Other Multifamily News

BH Properties to Invest in Affordable Housing Sector

BH Properties (“BH”) has launched a new investment initiative into affordable housing  with a  goal of ultimately building a $1 billion portfolio of assets.  The new initiative will be led by veteran affordable housing executive William “Bill” Stoll who joins the firm as Managing Director, announced company President Jim Brooks.

Mesa West Capital has provided Atlanta-based real estate investment firm Audubon with a $71.5 million first mortgage, floating-rate loan secured by The Cooper, a 344-unit multifamily community in Mount Pleasant, South Carolina, a prominent suburb of Charleston.  

Mesa West Capital has provided Atlanta-based real estate investment firm Audubon with a $71.5 million first mortgage, floating-rate loan secured by The Cooper, a 344-unit multifamily community in Mount Pleasant, South Carolina, a prominent suburb of Charleston.  

Lawson is proud to share that Market Heights Apartments in Norfolk, VA have been awarded the Home Builders Association of Virginia Multifamily Project of the Year Award.

ASC Secures $3.89M Cash-Out Loan for Multifamily in Mahomet

Chicago, IL – June 12, 2023 – American Street Capital (“ASC”) announced today that it has secured a $3,895,000 cash-out refinance loan for a 160-unit multifamily complex located in Mahomet, IL.

Lincolnwood’s newest luxury apartment community is now leasing. District 1860, located at 7215 District Avenue, is a six-story mixed-use development, offering studio to three-bedroom apartments. Luxury Living – the exclusive leasing and marketing partner for District 1860 – recently revealed a first look at the development’s residential and amenity offerings with interior photos. Luxury Living was engaged by Tucker Development and AECOM-Canyon Partners, a joint venture between AECOM Capital and Canyon Partners.

Among the plentiful amenities available to residents of Solis Park, a neighborhood within Irvine’s Great Park Neighborhoods community, architecture firm AO is excited to reveal the completion of “The Cave,” an impressive resort-style community pool and lounge, and “The Cove” community event center. Interior and architectural designers at AO, a leading full-service architecture firm with design expertise spanning 17 industries, drew inspiration from nature’s elements, prehistoric art and the California landscape to create the one-of-a-kind poolside amenity and gathering space.  

New Yorkers are gaining the information and skills needed to fulfill the dream of buying their first home through a HUD-Approved Housing Counseling Program offered by the non-profit NYC Housing Partnership.

With a $2 billion real estate portfolio, two new residential towers in Allapattah nearing completion, and entitlements to build a new, 1,250-unit mixed-use community on the west bank of the Miami River near the future Miami soccer stadium, Neology celebrated its two-decade (plus one, thanks to the pandemic) milestone last week during a private celebration at Casa Florida – just steps from the developer’s first condo project, Neo Lofts, on the Miami River.