What happened, and who moved.
PHILADELPHIA — Local developer Keystone has completed an office-to-residential conversion project in Philadelphia’s Independence Mall district. Designed by Tantillo Architecture and built by Fasttrack Construction, the project transformed the historic, 12-story building at 400 Market St. into a 176-unit apartment…
ELIZABETH, N.J. — Berkadia has brokered the $8.7 million sale of Aberdeen Arms Apartments, a 52-unit building located in the Northern New Jersey community of Elizabeth. Built in 1965, Aberdeen Arms offers 10 one-bedroom units and 42 two-bedroom units and was fully occupied at the time of sale. Nat Gambuzza, Trevor…
GMH Communities (GMH), in partnership with AEW Capital Management (AEW), completed land acquisition for the development of a 20-story, 382-unit luxury residential mixed-use tower, ANOVA The Pearl, located within The Pearl innovation district in Charlotte, North Carolina. The property is anticipated to open for…
Kamson Corp. paid $90.5 million for a 400-unit condominium complex in West Palm Beach, with plans to convert the units into apartments. An Institutional Property Advisors team consisting of Luke Wickham, Shelton Granado and Justin Basquill, along with Evan Kristol from Marcus & Millichap, brokered the sale. “The…
The Richman Group closed on $225 million in permanent financing across three fully stabilized Florida luxury multifamily communities–each in excess of their original construction loans. The refinancing deals, totaling $107 million for The Marc in Palm Beach Gardens, $72.5 million for Everly in Naples, and $45.5…
MESA, ARIZ. — Geringer Capital has sold Avia 266, a 267-unit apartment community in Mesa, to San Diego-based ColRich for $52.4 million, including the assumption of an existing HUD loan. ColRich will rename the property The Remy. Matt Pesch, Asher Gunter and Austin Groen of CBRE represented the seller in the deal.…
POMONA, CALIF. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the $36.7 million sale of Terramonte at Foothill, an apartment property in the Inland Empire city of Pomona. Positive Investments sold the asset to Sack Capital Partners for $265,942 per unit. Kevin Green, Chris…
MONROE, N.C. — Regions Real Estate Capital Markets has originated a $64.3 million Freddie Mac loan for the refinancing of Elevate Rocky River, a 360-unit apartment community in Monroe, about 28 miles southeast of Charlotte. Andrew Buckley was Region’s loan originator on behalf of the borrower, Greensboro,…
WESTFIELD, IND. — Northmarq has arranged debt and equity capital totaling $52.1 million for Maple Knoll Apartments, a 300-unit, garden-style community in Westfield. Annamarie Bjorklund and Cody Field of Northmarq arranged the financing on behalf of the borrower, Hudson Investing, through a repeat equity partnership…
GREENWICH, CONN. — The Richman Group, a multifamily owner and operator based in Greenwich, has obtained loans for the refinancing of three luxury apartment communities in Florida totaling approximately $225 million. The deals include a $107 million loan via New York Life Investment Management (NYLIM) for The Marc…
One of Berlin's most recognisable high-street shopping destinations is reinventing itself in real ti ...
Der Betreiber von Serviced Apartments FU Life wird ab dem Jahr 2028 gut 217 Apartments im Boulevard Berlin betreiben. Insgesamt hat das Unternehmen einen langfristigen Mietvertrag über 12.000 qm geschlossen.
