What happened, and who moved.
Dubai real estate sector saw $2.6bn of transactions and 2,850 sales last week, including luxury Palm Jumeirah apartment

Sack Capital Partners, a San Francisco-based real estate investment and management firm, and Align Finance Partners have closed structured financing for Step Up Housing’s acquisition of two California multifamily communities: Copper Creek, a 268-unit community in Sacramento; and Terramonte at Foothill, a 138-unit…

Pennrose held the grand opening of Forge, a new mixed-income rental community for individuals and families in Lenox, MA. The community features 65 apartment units across 13 townhome-style buildings, along with a modern clubhouse and shared amenity spaces. “With few affordable housing options in the area, Forge will…

Beam Reach is proposing a multifamily development converting a former Google building in Sunnyvale into 265 residential units.

San Francisco's new family zoning plan has enabled initial housing projects to proceed, though construction cost barriers are constraining pipeline momentum.

Flow purchased a troubled multifamily high-rise in San Jose for $175 million, marking the company's entry into the West Coast market.

Ballast completed a $35M acquisition of a multifamily building in San Francisco.

San Francisco multifamily rents are rising to new highs, driven by AI hiring and constrained supply, while the broader U.S. apartment market stalls.

Prime Residential acquired multifamily assets in San Francisco's Castro District.

Brooklyn-based Heights Advisors has filed a land use application to build 606 mixed-income apartments in the Soundview section of the Bronx. The 21-story, 515,000-quare-foot mixed-use building at 945 White Plains Rd. would rise on a site currently occupied by a low-rise retail building housing Modell’s Sporting…

CEDARst Companies has closed on construction financing and launched construction on a 197-unit multifamily development, The Samuel, located at the corner of Adams Avenue and Idaho Street in San Diego’s North Park neighborhood. CrossHarbor Capital Partners provided an $80,000,000 construction loan for the project.…

GREA announced the sale of Glenwood Station, a newly delivered 159,000-square-foot, 86-unit luxury apartment development located in downtown Glen Ellyn, Illinois. The transit-oriented property was developed by Holladay Properties and opened to residents in the spring of 2025. The GREA Chicago team of Christopher…

Varia US joins Brookfield in a $694M joint venture focusing on high-quality U.S. multifamily properties.

Varia US Properties AG, the Swiss-listed investor in the U.S. multifamily sector, externally managed by Stoneweg, an SWI Group Company, has formed a US$693.9 million two-vehicle joint venture with affiliates of Brookfield Asset Management for 13 of Varia’s 17-property U.S. multifamily portfolio. The JV provides…

The buzzword at this year’s Connect CRE Texas Multifamily conference was a dirty one: fraud. As industry experts gathered at the Joule in Downtown Dallas to discuss the Lone Star State’s once-blazing apartment market, conversations among the event’s panelists repeatedly visited the sorry state of Texas’ Class C…

A Golden apartment complex traded hands in a rare multifamily sale in the Denver suburb. Las Vegas-based Sierra Parkway Communities bought the Fox Hill Apartments, a 153-unit community at 17611 West 16th Avenue in Golden, for $32 million, the Denver Business Journal reported. The price pencils out to $209,000 per…

Related Group recently paid $9.3 million for a development site at a Fort Lauderdale office park at 6700 N. Andrews Ave. Naya USA was the seller. CPN West retained ownership of the 309,243-square-foot office building there. Last year, Related Group filed plans to develop the vacant portion of this site with…

Residence One reports Allen House luxury residential project in Kensington has achieved 50% sales completion and outperformed comparable schemes.

