Multifamily

News

NJEDA, DEP Form Collaborative to Address Environmental Issues in Paterson

John Jordan |

New Jersey Department of Environmental Protection Commissioner Catherine R. McCabe and New Jersey Economic Development Authority CEO Tim Sullivan joined Paterson Mayor Andre Sayegh at the Great Falls Visitor Center to launch the Community Collaborative Initiative program in Paterson yesterday.

Features

Construction Lenders Have a Healthy Appetite for Apartment Deals

Kelsi Maree Borland |

Lenders are also showing an openness to consider alternative apartment product, like the urban townhouse and workforce housing.

Silverado Apartment Homes Secures $82M Freddie Mac Loan

Kelsi Maree Borland |

The 10-year loan is full term interest-only for the garden-style multifamily property in Murrieta.

Features

Fore Property’s Approach to the Florida Markets

John McCurry |

“To us, green business means a solid and meaningful commitment to the green building movement and to conducting our operations responsibly.”

Features

Weller Workforce Housing Launches

John McCurry |

“The majority of our portfolio is concentrated in Florida, Georgia, South Carolina and Alabama.”

Features

Aventura Investor Sells Southwest Florida Apartment for $65.2M

Lidia Dinkova |

Meyers Group sells the Channelside apartments for a 19% increase after three years.

News

Inland Private Capital Closes First Opportunity Zone Fund Offering

John Jordan |

The fund, through its affiliated entities, plans to develop a 120-room hotel, operated under a nationally recognized brand, and a six-story, 144-unit apartment community at the site.

News

Weehawken Luxury Apartment Project Secures $100M in Financing

John Jordan |

The 236-unit apartment building extends 765 feet into the Hudson River, developed by Hartz Mountain Industries and The Maxal Group. The financing came in the form of a $100-million syndicated loan for the project from M&T Bank that was completed in July.

Features

Development Embraces Challenges Rather than Shirking Them

Lisa Brown |

Legacy Partners and architecture firm Tiscareno Associates had to think outside the box, creating 195 luxury living spaces, two major retail spaces and ample parking on a site with an unusual wedge shape.

DTLA Apartment Demand Keeps Pace With New Construction

Kelsi Maree Borland |

Despite the record levels of new construction, apartment vacancy has held strong in Downtown Los Angeles.