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DFW Multifamily Demand Runs Untethered Amid 100k Jobs
A $53 million loan recently closed to refinance a class-A 320-unit apartment community in Plano located less than one mile east of the Sam Rayburn Tollway and the Dallas North Tollway junction. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Austin Keeps Growing and Investors Keep Calling
The metro added 40,000 jobs last year which continued to boost construction, with rents increasing 4%, fueling multifamily acquisitions in the vein of Beck at Wells Branch in northern Pflugerville-Round Rock. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Stonehenge NYC Refinances Two Manhattan Properties for $63.5M
New York Community Bank provided the loans for the properties located in Chelsea and the Upper West Side. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
MRP and Creek Lane Announce 13-Acre Multi-Use Development
The joint venture acquisition aims to establish a 1.3-million-square-foot waterfront community in River North Nashville. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Relative Properties Scoop Up Riverwalk at Millennium
In the latest trade, HFF marketed the property exclusively on behalf of the seller and also worked on behalf of Relative Properties to place the fixed-rate acquisition loan through Freddie Mac. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Capital One’s Multifamily Group Adds Female Exec Team
The group is now led by four senior female leaders. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
EJF Capital, Chance Partners Announce $86M Multifamily Development
The 486-unit Opportunity Zone project in Jacksonville, FL is set to break ground later this year. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
One Harrison Luxury Rental Development Opens its Doors
The development team of Hornrock Properties of Park Ridge, NJ and Livingston, NJ-based BNE Real Estate Group recently held a ribbon cutting for the five-story development located at 1 Harrison Ave. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Maxal Group and Hartz Mountain Complete Weehawken Luxury Multifamily Project
Marketing of the 236-unit development began just four months ago. The 60% leased milestone came last week as construction on the Harbor 1500’s 42,000 square feet of amenities came to a close. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Will Wildfires Deter New Housing Construction?
Wildfires are all destroying communities throughout California, but it likely won’t stop developers from building. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service