Driven by the retail sector, the Trepp CMBS Delinquency Rate continued its uphill climb in September 2024, rising 26 basis points to 5.70%. Although most of the major property types contributed to the rise in the overall rate, retail contributed to about…
Walker & Dunlop has arranged $72.7 million in construction loan proceeds for Vintage Lake Powell, a 289-unit, Class A, mixed-use apartment complex in Panama City Beach, Florida. TDK Construction and Oldacre McDonald are developing the project at 24000 Panama City Beach Parkway. The W&D…
Berkadia arranged the financing and sale of a senior living community in South Setauket in Long Island’s Suffolk County. Berkadia Seniors Housing & Healthcare provided both investment sales and mortgage banking advisory for a 196-unit independent living and assisted living…
Wood Partners sold an Antioch apartment complex for $86 million. The firm sold the Corban Farms at Cane Ridge apartment complex to Bonaventure. The complex offers 330 units across multiple buildings that sit on a 39-acre site located at 3144…
The City of Atlanta and a team of developers are ready to move forward with the redevelopment of Mall West End. The 12-acre site will be redeveloped into a mixed-use project led by BRP Companies and The Prusik Group. The…
Several large deals unveiled this summer suggest that the lull in multifamily capital markets is nearing an end and providing a clear signal that the next liquidity cycle has started, said Tyler Sullivan, who leads JLL’s multifamily capital markets research division. In…
Canyon Partners Real Estate LLC, The Martin Group and Valiance Capital formed a joint venture to develop The Valiant, a new Class-A student housing community near the University of California at Berkeley. Construction is scheduled to begin immediately, with completion…
Foxfield and AEW Capital Management, are moving ahead on their Sugarloaf Logistics Hub campus project in Gwinnett County, Georgia. Foxfield and AEW acquired the property in 2022 with the intent to convert a six-building, 740,000 square feet, corporate office campus…
Kennedy Wilson has closed senior construction loans for the development of three student housing projects totaling $184 million at the University of Wisconsin – Madison, University of North Texas and University of California, Berkeley. These recent deals, completed through Kennedy…
Aja Constructions paid $13.5 million for land off Fayetteville Road just south of the Highway 70 split. The Town of Garner rezoned the 43-acre site in late 2023 to allow for 654 multifamily units and 40,000 square feet of retail…
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