The wire

False fire alarms raise safety concerns at Milwaukee apartment complex

Cape Cod Apartment Complex Sells for $19.3 Million, Setting New Multifamily Pricing Benchmark

Cobb approves 282-unit apartment complex on old Mountasia location in Town Center

The Kent apartment complex breaks ground near The Domain

NYCHA Cuts Ribbon on $636M Rehab of East Brooklyn Apartments

The New York City Housing Authority (NYCHA) and Reid Park Rock PACT Partners, which includes Fairstead, BRP Companies, Urbane and the Local Development Corporation of East New York, today were joined by residents and…

Anaheim Sale is First Closing in Broader Multifamily Portfolio

Marcus & Millichap recently completed the sale of Empire Apartments, a 29-unit multifamily property in Anaheim. The property sold for $8.5 million, or $293,103 per unit. “This transaction was completed all cash and no…

Council members approve tax abatement for Fir Road apartment complex in Mishawaka

New apartment complex replaces rundown property

Developer plans to turn School Street church into apartment complex

6 Blackstone multifamily properties move to servicing

The assets transferred after the private equity giant was able to sell 15 other apartment communities backed by a $1.3 billion loan.

Multifamily starts fell in September amid high construction costs

High financing costs, elevated fuel prices and tariffs are driving up homebuilding prices, according to experts.

IPA Arranges Sale of 288-Unit Apartment Complex in Red Oak, Texas

RED OAK, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Ovilla at Legacy Square, a 288-unit apartment complex in Red Oak, a southern suburb of Dallas. Built o…

Partnership Completes Multifamily Project, Public Park in Dover, New Hampshire

DOVER, N.H. — A partnership between Boston-based developer Cathartes and the City of Dover, located near the Maine-New Hampshire border, has completed a multifamily project and public park in the city’s waterfront dis…

Blackstone’s 2021 $1.3B CMBS Multifamily Loan Hits Special Servicing

The Sun Belt multifamily distress hampering apartment owners who borrowed before interest rates spiked has hit a private equity giant. A $1.3 billion Blackstone commercial mortgage-backed securities (CMBS) loan with a…

PCCP Provides $41M Refinancing for Multifamily Community in San Diego

SAN DIEGO — PCCP has provided a $41 million senior loan to refinance Tenney North Park, a 125-unit apartment building at 2260 El Cajon Blvd. in San Diego’s North Park submarket. The loan was provided on behalf of owne…

Canyon Partners Provides $48M Loan for NorthPointe Apartments in Greenville

GREENVILLE, S.C. — Canyon Partners Real Estate LLC has provided a $48 million loan for the refinancing of NorthPointe Apartments, a 286-unit community in Greenville. Walker & Dunlop’s Capital Markets Real Estate Finan…

Parking plan for proposed 232-unit Promenade apartment complex gets support

New 8-unit apartment complex coming to Bryan | Bryan - College Station

Residents debate proposed Manchester Road apartment complex

Cobb to consider 282-unit apartment complex at former Mountasia site

South Tampa Apartment Complex With 250 Units Up for Sale

Elk Grove apartment complex seized by lender after $31.8M default

27-unit apartment complex to be Marco Island's first under Live Local