Cambridge Realty Capital has provided $43,360,100 in HUD-insured Section 223(f) financing for four senior housing properties located in Illinois, Washington, and Iowa. According to Cambridge’s Managing Director Tony Marino, the Illinois transactions consisted of two affordable rental apartment properties for…
M&T Realty Capital Corporation provided $38.71 million in financing for 29-17 40th Ave., a 103-unit affordable property in a Long Island City Qualified Opportunity Zone. Loan originators Matt Newton and Todd Trehubenko of the M&T RCC office in Boston arranged…
Advantage Capital announced the financial closing of The Harbor at Quantico Creek. Funded in connection with the Virginia Housing Opportunity Tax Credit program, the development will deliver affordable housing for seniors in the Town of Dumfries, Virginia. The Harbor at…
Just under 1 in 10 homes that broke ground in the United States in 2024 was being built for a tenant, not an owner, according to John Burns Research and Consulting data. Single-family rentals accounted for more than 1 in 4 rental…
AJ Capital Partners and Simon Property Group are joining forces on a massive luxury outlet mall in Nashville. The project, dubbed Nashville Premium Outlets, includes a 325,000-square-foot mixed-use center with approximately 75 retailers, restaurants and a hotel. The project could include residential…
IPA Capital Markets, a division of Marcus & Millichap, has secured $174 million in joint venture equity and debt financing for the acquisition of 55 Riverwalk Place, a 348-unit multifamily property located in West New York, NJ. Built in 2006, the…
An Atlanta-based hotel developer bought the East Nashville site where it is planning a Marriott hotel. Dream Capital paid $5 million for a 1.41-acre property near the East Bank, located at 751 S. Fifth St., where it is eyeing an eight-story,…
S2 Capital acquired ‘The Landing at Pleasantdale’, a 618 garden-style apartment community. 72 buildings make up the gated community that’s on over 75 acres. Built in 1985, Pleasantdale is located at 3497 Meadowglenn Village Lane in Doraville, GA, a northeast…
Nashville is expected to be home to a new dual-branded hotel. Dream Capital Management has filed plans with the Metro Planning Department to build an eight-story project that will include two Marriott-brands, on Fifth Street near the East Bank. Plans indicate…
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…
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