POMONA, CALIF. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the $36.7 million sale of Terramonte at Foothill, an apartment property in Pomona. Positive Investments sold the asset to Sack Capital Partners for $265,942 per unit. Kevin Green, Chris Zorbas, Joseph Grabiec,…
Martin Inderman’s Abilene multifamily project could help ease the city’s AI boom-fueled housing crisis. The Lubbock-based developer secured a $66 million construction loan to build The Lariat at Abilene, a 312-unit complex to be built at a 13-acre development site on McKinley Drive, Traded first reported. Dwight…
WESTFIELD, IND. — Locally based Hudson Investing has obtained financing to acquire Maple Knoll Apartments, a 300-unit community in the Indianapolis suburb of Westfield. Northmarq’s Annamarie Bjorklund and Cody Field… The post Hudson Investing Secures $52.1M in Debt and Equity to Acquire Metro Indianapolis Asset…
ST. CLOUD, FLA. — Adam America Real Estate and Stellar Communities have obtained a $35.1 million construction takeout loan for Havens at Hickory Reserve, a newly completed 134-unit townhome build-to-rent… The post Joint Venture Secures $35.1M Refinancing for Newly Completed BTR Project in Orlando Metro appeared…
SEATTLE — Nordic Real Estate has acquired Monticello, a 107-unit community at 415 Boren Ave. in Seattle’s First Hill neighborhood. Dylan Simon, Jerrid Anderson and JD Fuller of Kidder Mathews… The post Nordic Real Estate Buys Monticello in Seattle’s First Hill appeared first on Multifamily & Affordable Housing…
RS Group has completed Rezidence U Sadů, a 54-unit residential building in Hradec Králové, Czech Republic. The project, which won the Real Estate Project of the Year 2025 award for the Královéhradecký region, has seen 51 of its 54 apartments sold ahead of completion, with only three units remaining. Layouts range…
This is a news article published by EdgeProp Malaysia on August 3, 2026, reporting on a construction contract secured by Nestcon valued at RM74.5 million for building an affordable apartment block in Kwasa Damansara, Kuala Lumpur.
A $506 million CMBS backed by New York rent-stabilized apartments faces foreclosure as Mayor Mamdani's rent freeze threatens to deepen bondholder losses. The post New York Rent Freeze Deepens CMBS Losses on Stabilized Housing Portfolio appeared first on Propmodo .
BUFFALO, N.Y. — The Habitat Co., along with partners Duvernay + Brooks and Bridges Development, an affiliate of the Buffalo Municipal Housing Authority, has started construction of the first phase… The post Habitat Starts Construction of First Phase of $600M Affordable Housing Redevelopment in Buffalo, New York…
Paladin Realty Partners LLC, has expanded its growing workforce rental housing portfolio in Southern California with the recent acquisition of Brownstone Apartments, a 17-unit apartment community located in Bellflower. Built in 1967, the property has nine one-bedroom units, seven two-bedroom units and a studio…
Walker & Dunlop, Inc. arranged a $137.5-million refinancing for 12 Halsey, a newly completed Class A mixed-use multifamily property located in Brooklyn’s Bedford-Stuyvesant neighborhood. Walker & Dunlop Capital Markets Institutional Advisory advised EJS Group and Hope Street Capital in arranging the three-year,…
Institutional Property Advisors (IPA), a division of Marcus & Millichap dedicated to serving the company’s institutional clients, closed the sale of Terramonte at Foothill, a 138-unit multifamily asset in Pomona. The $36.7-million sale price represents $265,942 per unit. “The sale is one of only four 100-plus-unit,…
BFC Partners and SAA Canopy Group have closed on a $269-million construction loan to transform the long-standing Parkside Commons housing complex on Syracuse’s East Side. The project will deliver a total of 393 affordable apartments through a combination of renovated and newly constructed housing. “Our mission at…
Investment firm Egeria Group acquired a 93-unit portfolio in Fenway for $37.5M, highlighting the market's investor demand.
Marcus & Millichap arranged the sale of 5655 West Fullerton Avenue, a mixed-use property featuring 24 multifamily units and four retail suites, in the Belmont Cragin neighborhood of Chicago. “Belmont Cragin continues to attract investor interest due to its strong transportation connectivity, with convenient access…
A development team of Slate Property Group, The Hudson Companies and Volunteers of America–Greater New York was selected to build nearly 1,000 apartments on a long-vacant lot in the Hunter’s Point South neighborhood of Long Island City, Queens. To be known as The Orion, the three-building, $700-million project…
Northmarq’s Debt and Equity team, led by Annamarie Bjorklund and Cody Field, arranged $52.15 million in debt and equity capital for Maple Knoll Apartments, a 300-unit garden-style multifamily community at 500 Bigleaf Maple Way in Westfield, Indiana. Northmarq arranged the debt and equity on behalf of the borrower,…
All the week's top deals in Southern California.
