1+ week, 3+ day ago   (109+ words) Multifamily & Affordable Housing Business RMS Cos. Sells 51 South in White Plains for $64.3M WHITE PLAINS, N.Y. — RMS Cos. has sold 51 South Apartments in White Plains to Los Angeles-based CIM Group for $64.3 million. CBRE’s Jeffrey Dunne, Stuart MacKenzie, Eric Apfel, Travis Langer and…...

1+ week, 6+ day ago   (136+ words) Multifamily & Affordable Housing Business Cushman & Wakefield Brokers $7.3M Sale of Cascade Apartments in Rochester, Minnesota ROCHESTER, MINN. — Cushman & Wakefield has arranged the $7.3 million sale of Cascade Apartments in Rochester. Patina Management was the seller, and Black Swan Living was the buyer....

2+ week, 4+ day ago   (100+ words) Multifamily & Affordable Housing Business CBRE Arranges $30M Sale of Brookly Property NEW YORK CITY — CBRE has brokered the $30 million sale of 59 Bogart Street, a 51-unit building located in the East Williamsburg section of Brooklyn. The CBRE team of Robert Shapiro and…...

2+ week, 4+ day ago   (147+ words) Multifamily & Affordable Housing Business Canyon Partners Provides $74.4M Construction Loan for Inland Empire BTR Project RIVERSIDE, CALIF. — Canyon Partners and J.P. Morgan have provided a $74.7 million construction loan for a ground-up, rental townhome development project in Riverside’s Mission Grove neighborhood. The…...

2+ week, 6+ day ago   (150+ words) Multifamily & Affordable Housing Business Cross Street, Mavrek Launch Leasing at Chicago’s Belmora CHICAGO — Cross Street and Mavrek have begun preleasing at Belmora, a 46-unit community at 919 W. Belmont Ave. in Chicago’s Lakeview neighborhood that includes 5,700 square feet of ground-floor retail…...

2+ week, 5+ day ago   (188+ words) Multifamily & Affordable Housing Business Pennrose Completes Tandem, a Rhode Island Mixed-Income Community PROVIDENCE, R.I. — Pennrose has completed and opened Tandem, the second of a two-phase project in the Fox Point neighborhood of Providence. Along with its sister property, Tempo, which opened…...

3+ week, 1+ day ago   (111+ words) Multifamily & Affordable Housing Business Thompson Thrift to Develop 300-Unit Property in Metro Birmingham, Alabama CHELSEA, ALA. — Thompson Thrift has announced plans to develop Rivet, a 300-unit community in Chelsea, 20 miles southeast of Birmingham, Alabama. Completion of the 300-unit asset is…...

3+ week, 4+ day ago   (94+ words) Multifamily & Affordable Housing Business Marcus & Millichap Arranges $20.4M Sale in Chicago’s Lincoln Park CHICAGO — Thesis Investment Group has sold 1515 N. Fremont Street in Chicago’s Lincoln Park neighborhood to Beal Properties for $20.4 million. Marcus & Millichap’s Kyle Stengle represented the seller and procured…...

3+ week, 3+ day ago   (128+ words) Multifamily & Affordable Housing Business CBRE Arranges $14.9M Sale of Lexington Riverview in New Jersey FAIR LAWN, N.J. — CBRE has brokered the sale of Lexington Riverview, a Class A community in Fair Lawn for $14.9 million. CBRE represented the seller while David Ferber with…...

3+ week, 6+ day ago   (113+ words) Multifamily & Affordable Housing Business Berkadia Arranges $35M Construction Loan for Third Phase of Metro Miami’s Casa Princeton HOMESTEAD, FLA. — Berkadia has arranged a $35 million construction loan for the third phase of development of Casa Princeton, a 162-unit, eight-story community in the South…...