Private-label CMBS issuance next year is projected to increase by more than 10 percent from this year's depressed levels, to between $60 billion and $75 billion So far this year, $506 billion of conduit and single-borrower transactions have priced...
Dwight Capital has provided $279 million of financing under the US Department of Housing and Urban Development’s 223(f) program against the 244-unit Terrazzo Apartments in Austin, Texas The property, at 8585 Spicewood Springs Road, was...
Multi Housing News Sunroad Enterprises has acquired the 346-unit Pillar at Taviano at 875 West Pecos Road in Chandler, Ariz, for $84 million, or $242,77457/unit Sunroad, a San Diego developer, bought the property from PrivatePortfolio Group of...
Crain’s New York Business New York City Council continues to fight against proposals to build four apartment buildings that would have a total of some 3,000 units in Manhattan’s Two Bridges neighborhood, south of the Lower East Side,...
Embrey Partners has sold the 300-unit Riata apartment complex in Chandler, Ariz, for $91 million, or $303,333/unit The San Antonio developer sold the newly constructed property, at 100 North Hearthstone Way, to EPI LP, a Fullerton, Calif, family...
Charlotte Business Journal Elmington Capital Group has proposed building a 230-unit affordable-housing project in Charlotte, NC The four-building property is being planned for an 118-acre site at 1901 West Blvd Units will be reserved for tenants...
San Antonio Business Journal Place Development has broken ground on a 318-unit apartment community in San Antonio The 26-building project is being built on a 44-acre site at the corner of Kyle Seale Parkway and Babcock Road About half of the project...
Dallas Morning News Work is scheduled to start in the second quarter on the 150-room Hotel Indigo in the Dallas suburb of Irving, Texas The property will include a restaurant and meeting space Type Six Design & Development is the project’s...
Dallas Morning News Banyan Residential has proposed building a 265-unit apartment property in Dallas’ North Oak Cliff neighborhood The Los Angeles developer is building the five-story property on North Beckley Avenue at Julian Street, near...
Milwaukee Business Journal The Couture, a 322-unit apartment building with 42,000 square feet of ground-floor retail will begin construction in January after the US Department of Housing and Urban Development approved a guarantee to back a $1035...
