Trilogy Investments Announces Construction for Build-To-Rent Community Rêve at Avondale Station Has Commenced
Trilogy Investment Company, a leader in Build-To-Rent (BTR) community development, announces that land development at Rêve at Avondale Station in Avondale, Arizona, is underway.
The 107-home BTR community, developed in collaboration with Pinnacle Partners, is...
Avatar Financial Group LLC Provides $6.5M for Bellfort Plaza Apartments in Southeast Houston
Avatar Financial Group LLC, a Seattle-based national hard money bridge lender for commercial real estate, has provided $6.5 million in financing for the 154-unit Bellfort Plaza Apartments. The multifamily community is situated in the...
Builder sentiment unchanged in April
Builder sentiment was flat in April as mortgage rates remained close to 7% over the past month and the latest inflation data failed to show improvement during the first quarter of 2024.
Builder confidence in...
Construction materials prices reported lower in March
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices were down 0.1 percent month-over-month in March on a seasonally adjusted basis. The index of components...
NRP Group Names Patrick Carino Vice President of Development
Cleveland-based multifamily firm The NRP Group has hired Patrick Carino as vice president of development, responsible for the origination and management of market-rate projects in the Northeast, particularly New Jersey, New York, Connecticut and...
Starwood Impact Investors Closes Investment in Obsidian Capital Partners
Starwood Impact Investors, a return-driven investment platform managed by Starwood Capital Group that is dedicated to investing in commercial real estate opportunities controlled by underrepresented partners, announced it has completed its inaugural investment in...
Andrew Jennison and Daniel Pickart Join Newmark
Andrew Jennison and Daniel Pickart have joined Newmark as Vice Chairman and Senior Managing Director, respectively. Based in the Century City office, the team will contribute to the growth of Newmark's Private Capital Market...
Sunrise of Oceanside Celebrates New Contemporary Community Offering Personalized Care and Vibrant Lifestyle to...
Sunrise Senior Living, a pioneer in personalized senior living services, proudly announces the grand opening of its newest community, Sunrise of Oceanside, situated at 4845 Mesa Drive in Oceanside, California.
With a rich legacy spanning...
YieldPro interviews Trepp Research Director Stephen Buschbom
On April 4, YieldPro editors asked Trepp, Inc. Research Director Stephen Buschbom to share his company's latest analysis of the multifamily sector. Trepp is a data and analytics provider for structured finance,...
The GSH Group Announces Sale of Foote Hills Property, Achieving Impressive Investor IRR of...
The GSH Group, one of the nation's fastest-growing multifamily real estate investment companies, is thrilled to announce the successful sale of its Foote Hills property in Grand Rapids, Michigan. The sale resulted in an...
MedCore Acquires Two Senior Living Communities in Detroit, American House Somerset and Hampton Village
MedCore Partners in partnership with REDICO and American House Senior Living has completed the acquisition of two (2) senior living communities located in Troy and Rochester Hills, Michigan within the Detroit MSA. The communities...
JLL Secured the Construction Takeout Bridge Financing for Build-to-Rent Townhome Community Solamar Apartment Homes...
JLL Capital Markets announced that it has arranged the $43 million construction takeout bridge financing for Solamar Apartment Homes, a 210-unit, build-to-rent townhome community located in Kissimmee, Florida.
JLL worked on behalf of the borrower,...
Greystar Announces Leasing Has Begun at Rae on Sunset in Los Angeles California
Greystar Real Estate Partners, LLC ("Greystar"), a global leader in the investment, development, and management of real estate, including rental housing, logistics and life sciences, announced that it had begun leasing Rae on Sunset.
Each...
JLL Arranged the Refinancing of the 444-unit Multifamily Community on Park Drive in Chicago
JLL Capital Markets announced that it has closed the $127 million refinancing of 465 N. Park Drive, a 444-unit, multifamily project located in the Streeterville neighborhood of downtown Chicago.
JLL represented the borrower, a joint...
Leasing Has Commenced at The Devan Luxury Multifamily Community in Jersey City
Fields Grade and Ursa Development Group announce the launch of leasing at The Devan, a new collection of 336 luxury rental residences paired with an elevated suite of amenities.
The distinctive eight-story building presents a...
