The Harper at Harmon Meadow. Image courtesy of Yardi Hartz Mountain Industries has received a $115 million mortgage loan for The Harper at Harmon Meadow, a recently built 469-unit apartment community in Secaucus, N.J. New York Life Real Estate Investors provided the...
Mission Antigua. Photo Courtesy of ABI Element Property has acquired Mission Antigua, a 248-unit community in Tucson, Ariz. Centurion Management sold the 1989-built asset for $21.8 million, on behalf of the developer, which had owned the property since its...
Heritage at Temple Terrace Apartments. Image courtesy of CBRE Axonic has sold Heritage at Temple Terrace Apartments, a 126-unit community in Temple Terrace, Fla. TLR has purchased the asset for $15.8 million, the third highest price per unit sale for a 1970s vintage...
HUD Secretary Ben Carson. Photo via HUD’s official Flickr account The U.S. Department of Housing and Urban Development has announced that it is charging social media giant Facebook with violating the Fair Housing Act. In a charge submitted to Facebook on March 28th,...
Rendering of Hilton Plainfield Indianapolis Airport Hilton’s brand Embassy Suites by Hilton has opened Hilton Plainfield Indianapolis Airport, a 174-key hotel near Indianapolis. Sun Development & Management Corp. owns and manages the property. Located at 6089...
Rendering of 2501 The Plaza LPA Urban, has purchased a former electronics repair store situated between two of Charlotte, N.C.,’s fastest growing urban neighborhoods, NoDa and Plaza Midwood. The property will be transformed into 20,000 square feet of retail,...
Phoenix rent evolution, click to enlarge A diversified economy, coupled with a business-friendly environment and a skilled workforce, is driving employment and population gains in Phoenix, while boosting multifamily demand. The metro added 86,800 jobs in the year...
Greater downtown Miami supply and occupancy Downtown Miami has recorded a 37 percent increase in overnight stays over the past five years, according to a recent tourism report released by the Miami Downtown Development Authority. This is due to the region’s growing...
Berkadia has arranged financing for the Magnolia Green Apartments and Faraday Park at Reston Station, two multifamily properties to be constructed in Moseley and Reston, Va., totaling a combined $125.1 million The firm’s Richmond, Va. office originated a $35.12...
The Paper Factory Hotel London-based The Collective, which operates the world’s largest co-living building, has made its third investment in the New York City area in sixth months—totaling $150 million—with the acquisition of the Paper Factory Hotel in Long...
