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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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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…

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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 &…

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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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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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Multifamily Market Moves Past Supply Shock

By Jeff Goll The headlines on multifamily have not caught up to the data. After two years of being the asset class everyone wanted to disparage, the U.S. apartment market… The post Multifamily Market Moves Past Supply Shock appeared first on Multifamily & Affordable Housing Business . ]]>

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