NRP Group to build affordable housing community in Cleveland
The NRP Group has been awarded housing credits in a competitive application process administered by the Ohio Finance Housing Agency. The credits will be used…
multifamily
Berkadia closes sale of apartment communities in Iowa, Indiana
Berkadia closed the sales of The Landing of Clinton in Clinton, Iowa, and Indian Springs in South Bend, Indiana, two multifamily properties totaling 758 units.…
Milhaus’ Grid apartment development open for residents in Indianapolis
Milhaus announced the recent grand-opening of Grid, a $30.4 million apartment project at 520 E. Washington St. in Indianapolis. Grid includes 175 apartment units and…
FOURMIDABLE earns management contract for 88-unit multifamily property in Michigan
FOURMIDABLE will continue its partnership with the New Haven Housing Commission after being awarded the management contract for Pinewoods Apartments in New Haven, Michigan. FOURMIDABLE…
M&R Development building 270-unit apartment building in Madison
M&R Development announced has begun construction on a 270-unit luxury apartment building in Madison, Wisconsin, named Elevate. Located at 5022 American Parkway, Elevate’s first move-ins…
Good news for apartment owners: Vast majority of tenants still paying rent on time
Despite the economic challenges caused by the COVID-19 pandemic, more than 92 percent of apartment households made full or partial rent payments in the second…
Franklin Property Corporation building 52-home development in Michigan
Franklin Property Corporation, on behalf of Hunter Pasteur Homes, broke ground on land development improvements for Gramercy Ridge, a luxury 52-unit condominium development in West…
Hunt Real Estate Capital provides $17 million refinance loan for Toledo apartment property
Hunt Real Estate Capital has provided a $17.2 million Fannie Mae conventional multifamily loan to refinance a an apartment property in Toledo, Ohio. Steeplechase Apartments…
GBT Realty begins construction on major mixed-use project in Nashville market
GBT Realty Corporation started construction on Parke West, a mixed-use project near Nashville, Tennessee's West End neighborhood. This comes after GBT added local partner Chartwell…
Greystone provides $14 million loan to refinance Crown Point apartment property
Greystone has provided a $14 million FHA-insured loan to refinance a 174-unit multifamily property in Crown Point, Indiana. The transaction was originated by Dan Sacks…