just north of Providence. Plans currently call for approximately 200 residential units, including both market-rate…
RANDOLPH, N.J. — LJS Development has broken ground on Sussex Woods, a 25-unit affordable housing project in the Northern New Jersey community of Randolph. Sussex Woods will feature five one-bedroom units, 12 two-bedroom residences and eight three-bedroom apartments. All units will be reserved for households earning…
122 sprzedane apartamenty i ponad 250 mln zł wartości podpisanych umów w zaledwie pół roku. Liberty Tower, powstający w centrum Warszawy, należy dziś do najszybciej sprzedających się inwestycji mieszkaniowych premium w Polsce.
An der Heisenbergstraße im oberbayerischen Altenerding entstehen 116 Eigentumswohnungen in vier Häusern. Das meldet der Dorfener Anzeiger.
Chicago’s suburban multifamily market is off to a strong start in the second half of the year as new supply lags and experienced investors trade properties. Just last week, two suburban apartment complexes traded for $78 million, public records show. The deals come after the second quarter finished on a high note…
CHICAGO — Related Midwest has begun leasing the north tower of 400 Lake Shore Drive, a 72-story community in Chicago’s Streeterville neighborhood. Full completion is slated for March 2027. The… The post Related Midwest Begins Leasing Chicago Tower appeared first on Multifamily & Affordable Housing Business .
WEST PALM BEACH, FLA. — Kamson Corp. has acquired the 400-unit Ponte Verde at Palm Beach Lakes in West Palm Beach for $90.5 million. The New Jersey-based buyer plans to… The post Kamson Corp. Buys Florida Condo Property for $90.5M, Plans Multifamily Conversion appeared first on Multifamily & Affordable Housing…
NEW YORK CITY — JPMorganChase has announced it will deploy $750 billion to support affordable housing production through 2035. Called the American Dream Initiative, the $750 billion commitment will serve… The post JPMorganChase Commits $750B to Increase Housing Supply appeared first on Multifamily & Affordable…
POMONA, CALIF. — Positive Investments has sold Terramonte at Foothill in Pomona to Sack Capital Partners for $36.7 million. IPA’s Kevin Green, Chris Zorbas, Joseph Grabiec, Alexander Garcia Jr. and… The post Inland Empire Asset Trades for $36.7M appeared first on Multifamily & Affordable Housing Business .
122 sprzedane apartamenty i ponad 250 mln zł wartości podpisanych umów w zaledwie pół roku. Liberty Tower, powstający w centrum Warszawy, należy dziś do najszybciej sprzedających się inwestycji mieszkaniowych premium w Polsce.
Resi Capital by Cavatina has recorded sales of more than 250 million złoty across 122 apartments at Liberty Tower, a 140-metre residential tower under construction on Grzybowska Street in central Warsaw, within six months of the project launching in February 2026. The pace of sales, exceeding 20 units per month,…
Im Umfeld des Fritz-Walter-Stadions in Kaiserslautern sollen rund 500 Wohnungen entstehen. Der Realisierungswettbewerb entscheidet sich Ende des Monats. Das berichtet Die Rheinpfalz.
Vonovia-CEO Luka Mucic ist mit der operativen Entwicklung des Wohnkonzerns im ersten Halbjahr zufrieden. Sein Finanzvorstand muss unterdessen steigende Refinanzierungskosten managen.
Burtville's Ville 11 in Masdar City has begun unit handovers 14 months early, signalling strong momentum in Abu Dhabi's real estate sector
The former Beever & Struthers office on Chester Road is to be knocked down to pave the way for the site to be redeveloped into 162 homes under plans being readied by the developer. The post Glenbrook works up more Manchester resi appeared first on Place North West .
De Afdeling bestuursrechtspraak verklaart de bezwaren ongegrond tegen de omgevingsvergunning die het college van B&W van Haarlem heeft verleend voor een appartementengebouw aan de Toekanweg in Haarlem. Daarmee is de vergunning voor een appartementengebouw met 823 woningen, 218 parkeerplaatsen en 5.000 m2 aan…
Der Bauträger und Projektentwickler Weisenburger hat mit dem Bau von 46 Eigentumswohnungen in Stutensee bei Karlsruhe begonnen.
