property type: Multifamily

Marcus & Millichap Capital Corp. has arranged $85 million of financing for the construction of a 140-unit apartment property at 55 North La Cienega Blvd. in Beverly Hills, Calif. The four-year loan was provided by a national bank on behalf ...

South Florida Business Journal An affiliate of Neology Group has paid $24 million, or $511.97/sf, for a 46,872-square-foot warehouse property in Miami. The local developer acquired the industrial building from a company managed by the Rubell family, which operates the ...

Commercial Real Estate Direct Staff Report The average monthly apartment rent in the Dallas/Fort Worth area declined in the first quarter of this year by 0.4% to $1,483/unit, according to Colliers. Regardless of when a property was built, rents declined ...

Commercial Real Estate Direct Staff Report The Chicago area had $1.9 billion of multifamily sales in the first quarter of 2026, a 116.6% increase from the first quarter of last year, according to Avison Young. In fact, the market had ...

Multi-Housing News Affinius Capital has provided $120 million of financing against the 302-unit Elowen apartment property in San Diego. JLL arranged the debt on behalf of the local developer and owner, AAA Management. The property was developed with $99.4 million ...

South Florida Business Journal An affiliate of Constellation Group and Boschetti Group has lined up $67.5 million of construction financing for Cora Merrick Park, a 74-unit condominium project in Coral Gables, Fla. BHI of New York provided the loan, which ...

The securitized world has $1.1 trillion of mortgages against multifamily properties. An overwhelming majority were originated by government-sponsored enterprises, with a relatively tiny portion by CMBS lenders. The latter have higher delinquency rates, and a larger proportion may face refinancing ...

Northwestern Mutual has provided $123 million of financing against the Anson, a 268-unit apartment property in Burlingame, Calif., a southern suburb of San Francisco. The five-year loan was arranged by Marcus & Millichap's Institutional Property Advisors unit. It pays a ...

Multi-Housing News MacNaughton has acquired Residences Kierland, a 290-unit apartment property in Scottsdale, Ariz. The purchase price could not yet be learned. However, the six-story property was valued this year at $101.9 million, according to Maricopa County, Ariz., public records. ...

Northmarq has provided $60.83 million of Fannie Mae financing against the 216-unit Spruce apartment property in Seattle. The five-year loan pays a fixed-rate coupon and amortizes on a 35-year schedule. It allows the owner of the property, Madison Development Group ...