FORT WORTH, TEXAS — Trademark Property Co. has completed The Vickery, a 321-unit multifamily project in downtown Fort Worth. Designed by GFF and developed in partnership with SCOA Real Estate Partners, The Vickery consists of 307 apartments, 14 townhomes and a 5,300-square-foot restaurant with a second-story…

Berkadia brokered the sale of MacArthur Park, a 290-unit, garden-style multifamily property in Augusta, Georgia. Christian DiCroce, Jim Sewell, Dave Lansbury, and Erika Maston of Berkadia Charleston led the transaction on behalf of ATC Development, the seller. MacArthur Park sold for $40.6 million and the sales…

On July 20, President Donald Trump signed three proclamations under Section 338 of the Tariff Act of 1930. The trade proclamations are scheduled to take effect on Aug. 19, 2026, and will impose a 50% tariff on certain goods entering the United States, including cement and plywood. Matt Long is a partner at Porter…

NEW YORK CITY — High Street Residential has topped out The Marq, a 25-story apartment building in Manhattan’s SoHo neighborhood. The Marq will offer 99 units, 25 of which will be reserved as affordable housing, as well as 2,072 square feet of retail space. Amenities will include a gym, sauna, meditation room,…

PORT ST. LUCIE, FLA. — The NRP Group has broken ground on a 312-unit luxury apartment complex located within the master-planned community of Tradition in Port St. Lucie. Situated on approximately 18 acres, the project will comprise 10 three-story buildings offering a mix of one-, two- and three-bedroom apartments…

Miami developer Aconcagua Group has landed $35 million of construction financing to complete a multifamily project in Miami-Dade County, Commercial Observer has learned. S3 Capital provided the loan for the third and final phase of the 374-unit Casa Princeton apartment community in Princeton, Fla. The deal closed…

LOS ANGELES — Walker & Dunlop has arranged a $33.2 million agency-backed loan for the acquisition of Palm Court Apartments in Los Angeles’ Miracle Mile neighborhood. Bryan Frazier, Blake Hockenbury, Steven Paskover, Sheri Blackburn and Dillon Hoffman of Walker & Dunlop Capital Markets Real Estate Financing secured…

MAUSTON, WIS. — CBRE has negotiated the $3.9 million sale of Riverwood Apartments in Mauston, about 70 miles northwest of Madison. The 32-unit multifamily community was fully leased at the time of sale. The property consists of four buildings on 3.2 acres along the Lemonweir River. Built in 1994, Riverwood…

An entity tied to Fortress Investment Group has sold the 91-unit apartment building at 520 Geary Street near San Francisco's Union Square to a Burlingame investor for $18.475 million, marking a roughly 50 percent markdown from what the property fetched at the market's 2018 peak. The post Fortress-Tied Owner Sells…

LAND O’ LAKES, FLA. — NexMetro has opened Avilla Silver Palm, a 180-home build-to-rent community in Land O’ Lakes, about 20 miles north of Tampa, Florida. This is NexMetro’s third… The post NexMetro Opens Third BTR Avilla Community in Metro Tampa appeared first on Multifamily & Affordable Housing Business .

CHARLOTTE, N.C. — Tishman Speyer has acquired Berkshire Dilworth, a 296-community in Charlotte. The purchase was completed with equity from a core-plus fund. The seller was Berkshire Residential. This marks… The post Tishman Speyer Acquires Charlotte Asset for $76.3M appeared first on Multifamily & Affordable…

BRANSON, MO. — On July 28, an entity doing business as 200 Bee Creek LLC acquired Bee Creek Apartments in Branson for $26.3 million. The property, located at 200 Buzz… The post LLC Buys Bee Creek in Branson, Missouri, for $26.3M appeared first on Multifamily & Affordable Housing Business .

ST. CLOUD, FLA. — Berkadia has arranged a $19.1 million loan for Miami-based Bayshore Investment Partners’ (BIP) acquisition of Ibis Park at Harmony West in St. Cloud, about 30 miles… The post Bayshore Investment Partners Acquires Metro Orlando BTR Development for $29.4M, Berkadia Arranges Acquisition Loan appeared…

Nuveen placed a NoMa mixed-use property featuring apartments and a ground-floor Harris Teeter supermarket on the market.

An apartment complex near Truist Park in Atlanta traded for more than $70 million.

Naftali Group closed a $465 million C-PACE loan, reportedly South Florida's largest, for a residential project at Miami Worldcenter.

Nuveen acquired a multifamily property in Atlanta's West Midtown neighborhood for $78 million.

A Chicago suburban apartment complex traded for approximately $88 million.

Kairoi Residential announced plans for a $75 million development on a prominent Uptown Dallas site in the Knox-Henderson area.

