Other Multifamily News

HFF announces $17.3 million in financing for Spring Meadow, a 271-unit, apartment community in the Phoenix suburb of Glendale, Arizona.

Holliday Fenoglio Fowler, L.P. (HFF) announces $31 million in financing for two San Antonio, Texas, apartment communities totaling 636 units – Brynwood Apartments and Sereno Park Apartments.

Holliday Fenoglio Fowler, L.P. (HFF) announces financing totaling $172.845 million for five apartment communities comprising 1,534 units in the Denver and Houston metropolitan areas.

Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, is pleased to announce Phase I of the Tennessee Brewery is now completely leased.

Statement from the National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) in response to President Trump’s State of the Union address:

Audubon Communities, an Atlanta-based company specializing in the acquisition, repositioning and management of multifamily properties across the Southeast, has completed $1.1 million in renovations and upgrades at two Class A multifamily communities in Decatur, Georgia.

 JACKSONVILLE, Fla. (May 15, 2018) – The First Coast Apartment Association (FCAA) has installed its board of directors for 2018. The board was sworn in at the annual installation meeting last month.

Greystone, a real estate lending, investment, and advisory company, announced it has provided a $36,320,000 HUD-insured permanent loan to refinance Gables of Troy, a 544-unit multifamily property in Troy, MI. The transaction was originated by Cary Belovicz and Steve Van Riper of Greystone Bel Real Estate Advisors, and John Marr of Greystone, on behalf of Kaftan Communities.

Greystone Development, a New York-based real estate development company, and preservation experts Walter B. Melvin Architects, announced that the New York Landmarks Conservancy has recognized the 227 4th Avenue property with the Lucy G. Moses Preservation Award. Named for the late New York City philanthropist, the annual Lucy G. Moses awards are the Conservancy’s highest honors given for outstanding preservation.