multifamily news

Total 27 Posts
At Multifamily.Today, our multifamily news updates include information about economic trends, major deals, property financing and other subjects of interest to apartment investors, developers, managers, and other players in the multifamily industry.

Long Beach Luxury Asset Commands $49M

MWest Holdings paid more than $515,000 per unit for the 2019-built community.

Wolff Co. Sells Vegas Community for $151M

The 360-unit luxury asset is within Henderson, home to some of the metro’s fastest-growing rents.

Blackstone to Buy PAC for $5.8B

The all-cash deal at $25 per share is anticipated to close before the end of June.

NEF Closes Out $2.2B Investment Year

Amid a growing affordable housing crisis, one of the largest LIHTC syndicators reports its highest-ever year for investment.

MBA: 2022 Commercial Lending To Hit $1T

The forecast anticipates a 13% increase from last year amid ongoing optimism in the multifamily and most other CRE sectors.

New Jersey Community Gets $80M Refi

The financing for the 296-unit luxury community in Garwood pays down a $65 million construction loan.

South Florida Luxury Apartments Grab $91M Refi

The new loan from Wells Fargo comes barely two months after the 433-unit property traded for $153 million.