News

Dwight Capital Finances $39M Loan for Oregon Multifamily Development

Seattle & Northwest + Apartment Buildings

Dwight Capital has closed a $39 million HUD 223(f) refinance for Timberview Apartments, a newly developed 174-unit apartment community in Oregon City, Oregon. Loan proceeds will be used to retire a bridge loan provided by Dwight Mortgage Trust, cover closing costs, and establish a replacement reserve account for future capital improvements. The transaction was originated...

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Board Votes to Freeze Rent Hikes on NYC’s Rent-Stabilized Apartments

New York & Tri-State + Apartment Buildings

The New York City Rent Guidelines Board voted 7-1 to approve a two-year freeze on rent increases for approximately one million rent-regulated apartments citywide, covering leases of one or two years signed after Oct. 1 of this year. The vote was seen as a victory for Mayor Zohran Mamdani, who made a rent freeze one...

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Developer Buys Land Near Charlotte Transit Station, Apartments on Way

Atlanta & Southeast + Apartment Buildings

Arlington Properties acquired land at 7220 N. Tryon St. for $9 million. McKinney Holdings was the seller. The Charlotte Business Journal reports the 3.9-acre property is vacant and located across from the University City Boulevard light-rail station (shown). The city of Charlotte approved a construction plan for the land last month. The plan calls for...

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S3 Inks $101M Construction Loan for Orlando Residences

Florida & Gulf Coast + Apartment Buildings

S3 Capital provided a $101 million construction loan for Visions Orlando Resort & Spa, located just outside of downtown Orlando. The project is being co-developed by Urban Network Capital Group (UNCG) and Vertical Developments.  The resort integrates a mix of luxury single-family homes, townhomes, and condo residences, wellness-focused amenities, retail spaces, and a broad range of recreational experiences.  The...

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Connect Midwest Multifamily Trends 2026: Navigating Capital Flow & Deal Dynamics

Chicago & Midwest + Apartment Buildings

The multifamily sector is seeing investment competition return, as sellers adjust pricing expectations and buyers show steadier interest. Our expert panel on navigating capital flow and deal dynamics at Connect Midwest Multifamily Trends 2026 discussed strategies for securing financing and managing loan maturities. Industry leaders shared their acquisition strategies for underwriting deals, identifying distress and...

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Tishman Speyer’s TS Communities Lines Up Funds for Next Phase of Edgemere Commons

New York & Tri-State + Apartment Buildings

Tishman Speyer’s TS Communities has secured financing and will soon begin construction on its third apartment building at Edgemere Commons in Far Rockaway, Queens, the 100% affordable residential neighborhood the firm is developing in partnership with New York City and New York State housing agencies. The 17-story Edgemere Commons B2 will incorporate 300 apartments and 6,000 square feet...

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Anna Maria College Campus in Central MA Listed for Sale

Boston & New England + Student Housing

After its closure in May, the campus of Anna Maria College in Paxton, MA has been listed for sale, with Worcester-based Kelleher & Sadowsky Associates selected as the property’s listing broker, the Worcester Business Journal reported. Located at 50 Sunset Ln., the campus spans more than 260 acres and could support several future uses, said Will Kelleher IV,...

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Associated Bank Closes $18M Loan for Iowa Townhome Community Acquisition

Chicago & Midwest + Apartment Buildings

Associated Bank announced the completion of a $17.7 million term loan to Tricap Investments for the phased acquisition of the Townhomes at Magnolia Heights, located at 5641 155th Street in Urbandale, Iowa, a suburb of Des Moines, Iowa. The 105 two-Edit Anchorstory townhome rental units are adjacent to the 240 for-sale, single-family and townhome community...

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