by | Oct 16, 2024 | Multifamily
Sares Regis Group of Northern California (SRGNC) and Hunter Partners joined the Sunnyvale community recently for the official grand opening of Cityline, a transit-oriented, mixed-use district in downtown Sunnyvale. In the works since 2015 and developed in two phases,...
by | Oct 16, 2024 | Multifamily
CBRE has secured a loan for the refinancing of The Pines at Q Plaza Apartments, a 505-unit multifamily property in Omaha. Josh Larsen, with CBRE Capital Markets’ Debt and Structured Finance team in Omaha, secured the 10-year, full-term, interest-only loan through...
by | Oct 16, 2024 | Multifamily
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of The Lofts at Noho Commons, a 292-unit multifamily property in the NoHo Arts District of Los Angeles. The sale price was $92.5 million, or $316,781 per unit. “The property’s...
by | Oct 16, 2024 | Multifamily
MassDevelopment has issued $45 million in tax-exempt bonds on behalf of BC Leefort Terrace LLC, an affiliate of Beacon Communities, which will use proceeds to redevelop the circa-1958 Leefort Terrace housing development in Salem, MA. The tax-exempt bonds were...
by | Oct 16, 2024 | Multifamily
The rental market is experiencing a regional divide, Realtor.com said Wednesday. While rents dropped in many parts of the country, eight of the 10 Midwestern markets in the 50-metro report for September saw year-over-year rent increases in September, led by Cincinnati...
by | Oct 16, 2024 | Multifamily
Wood Partners is eyeing a 350-unit apartment building at 361 Herron Dr. near Geodis Park. The structure will rise five stories and include a six-level parking garage and a pool courtyard area in the center of the development. The project is slated for a 4.09-acre site...
