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Great Expectations Secures Financing for Addison Grove in Puyallup

PUYALLUP, WASH. — Great Expectations, a Seattle-based affordable housing developer, has secured financing to build Addison Grove, a 102-unit affordable housing community in Puyallup, 36 miles south of Seattle. Great… The post Great Expectations Secures Financing for Addison Grove in Puyallup appeared first on…

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Madison Capital Provides $375M Construction Loan for Jersey City Development

JERSEY CITY, N.J. — Walker & Dunlop has arranged a $375 million construction loan to finance JFK Boulevard, a mixed-use project that will be built in Journal Square in Jersey City.… The post Madison Capital Provides $375M Construction Loan for Jersey City Development appeared first on Multifamily & Affordable…

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RailField Partners Acquires 210-Unit Maryland Property from Elme Communities

GAITHERSBURG, MD. — RailField Partners has acquired Elme Watkins Mill, a 210-unit garden-style community in the Washington, D.C., suburb of Gaithersburg, from Elme Communities (NYSE: ELME). The property was purchased… The post RailField Partners Acquires 210-Unit Maryland Property from Elme Communities appeared…

MultifamilyAffordable HousingWashington, DCU.S. National
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Virtu Investments Sells Briarwood Apartments in Livermore, California, for $19.8M

LIVERMORE, CALIF. — Locally based Virtu Investments has sold Briarwood Apartments in Livermore, 44 miles west of San Francisco. The asset sold for $19.8 million. Marcus & Millichap represented Virtu,… The post Virtu Investments Sells Briarwood Apartments in Livermore, California, for $19.8M appeared first on…

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Multifamily & Affordable Housing Business

JLL Arranges $34.5M Refinancing for Easthaven in Pooler, Georgia

POOLER, GA. — Mandrake Capital Partners has obtained a $34.5 million refinancing loan for Easthaven, a 143-unit build-to-rent community in Pooler that was completed last year. Bridge Investment Group was… The post JLL Arranges $34.5M Refinancing for Easthaven in Pooler, Georgia appeared first on Multifamily &…

MultifamilyAffordable HousingSingle-Family Rental
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CBRE Arranges $7.1M Sale of Bayside Townhomes in Kenosha, Wisconsin

KENOSHA, WIS. — CBRE has arranged the $7.1 million sale of Bayside Townhomes, a 32-unit community in Kenosha. Campbell Creek Communities LLC was the buyer, and Bayside Townhomes LLC was… The post CBRE Arranges $7.1M Sale of Bayside Townhomes in Kenosha, Wisconsin appeared first on Multifamily & Affordable Housing…

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Seattle Housing Agency Buys its First Property for $60.9M

SEATTLE — The Seattle Social Housing Developer (SSHD) has acquired its first multifamily property since forming in 2023 by city voters. Spartanburg, South Carolina-based Johnson Development Associates sold Elara at the… The post Seattle Housing Agency Buys its First Property for $60.9M appeared first on Multifamily…

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