Features
How to Maintain Multifamily Investment Momentum in the Face of Rising Interest Rates
General Contractors Overcome Triple Threat of Rising Costs, Supply Chain Issues and Labor Shortages
Lee & Associates’ Second-Quarter 2022 Economic Rundown by Sector
Yardi Matrix Report: Institutions Will Own 40 Percent of All Single-Family Rentals by 2030
Lending Activity
JLL Arranges $176M Construction Loan for Brooklyn Multifamily Project
ACORE Capital Provides $127.5M Loan for Refinancing of Manhattan Office Building
Berkadia Arranges $64.1M Acquisition Loan for Apartment Community in Tampa
Newmark Secures $29M Acquisition Financing for Student Housing Property in Clemson
JLL Arranges $230M Construction Loan for Life Sciences Project in Somerville, Massachusetts
Developments
Bridge Industrial Acquires Land for 186,880 SF Project in Melrose Park, Illinois
Kalterra Capital to Develop 184-Unit Multifamily Project in Waxahachie, Texas
Portman, Creed Investment to Top Out 16-Story Moore Office Building in Midtown Nashville
RightQuest Residential Breaks Ground on 264-Unit Paloma San Antonio Apartments
Suffolk to Build 46-Story Mixed-Use Condominium Tower in Downtown St. Petersburg, Florida
JLL Arranges $49.4M Construction Loan for Flagstaff Elkwood Multifamily Development in Arizona
McShane to Build 47-Unit Affordable Housing Adaptive Reuse Project in Aurora, Illinois
Bradford Commercial Launches $8M Renovation of North Dallas Office Building
JLL Debuts 26,000 SF Flex Coworking Space at Cummins Station in Downtown Nashville
REDA, Clarion, ECM Management Break Ground on 210,355 SF Almond Commerce Center in Fontana, California
Woda Cooper Opens 50-Unit Affordable Housing Community in Downtown Portsmouth, Virginia
Milhaus Begins Development of $66.8M Apartment Complex in Kansas City
Acquisitions
JLL Brokers Sale of 175-Unit Multifamily Property in Suburban Milwaukee
CapRidge Partners Sells Scottsdale Forum Office Building in Arizona for $53.6M
Castle Lanterra Sells Two Multifamily Properties Totaling 570 Units in Corpus Christi
37th Parallel Properties Buys 344-Unit Apartment Community in Fort Worth
SummerHill Sells 333-Unit Eleanor Multifamily Community in Milpitas, California for $193M
Marcus & Millichap Negotiates $27.5M Sale of Multifamily Portfolio in Metro Omaha
Marcus & Millichap Negotiates $4.5M Sale of Retail Building in Lawrence, Kansas
Tailwind Investment Buys 168-Unit Vista Grande Active Adult Community in Rio Rancho, New Mexico
Berkshire Hathaway Brokers Sale of 278-Unit Self-Storage Facility in Amarillo
Mission Hill Hospitality Acquires Two Hotels Totaling 171 Rooms in Lenox, Massachusetts
Berkadia Arranges $64.1M Acquisition Loan for Apartment Community in Tampa
GREA Negotiates $58M Sale of Avenue 33 Apartments in Stockbridge, Georgia
Leasing Activity
Whole Foods Market Opens 54,667 SF Store in Pittsburgh’s East Liberty Area
JLL Debuts 26,000 SF Flex Coworking Space at Cummins Station in Downtown Nashville
How to Maintain Multifamily Investment Momentum in the Face of Rising Interest Rates
Bassett Furniture Signs 39,582 SF Industrial Lease in Arlington
Industrious to Open New Location in Indianapolis
Company News
JB Capital, Taylor Street Partner on Commercial Real Estate Lending Fund
Amazon Agrees to Acquire Primary Care Chain One Medical for $3.9B
Toys ‘R’ Us, Macy’s Launch In-Store Partnership
American Tower Sells Minority Stake in Data Center Portfolio to Stonepeak for $2.5B
Caterpillar to Relocate Global Headquarters from Deerfield, Illinois, to Irving, Texas
