Multifamily

Lansing’s Cinnaire raises $134 million for affordable-housing developments in five states

Lansing, Michigan-based Cinnaire closed a $134 million Low-Income Housing Tax Credit (LIHTC) fund, Cinnaire Fund for Housing 44. The fund will finance 12 affordable housing developments across five states, creating…

Eastham Capital acquires 509-unit apartment community in Mount Prospect

Eastham Capital acquired The Element, a 509-unit garden-style community in Mount Prospect, Illinois, a suburb of Chicago. South Florida-based Eastham Capital acquired the community for…

Louisville’s CF Capital adds acquisitions principal

Louisville, Kentucky-based CF Capital hired Alex Terauds as Acquisitions Principal. Terauds brings more than a decade of experience across multifamily investing, capital markets and operational execution. Most…

StreetLights Residential begins leasing at Houston’s The Langley

StreetLights Residential unveiled The Langley, Houston’s newest boutique residential high-rise conceived as a modern-day estate, with the official launch of leasing. Rising 20 stories above the live…

Subtext celebrates groundbreaking of VERVE College Station near Texas A&M

Subtext, together with its equity partner Larson Capital Management and lender QuadReal Property Group, celebrates the groundbreaking of VERVE College Station, a student housing development at 311 Stasney St. in College…

OHT Partners breaks ground 375-unit apartment building in Austin

OHT Partners has broken ground on The Martin, a new “core asset” aimed at serving the housing needs of working young professionals in central east Austin, Texas. Located…

Chicago’s Daniel Management Group makes two hires

Chicago's Daniel Management Group made two new corporate hires. Ian Bingham, an experienced multifamily executive joins DMG as senior vice president of business development. Additionally, DMG…

Marcus & Millichap closes sale of 173-unit multifamily property in Channahon

Marcus & Millichap brokered sale of Mallard Point Apartments, a 173-unit multifamily asset in Channahon, Illinois. The property sold for $24,625,000, which equates to $142,341…

Another reason for multifamily demand? The cost of renting remains cheaper than owning in every major U.S. metro area

There are plenty of reasons for the multifamily sector's resilience. Many people are choosing to rent rather than buy a home. Mortgage interest rates are…

Crescent Community celebrates land closing for 277-apartment community in West Nashville

Crescent Communities celebrated the land closing at NOVEL Richland Creek, a new multifamily community in West Nashville, Tennessee. Featuring 277 apartment homes and 4,800 square…

Multifamily

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