25 posts about Multifamily from across Skyline Properties' social platforms and curated industry sources.
<![CDATA[Manhattan, NY Southern Land Company (SLC), a vertically integrated, national real estate developer of award-winning single-family, multifamily, and mixed-use communities, has promoted four New York-based leaders to expanded roles: Alex Cauchon to executive vice president, hospitality; Carl]]>
View on RSS →<![CDATA[New York, NY ApartmentIQ, a real-time market intelligence, revenue management, and AI platform for the multifamily industry, have commenced a $25 million follow-on investment from Susquehanna Growth Equity (SGE), an entrepreneur-focused growth equity firm. SGE previously led the company&rs]]>
View on RSS →<![CDATA[ Potsdam, NY Marcus & Millichap negotiated the sale of Meadow East, a multifamily property. “Meadow East, a 100-]]>
View on RSS →<![CDATA[ Webster, NY Endeavor Real Estate Group negotiated the sale of Fox Run Apartments, a 56-unit multifamily community located ]]>
View on RSS →<![CDATA[ Brooklyn, NY CBRE has completed the $30 million sale of 59 Bogart St., a 51-unit multifamily loft building located in the East Williamsburg section of the city. The CBRE team of Robert Shapiro and Ian Brooks represented the seller and procured the buyer. “We e]]>
View on RSS →<![CDATA[ Brooklyn, NY GAIA Real Estate has secured an additional one-year extension of its $48 million loan with Raymond James Bank for 55 Hope, a multifamily property in Williamsburg. The extension pushes the loan’s maturity to August 2027, reflecting the property’s stron]]>
View on RSS →<![CDATA[ Manhattan, NY Slate Property Group closed on a $63 million refinancing for a three-building multifamily portfolio in Chelsea. The portfolio totals 94 residential units and 68,139 s/f across three properties – 229 West 20th St., 300 West 21st St. an]]>
View on RSS →<![CDATA[Empire Group of Companies has secured $229 million in construction financing to build Revelry, a 533-unit, two-building multifamily complex near Arizona State University in Tempe, Ariz., Commercial Observer can first report. Mavik provided the debt, while WAY Capital’s Malcolm Davies and Kyle McDonough arranged the transaction. Dan Cooperman, head of investments at Mavik, said in […]]]>
View on RSS →<![CDATA[New U.S. residential construction declined in August in one of the weakest monthly performances since the pandemic, with housing starts overall down 2.6 percent and multifamily starts plummeting nearly 22 percent, according to First American Financial Corporation data Housing completions, meanwhile, dropped nearly 12 percent, reaching what Bloomberg described as “the slowest pace since the […]]]>
View on RSS →<![CDATA[Isn’t life grand? Multifamily developer Grand Lifestyles has secured $35.4 million of acquisition financing to purchase a multifamily asset in suburban Chicago, Commercial Observer has learned. Greystone closed the Freddie Mac-backed loan to facilitate Grand Lifestyle’s $51.3 million acquisition of The Ponds of Naperville property in Naperville, Ill. from DRA Advisors The financing was originated by […]]]>
View on RSS →Inwood apartment building trades hands for just under $12M Crain's New York
View on RSS →<![CDATA[A joint venture between Prestige Development and Anak Development has landed $71.5 million of construction financing to build a multifamily project in northern New Jersey, Commercial Observer has learned. BHI, the U.S Branch of Bank Hapoalim, provided the loan for the sponsorship’s 250-unit The Standard apartment community in Bayonne, N.J. Maven Capital’s Sean Shahkohi negotiated […]]]>
View on RSS →<![CDATA[J.P. Morgan Chase sold a garden-style multifamily property in Wellington, Fla., for $105.5 million after owning it for nearly a quarter century, according to property records. TA Realty purchased the 366-unit Polo Lakes community at 1950 Polo Lake Boulevard, just north of the Mall at Wellington Green, adjacent to Route 441, in the town best […]]]>
View on RSS →Integra ready to deploy $250M after closing multifamily fund The Real Deal
View on RSS →<![CDATA[Partin Development has sealed $42 million of bridge debt to refinance a newly built multifamily asset near Texas A&M University, Commercial Observer has learned. Dwight Investment Management supplied the loan for the 288-unit 1720 at Harvey property in College Station, Texas, that opened in 2023. The debt was originated by Dwight’s Katie Goldenberg and will […]]]>
View on RSS →Multifamily landlords facing $2T debt maturity over next decade therealdeal.com
View on RSS →<![CDATA[The latest conduit commercial mortgage-backed securities (CMBS) data from CRED iQ reveal a lending market that has grown more selective, not more cautious. Rates broadly eased over the past year, yet borrowers in most property types are being asked to bring more equity to the table than they were 12 months ago. Multifamily and office […]]]>
View on RSS →<![CDATA[An affiliate of Rockrose Development has secured $115 million of agency-backed debt to refinance a newly completed multifamily complex in Long Island City, Queens, Commercial Observer has learned. Wells Fargo Multifamily Capital closed the Fannie Mae-backed loan for Rockrose’s 301-unit Eagle Lofts Collection, Phase 2, which opened last year in Long Island City’s Court Square […]]]>
View on RSS →<![CDATA[A joint venture between Mavrek Development and Fengate Asset Management has secured $130.4 million in construction financing to build a 25-story, 380-unit multifamily tower in Downtown Chicago, Commercial Observer can first report. Affinius Capital provided the debt, while CBRE’s John Parrett arranged the transaction. David Greenburg, managing director and co-head of debt origination at Affinius […]]]>
View on RSS →Midtown wins approval for upsized multifamily project in Fort Lauderdale The Real Deal
View on RSS →<![CDATA[Timberlane Partners has secured $27 million of acquisition financing for the purchase of a multifamily complex in suburban Seattle, Commercial Observer has learned. Mesa West Capital supplied the five-year, nonrecourse, first-mortgage loan for Timberlane’s off-market acquisition and renovation of the Vista Ridge, a garden-style apartment community built in 1992 in Issaquah, Wash. Timberlane acquired the […]]]>
View on RSS →<![CDATA[Fort Lauderdale-based Stewards has signed letters of intent to acquire two apartment properties in Broward County, Fla., in a stock transaction valued at $240 million. The Nasdaq-listed financial and real estate company will acquire the 330-unit Pixl apartments in Plantation, and the 214-unit Envy apartments in Pompano Beach. Under the proposed structure, Stewards would acquire […]]]>
View on RSS →3 Ways Transit Access Strengthens a Multifamily Investment Traded
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