Multifamily

JLL reports that estimated development costs for the 10 largest transportation infrastructure projects now exceeds $35 billion.

A mixed-use development will have the first substantial slate of affordable units to be delivered within the downtown precise plan and quadruple the number of affordable units completed under the plan to date.

“Projects like Capitol View Apartments are a commitment to our historic communities and residents for generations to come,” says Dr. Eloisa Klementich, president and CEO of Invest Atlanta.

The portfolio consists of 65 primarily mid-market apartment block buildings of which approximately 70% are located in and around Madrid.

Bascom acquired Jefferson Stonebriar, a newly built 424-unit class-A multifamily community in Frisco from the developer, JPI, and the area has recorded record-setting population and economic expansion.

MidHudson provides the reserves by making a preferred equity investment.

Prop 10, which would repeal Costa Hawkins, is being described as the biggest threat to the multifamily market.

Commercial construction may have reported a decrease in the DFW area, but there is only continued growth in the multifamily sector, specifically in the larger sized projects.