Multifamily

NextGen Apartments and Hanover Financial secure financing for two apartment acquisitions in Los Angeles.

Demand is increasing for high-rise-style apartment living, and it could be a catalyst for more condo development.

The New York attorney general has filed a lawsuit against David Drumheller accusing him of profiting in a $1.2 million kickbacks scheme.

Designed by CallisonRTKL, phase one of the project includes a 14-story, Class A, state-of-the art office building totaling 291,129 square feet; 135 multi-housing units, 34 ground level/loft apartment units and 101,439 square feet of retail space.

They used to be called group homes and were once an informal and for the most part uncounted part pf the multifamily market. Now called coliving, this…

Demand for short-term housing has grown so much, it has outpaced the availability.

A Miami-based Berkadia team secured the loan for Advenir, which is upgrading its Turnbury at Palm Beach Gardens community.

The fixed-rate loan through Freddie Mac's Green Advantage program has a seven-year term and will be serviced by HFF, a Freddie Mac Optigo lender for conventional loans.