News

Vancouver Councillors Issue Flurry of Approvals in Final Decisions Before Fall Election

Canada + Apartment Buildings

By Monte Stewart Vancouver’s ABC Party-led city council approved several development projects in its final decisions before the fall municipal election. The flurry of approvals came during a series of council meetings and public hearings. In the final session of the term, the approvals ranged from the controversial addition and removal of rental-housing stock in...

Learn more

Blackstone Affiliate Proposing 252 Affordable Denton Housing Units

Texas + Apartment Buildings

Developer April Housing has applied to build 252 affordable housing units in Denton. Community Impact reports that the Denton City Public Facility Corp. will evaluate the permit and consider offering a property tax exemption. Of the 252 units, 165 units will be considered affordable for Denton and serve households that earn less than 50% of the...

Learn more

Apartment Property in Seattle’s First Hill Neighborhood Trades

Seattle & Northwest + Apartment Buildings

Monticello, a 107-unit apartment community located at 415 Boren Ave in Seattle’s First Hill neighborhood, has been acquired by Nordic Partners Investments. Built in 1957, Monticello spans 42,342 net rentable square feet across 107 units in the heart of Seattle’s urban core. The off-market acquisition drew multiple competing offers, delivering Nordic Partners Investments a value-add...

Learn more

CBRE Arranges $85M Financing for 318-Unit Multifamily in PA

Washington DC + Apartment Buildings

CBRE has arranged an $85 million loan for Mi-Place at Downingtown, a newly developed 318-unit multifamily community located at 800 Horseshoe Pike in Downingtown, Pennsylvania. Matthew Klauer and Cassandra Russell of CBRE Capital Markets’ Debt & Structured Finance team in Philadelphia arranged the financing on behalf of the borrower, Fernmoor. The financing was provided by...

Learn more

895-Unit Texas Apartment Portfolio Trades Hands

Texas + Apartment Buildings

Strategic Value Partners acquired a 895-unit multifamily portfolio from Resia. The portfolio comprises the 573-unit Resia Ten Oaks community in Houston and the 322-unit Resia Rayzor Ranch community in Denton, Texas. Completed in 2024, the Resia Ten Oaks and Resia Rayzor Ranch properties are high quality multifamily assets featuring modern amenities and finishings typically associated...

Learn more

Atlanta Beltline Advancing 218-Unit Affordable Apartment Project

Atlanta & Southeast + Apartment Buildings

Atlanta Beltline Inc. (ABI) is pursuing the construction of a mid-rise multifamily development at 350 Chappell Road. The Atlanta Business Chronicle reports the $62 million project includes 218 apartments, all of which will be rented at prices considered affordable for households earning between 30% to 80% of the area median income. It has been awarded...

Learn more

Linden Property Group Closes Largest Deal in Firm History With VA Multifamily Acquisition

Washington DC + Apartment Buildings

Linden Property Group, a multifamily real estate investment firm headquartered in Arlington, has acquired Tysons Crossing, a 217-unit apartment community in Virginia, in partnership with Akridge, a Washington, D.C.-based commercial real estate investment and development firm. The deal marks the largest acquisition in the firm’s history, its first purchase in Fairfax County since 2014, and...

Learn more

JPMorganChase Commits $750B to Increase Housing Supply, Homeownership Over Next Decade

Apartment Buildings

JPMorganChase said Monday it intends to deploy more than $750 billion through 2035 to increase housing supply and support homeownership across the U.S. The nearly 40% increase over the firm’s housing capital deployment in the past decade will include financing for one million affordable housing units and lending to 500,000 homebuyers. The announcement comes as...

Learn more
New call-to-action
New call-to-action

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up