HOUSTON – (Realty News Report) – Resia Ten Oaks, a 573-unit apartment high-rise in the Energy Corridor, has been sold along with another Texas property in a nearly 900-unit portfolio deal. Spirit Investment Partners, in partnership with global alternative investment firm Strategic Value Partners, announced the…
Monticello, a 107-unit apartment community located at 415 Boren Ave in Seattle’s First Hill neighborhood, has been acquired by Nordic Partners Investments. Built in 1957, Monticello spans 42,342 net rentable square feet across 107 units in the heart of Seattle’s urban core. The off-market acquisition drew multiple…
CBRE has arranged an $85 million loan for Mi-Place at Downingtown, a newly developed 318-unit multifamily community located at 800 Horseshoe Pike in Downingtown, Pennsylvania. Matthew Klauer and Cassandra Russell of CBRE Capital Markets’ Debt & Structured Finance team in Philadelphia arranged the financing on…
Strategic Value Partners acquired a 895-unit multifamily portfolio from Resia. The portfolio comprises the 573-unit Resia Ten Oaks community in Houston and the 322-unit Resia Rayzor Ranch community in Denton, Texas. Completed in 2024, the Resia Ten Oaks and Resia Rayzor Ranch properties are high quality multifamily…
Phillip Procacci sold a development site near the Galleria Mall that he long planned to develop, most recently proposing a 259-unit multifamily project. Boca Raton-based Procacci Development, through an affiliate, sold the 2.4-acre vacant lot in Fort Lauderdale to an entity tied to Dallas-based multifamily company…
S2 Capital founder Scott Everett informed investors in his $400 million first fund that their money was gone on July 1. An online storm followed, sparked by a user who tweeted news about the fund paired with images of Instagram posts posted by Everett’s wife, Brittney. They showed the couple on a luxurious vacation…
Get your syndicator bingo card out for Tuesday’s foreclosure auctions. At least six multifamily syndication firms could lose control of apartment properties at this month’s sales, including S2 Capital, Nitya Capital, GVA Management and Lurin Capital. The value of syndicators’ troubled loans is just under $600…
Auf dem früheren Steinbach-Gelände im niedersächsischen Hohenhameln entstehen Pflegeapartments, Tagespflege und ein Café. Das berichtet HAZ online (Hildesheimer Allgemeine).
Linden Property Group, a multifamily real estate investment firm headquartered in Arlington, has acquired Tysons Crossing, a 217-unit apartment community in Virginia, in partnership with Akridge, a Washington, D.C.-based commercial real estate investment and development firm. The deal marks the largest acquisition…
Atlanta Beltline Inc. (ABI) is pursuing the construction of a mid-rise multifamily development at 350 Chappell Road. The Atlanta Business Chronicle reports the $62 million project includes 218 apartments, all of which will be rented at prices considered affordable for households earning between 30% to 80% of the…
Greystone provided $105.8M in Freddie Mac refinancing for two El Cajon, CA multifamily communities (476 units) for Bridge Investment Group.
