News

Amazon-Backed DC Housing Project Secures $27M in Financing for Upgrades

Washington DC + Apartment Buildings

DC Green Bank, The Community Preservation Corporation (CPC), American Housing, Amazon, and J.P. Morgan announced the closing of $26.7 million in construction financing for energy-efficient upgrades to Townley Court, an affordable housing complex at 2315 40th Place NW in Washington, D.C. The loan will fund renovations to fully electrify 52 affordable homes and add solar...

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MassDevelopment Issues $135M Bond for Brandeis U. Residence Hall

Boston & New England + Student Housing

MassDevelopment has issued a $134,570,000 tax-exempt bond on behalf of Brandeis University, which will use bond proceeds to build and equip a new five-story, 631-bed student residence hall and fund other miscellaneous capital projects on its campus in Waltham. The bond was sold through a public offering underwritten by Barclays Capital Inc. Construction of the new residence hall...

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People & Companies News for Week Ending July 25, 2025

Canada + Apartment Buildings

Colliers has rebranded its investment-management division as Harrison Street Asset Management (HSAM). As part of the move, Christopher Merrill becomes the Global CEO and largest individual shareholder of HSAM. Merrill is the co-founder and CEO of Harrison Street. In addition, Zachary Michaud, the current co-chief investment officer for Colliers, will serve as HSAM’s managing partner...

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JPI Announces Strategic Expansion into Southeast Markets, Targeting Charlotte, Raleigh-Durham and Nashville 

Atlanta & Southeast + Apartment Buildings

JPI, one of the nation’s leading developers and builders of multifamily communities, announced this week its expansion into three of the Southeast’s most dynamic regions: Charlotte and Raleigh-Durham, North Carolina, and the greater Nashville area in Tennessee. The move comes amid shifting market conditions and a sharp decline in new development starts, creating a unique window of...

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JPI Announces Strategic Expansion into Southeast Markets, Targeting Charlotte, Raleigh-Durham and Nashville 

Florida & Gulf Coast + Apartment Buildings

JPI, one of the nation’s leading developers and builders of multifamily communities, announced this week its expansion into three of the Southeast’s most dynamic regions: Charlotte and Raleigh-Durham, North Carolina, and the greater Nashville area in Tennessee. The move comes amid shifting market conditions and a sharp decline in new development starts, creating a unique window of...

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Taylor Morrison Closes on $3B Financing Deal

Phoenix & Southwest + Apartment Buildings

Scottsdale-based Taylor Morrison and Kennedy Lewis Investment Management (KLIM) have entered into a land and construction financing facility agreement, opening $3 billion in capacity for existing and new land opportunities, land development, and construction costs of projects by Taylor Morrison’s build-to-rent brand, Yardly. This new facility provides further cash flow efficiency and optimizes value. Taylor Morrison’s...

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Jackson Dearborn Inks Refi for 169-Unit Colorado Springs Apartments

Phoenix & Southwest + Apartment Buildings

Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, closed a $43 million refinancing on behalf of Jackson Dearborn Partners on the Avian, a newly built, 169-unit luxury apartment community located at 217 S Weber St, in downtown Colorado Springs, CO.  Community amenities include a parking garage, resort-style pool, spacious gym, and work-from-home lounges. The community’s central...

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NMHC, NAA Applaud Bipartisan Bill to Curb Restrictive Zoning and Development Regs

Apartment Buildings

U.S. Senators Brian Schatz (D-HI) and Todd Young (R-IN) have introduced the Identifying Regulatory Barriers to Housing Supply Act, legislation intended to encourage local communities to reduce burdensome zoning and development regulations. The National Multifamily Housing Council and the National Apartment Association have endorsed the measure.  The legislation would require recipients of federal Community Development Block...

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