The owners of Lakeside Towers are hopeful that they will be third time lucky in their latest collective sale attempt. The 144-unit development has secured the consent of over 80% of the owners to launch the collective sale at the reserve price of $350 million. The 153,237 sq ft site is zoned "residential" with a…
Apollo invests $1 billion in Starwood REIT's affordable housing portfolio as the non-traded fund works to restore liquidity and ease redemption pressures. The post Starwood REIT Sells $1 Billion Stake in Apartments to Free Redemption Pressures appeared first on Propmodo .
Related Midwest announced the start of leasing for the North Tower of 400 Lake Shore Drive, the 72-story residential tower in Chicago’s Streeterville neighborhood. Once complete in March 2027, the 857-foot high-rise will deliver 635 rental apartments. “This is more than a residential tower; it is a revitalization…
Colliers completed the $8,500,000 sale of a multifamily complex located at 1775 Beloit Av. in West Los Angeles. Vice chair Kitty Wallace represented both the buyer, UCLA Housing Group, and the seller, Enterprise Bank. The sale was completed through a court-appointed receivership process. UCLA Housing Group plans to…
Metropolis is considering converting NBC Tower's offices into apartments, with partner support and other commercial real estate deals in the Chicago area.
Tishman Speyer's first Charlotte deal: a $76.3M multifamily buy in Dilworth.
Marcus & Millichap (closed the sale of 915 Johnfer Way, a 34-unit multifamily property in Sacramento. The property sold for $5.6 million or $164,705 per unit. Marcus & Millichap Capital Corporation (MMCC), a subsidiary of Marcus & Millichap, secured $3.7 million in acquisition financing on behalf of the buyer.…
Abu Dhabi home prices climbed 17.8 per cent in Q2 2026 as office rents surged 27.3 per cent and apartment demand continued to outpace villas
Daniel Management Group (DMG), a Chicago-based real estate firm focused on multifamily investment and management, has been awarded a new management assignment for The Quarry. The property was developed by Sterling Hall Capital and offers 154 luxury apartments in Fox Lake, Illinois, a northwest Chicago suburb. The…
The owner of the NBC Tower at 455 Cityfront Plaza wants to renovate a dozen floors in the mid-rise portion of the 37-story tower into apartments. Metropolis Investment Holdings, who represents the German investor who owns the property, has partnered with Chicago-based Riverside Investment & Development on the…
Two vacant office buildings near Costco’s Issaquah headquarters could be converted into 262 apartments instead of corporate workspaces. The empty properties are being targeted for residential reuse. Vintage Housing, a Newport Beach, California-based developer, is looking to convert 410,848 square feet of vacant…
Even as lenders have gotten back into the market for commercial real estate debt sources, they remain choosy and stringent. At the upcoming Texas Multifamily 2026 in-person event set for August 13 in Dallas, a panel of lending experts will provide conference attendees with insiders’ perspectives on how deals are…
A joint venture of Branch Capital Partners and Oaktree Capital Management bought a 109-unit Chicago apartment complex on the 606 trail for $41 million from Chicago-based LG Development Group. The property, called Trailhead Apartments, sits at 1744 North Western Avenue, according to Crain’s. The deal for the…
LA MESA, CALIF. — Marcus & Millichap has arranged the $12.5 million sale of Guava Gardens, an affordable seniors housing community in La Mesa, located in San Diego County. Los Angeles-based Positive Investments was the buyer. Built in 1986, the property totals 81 units, with 40 studio apartments and 41 one-bedroom…
Hines has plans for a mixed-use development called The Gallery, which will include a 250,000-square-foot office tower; a 19-story, 302-unit multifamily tower; and 50,000 square feet of retail use. The project in SouthPark will replace a single-story retail building at 6601 and 6555 Carnegie Blvd., which currently…
EL PASO, TEXAS — JLL has negotiated the sale of Palomar West, a 248-unit apartment complex in El Paso. The property was built on a 10.6-acre site on the city’s west side in 1986 and offers one- and two-bedroom units with an average size of 701 square feet. Amenities include a pool, fitness center and a resident…
NEW YORK CITY — Walker & Dunlop has arranged a $137.5 million loan for 12 Halsey, 240-unit apartment building in Brooklyn’s Bedford-Stuyvesant neighborhood. Completed last fall, 12 Halsey occupies a full city block and offers studio, one- and two-bedroom units, 30 percent of which are reserved as affordable…