The Menlo Park Planning Commission voted unanimously to let The Sobrato Organization split its long-approved Bayfront development into independently timed apartment and townhome phases, clearing the way to build 316 rental units near Meta while the for-sale townhome parcel is marketed to a specialist builder. The…
LYNNWOOD, WASH. — Weidner Apartment Homes has sold A’Cappella Apartment Homes in Lynnwood for $112 million. The Puget Sound Business Journal identifies Pacific Urban Investors as the buyer. Kyle Yamamoto, Eli Hanacek and Natalie Kasper of CBRE’s Pacific Northwest multifamily team represented Weidner in the…
BELMONT, CALIF. — Voya Financial has provided a $22 million permanent loan for an undisclosed multifamily community in the Bay Area city of Belmont. Keystone arranged the financing at a fixed interest rate of 5.47 percent. Additional details of the transaction were not released. The post Voya Financial Provides…
NEW YORK CITY — A joint venture between locally based developer Lonicera Partners, New York-based investment firm Rabina and Boston-based owner-operator The Davis Cos. has begun leasing a 43-story apartment tower at 55 Willoughby St. in downtown Brooklyn. Designed by Colberg Architecture and known as House 55, the…
WAUWATOSA, WIS. — Irgens has broken ground on Viridia Apartments, the company’s first multifamily development, at 10600 W. Wisconsin Ave. in Wauwatosa. The four-story, 204-unit market-rate community will serve as the final component of a larger, 14-acre mixed-use redevelopment by Irgens in the Milwaukee County…
SCHOFIELD, WIS. — Marcus & Millichap has brokered the $15 million sale of Schofield Mill Apartments, an 84-unit multifamily property in Schofield within central Wisconsin. The property is situated on 1.5 acres along the Eau Claire River. Built in 2022, the community features a mix of one-, two- and three-bedroom…
APEX, N.C. — Boston-based Marcus Partners has purchased a site off Jenks Road in Apex for the development of Alta Apex, a 280-unit apartment community. The project represents the first development in the Raleigh-Durham market for Marcus Partners, which is spearheading the construction from its Atlanta office along…
NEW YORK CITY — Locally based brokerage firm Ariel Property Advisors has arranged the $15.7 million sale of a multifamily development site in the Gowanus area of Brooklyn. The site is an assemblage of the parcels at 418 4th Ave., 416 4th Ave., 246 7th St. and 244A 7th St. and can support 57,640 buildable square…
🏆 Residential: The most expensive home sale to hit records in South Florida was in Boca Raton. A trust purchased the newly built home at 1642 Sabal Palm Drive for $21.5 million from John and Mary Hargrove, who purchased it for $6 million last year. The home, in the Royal Palm Yacht and Country Club, measures 9,400…
FAIRBURN, GA. — Vida Cos., an Atlanta-based multifamily, mixed-use and build-to-rent developer, has broken ground on Verona, a 280-unit community in Fairburn, approximately 20 miles southwest of Atlanta. Verona will… The post Vida Cos. Developing Verona in Metro Atlanta appeared first on Multifamily & Affordable…
HIALEAH, FLA. — Baron Property Group (BPG) has closed on a $226.5 million refinancing for Metro Parc, a 559-unit development in Hialeah that is now 50 percent leased. The financing… The post Baron Property Group Lands $226.5M Refinancing for Miami Project appeared first on Multifamily & Affordable Housing Business .
FRANKLIN, TENN. — Waterton, a Chicago-based real estate investor and operator, has acquired Wyndchase Aspen Grove in Franklin. The Nashville Business Journal reports the sales prices was approximately $128 million… The post Waterton Buys Metro Nashville Asset for $128M appeared first on Multifamily & Affordable…
Apartment prices in Seoul's Nowon-gu and Seongbuk-gu surged over seven to ten times year-on-year as anxious buyers flooded in, exposing weak trust in government housing supply plans.
Image CFO Dave Bragg says apartments are more attractive than they have ever been relative to home ownership over the past 25 years or so.
Image CEO Daniel Oberste discusses why migration, job growth, and affordability continue to support Sun Belt apartment fundamentals.
A multi-year overhaul transformed the REIT from a suburban office landlord into a focused, resilient multifamily operator.
August’s foreclosure auction blocks will be crowded with properties owned by multifamily syndicators, but two firms scored last-minute sales to avoid losing assets this week. Scott Everett’s Dallas-based S2 Capital offloaded Hathaway at Willow Bend Apartments in Plano to Granite Towers Equity Group, another North…
Dubai's property market recorded $15.3bn of transactions in July, up 17 per cent from June, led by a $45.2m luxury apartment sale
Grabbing the reins hasn’t kept Shai Wolkowicki in the saddle. When the Boca Raton, Florida-based investor ousted former partner Chikoo Patel in early 2025 and took control of their troubled apartments portfolio through his firm Ruby Development Group, he inherited an operational mess. Now, the bill for that…