Multifamily

Qualified opportunity zone funds have already averted demand away from 1031 exchange transactions as buyers see the similarity in benefits.

“This property required a specific buyer profile and we were pleased with the national investor interest,” says Michael D'Agostino of Kiser Group. “In addition to the buyer's focus on affordable housing, they saw opportunities to add value in the market rate units and the parking garage as well.”

When approaching Opportunity Zones, the conventional view on the opportunities presented by the legislation appears that the tax benefits are overwhelming the underlying project analytics, but read on to learn some new suggestions.

2018 was a strong year for Bank of America Merrill Lynch's FHA platform at nearly $150 million in financing; more than in all previous years combined and it is expected to grow in 2019, says Sindy Spivak.

These properties, ranging in size from 3.5 to 80 acres, are located in some of the fastest-growing suburbs in DFW including Carrollton, the Colony, Lewisville, Flower Mound and Highland Village.

Avenue's two-story three-bedroom homes' prices range from $179,000 to $189,000, as compared to Houston's median home price of $237,500, appealing to 32% of residents living below the federal poverty level.

The acquisition, which went into effect immediately upon closing, brings more than 200 Corporate Concierge Services employees into the JLL fold.

Carrfour, Florida's largest nonprofit affordable housing developer, is partnering with the Jerome Golden Center for Behavioral Health to develop the Dr. Alice Moore Apartments project at 335 27th St. in the Northwoods Shore neighborhood of West Palm Beach.