News

NexMetro Opening First Atlanta-Area BTR Community

Atlanta & Southeast + Apartment Buildings

NexMetro Communities is opening its first of many Avilla Homes built-to-rent community in the greater Atlanta market. Avilla Holloway, a new, 136-home cottage-style luxury rental community, opens this month on 14 acres at 700 Cynthia Court, located in the city of Stockbridge. The gated neighborhood features single-level, mostly detached homes designed to offer residents more...

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Feds Provide $53.4M in Funding for Deep Energy Retrofits at Vancouver Co-Op

Canada + Apartment Buildings

The federal government is providing $53.4 million to support deep energy retrofits and climate-resilient upgrades at an east Vancouver co-operative housing complex. The funding announcement was made by Housing and Infrastructure Minister Gregor Robertson alongside Laura Spiegel, president of the Adanac Housing Co-operative Society, at the co-op’s property at 950 Cassiar St. The project involves...

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Digging into the Labor Outlook and What it Means for CRE

Apartment Buildings

Headlines announcing the Bureau of Labor Statistics’ employment numbers tend to forget one thing: Those numbers are preliminary, only. For example, April and May saw a large hiring surge, which came to a crashing halt in June, with preliminary numbers showing the addition of 57,000 jobs. Meanwhile, the much-vaunted April and May figures were revised...

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The Sunbelt and Multifamily: Oversupply Isn’t the Whole Story

Atlanta & Southeast + Apartment Buildings

Casey MacMaster For the past two years, one word has dominated conversations about the Sunbelt apartment market: oversupply. The numbers behind the narrative are real. A wave of multifamily projects that broke ground during the pandemic construction boom came online between 2023 and 2025, flooding many fast-growing markets throughout the Southwest and Southeast with new...

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Pantzer Acquires Class A Multifamily in Downtown Stamford

New York & Tri-State + Apartment Buildings

A CBRE team led by Jeffrey Dunne, Eric Apfel, Stuart MacKenzie, Travis Langer, and Eric Greenberg closed the sale of Stamford Urby, a 641-unit Class A multifamily community in downtown Stamford, CT, for $221,000,000. CBRE exclusively represented the seller. The buyer is Pantzer, a fully integrated owner/operator of multifamily assets along the Eastern region of...

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Northmarq Arranges Fannie Mae Financing for Lawrence Apartments

Boston & New England + Apartment Buildings

Northmarq’s Boston Debt + Equity team led by Kevin Sykes, Ed Riekstins anf Jeffrey Munoz arranged $22.855 million in acquisition financing for Elora Flats & Townhomes, a 104-unit mid-rise multifamily community located at 112-114 Marston St. in Lawrence, MA. The team arranged financing on behalf of the borrower, Arrowpoint Properties LLC, through the firm’s in-house Fannie Mae DUS platform. The...

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Cap Pointe, Greystone Arrange $104M Muni Bond Financing for Section 8 Portfolio

California & West + Apartment Buildings

Cap Pointe Advisors LLC, a Los Angeles–based boutique real estate investment banking and advisory firm, and Greystone announced Greystone Capital Advisors LLC, together with its affiliate Greystone CARE Broker Inc., served as exclusive co-advisors to SoLa Impact Opportunity Zone Fund, LP in connection with the closing of a $104,475,000 municipal bond financing secured by 14 affordable...

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Merchants Capital Secures $10M for Kansas Affordable Housing Development

Chicago & Midwest + Apartment Buildings

Merchants Capital announced $10.8 million in permanent financing for Floret Hill, a 121-unit affordable housing development in Lawrence, Kansas, established as part of a city-supported initiative to expand affordable housing supply. Merchants Capital secured a Freddie Mac Unfunded Forward TEL loan for Floret Hill. The capital stack also includes federal and state low-income housing tax...

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