Multifamily

Trendmaker Homes Austin's growth plans look to capitalize on a metro that ranked number one for overall real estate prospects, number six for homebuilding prospects and number one in job growth.

The PHA also is postponing all court appointments where residents have failed to pay rent.

Some condo developers have abandoned selling units because they've only been able to sell 10 percent of the property to which they resort to renting the remaining 90 percent.

CPP buys a 180-unit building in Torrance for $73 million, and plans a $10 million renovation.

Meeting Oakland Green requirements, the Jack London Square site will become 157 multifamily units over ground-floor retail encompassing 94,993 square feet, and include a public art installation and amenities.

The joint venture will focus on student housing and has already completed its first purchase, a nine-property portfolio near USC.

Construction is underway on the Zoey, a $59 million multifamily development which marks The Michaels Organization's first entrance into the Austin market, one of the fastest-growing cities in the country.

The 15-year Freddie Mac loan secured on behalf of Chestnut Hill Realty features a 65% loan-to-value ratio and a 30-year amortization schedule.