Multifamily

A net migration into the area resulting in high demand for housing units of all types includes Security Properties' purchase of Arbor Creek, a 440-unit class-B garden-style community, for $84.3 million.

The sale of the four-acre parcel will pave the way for development of more than 300 luxury apartment units.

Greystone leveraged Fannie Mae's Green Rewards program, which provides borrowers committed to making energy or water usage improvements with favorable financing terms.

It is on track to acquire another local apartment by year end in the Baltimore-Washington Corridor just north of BWI Airport and the NSA headquarters at Fort Meade.

The 23 Class A properties are located in the Atlanta, Austin, Charlotte, Dallas, Denver, Houston, Las Vegas, Nashville, Orlando, Phoenix, Raleigh, San Antonio and Tampa markets.

Residential market is so strong that developers are changing plans for major projects to meet rising demand.

Tryko is growing its senior affordable housing portfolio with the 150-unit Robert H. Stinson tower property

This will be the joint venture's second Manhattan assisted living and memory care center for elderly residents.