Bruntwood chief executive Chris Oglesby has mplans to convert the upper floors of the St Ann’s Square asset into apartments, including a penthouse taking up the entirety of the top floor. The post Oglesby puts in for Winters Building conversion appeared first on Place North West .

Seth Real Estate's plan to turn the former HMRC office block into 95 apartments will now progress to a Gateway 2 submission. The post Imperial Court conversion clears planning hurdle appeared first on Place North West .

New York City's Mamdani Administration issued a request for proposals for a 140-unit multifamily housing development in East Harlem.

New York City landlords filed a lawsuit against the Rent Guidelines Board, contesting a rent freeze decision and alleging procedural irregularities in the board's process.

Slate and Hudson Companies have been picked to develop a major multifamily housing project in Queens.

Milhaus and SRG Residential completed a merger and announced plans to acquire Broadshore Capital Partners.

Los Angeles City Council voted down a proposed ballot measure that would have exempted new housing construction from the city's Uplift LA (ULA) tax.
Green Street reports on regulatory scrutiny of Tricolor, a Chicago multifamily refinancing, and approximately $610 million in rental loan activity.

When it comes to fulfilling state and regional housing mandates in Palo Alto, no recent changes to state law can compare to the project that will take over the former site of The Fish Market on El Camino Real. The Acclaim Companies development to come at 3150 El Camino Real boasts 368 apartments, 74 of which... The…

Multifamily developers are building hundreds of units in the Lehigh Valley as the region contends with population growth and a housing shortage.

Whitewater Commercial Real Estate, a San Diego-based commercial real estate brokerage specializing in multifamily, arranged the sale of 3013 C St., a value-add complex in Golden Hill. The property sold for $5,337,276. Cole Silverman, Connor Stolle and Carson Trujillo of Whitewater represented the seller, Stephanie…

Stockbridge Capital Group purchased a luxury multifamily property in San Francisco's Potrero Hill neighborhood, marking one of the highest per-unit prices in the local market in recent years.

Veris Residential's $3.4 billion privatization transaction completed, representing the first multibillion-dollar entity-level deal to close since 2024.

Two major multifamily REITs have completed shareholder approval of a merger transaction combining their portfolios.

Montgomery County's rent control law stifles new multifamily projects, necessitating creative financing solutions.

Newmark arranged a $58-million Fannie Mae loan for Everleigh San Clemente, a newly constructed 150-unit Class A active-adult (55+) apartment community in San Clemente. The Fannie Mae financing was arranged by vice chairman Lee Redmond, managing director Alec Newman and VP Nick Schroeder of Newmark on behalf of the…

The Westphal Company has secured $56.1 million in permanent financing for a 354-unit apartment complex in eastern San Diego County. Northmarq arranged the fixed-rate financing through the firm’s Fannie Mae platform. The nonrecourse loan carries a 10-year term with interest-only payments for the full term. Property…

Legal & General's US real estate arm has acquired a multifamily development site in Massachusetts.

Brookfield announced a recapitalisation of a $694 million multifamily portfolio held by Varia US Properties.

Average Manhattan apartment rents reached an all-time high of $6,655 in July, according to Corcoran Sunshine Marketing Group. Median rents held steady at June’s record-setting level of $5,295, up 6% from a year ago. “Meanwhile, the number of signed leases rose 3% annually, while inventory dropped a substantial 22%…

JLL has secured a $40.5 million refinancing for The Payton, a 162-unit multifamily property in Portland, Oregon. JLL represented the borrower, ColRich, in arranging the five-year, floating-rate loan through Prime Finance. The Payton, located at 2020 NE Multnomah St., is a seven-story mid-rise community built in…

🏆 New Building: The largest permit issued was an $85.6 million new construction permit for Mohawk at Wynwood, a 300-unit apartment project at 50 Northeast 29th Street in Miami. The permit covers 488,880 square feet for Miami-based Rilea Group’s development. In January, the developer secured a $149.2 million…

Vantage Communities has obtained a $103 million refinancing for a three-property, 864-unit multifamily portfolio located in the Austin and San Antonio metro areas. Benefit Street Partners provided the financing in a deal arranged by Greystone Capital Advisors. The properties in Austin include Vantage at McKinney…