Multifamily

JLL Provides Agency Acquisition Financing for 589-Unit Apartment Community in Fort Worth

by Taylor Williams April 17, 2026

FORT WORTH, TEXAS — JLL has provided an undisclosed amount of Fannie Mae acquisition financing for LeftBank, a 589-unit apartment community in Fort Worth. Built in 2018 and located just west of the downtown area, LeftBank offers studio, one-, two-, three- and four-bedroom units that are furnished with stainless steel appliances, granite and quartz countertops, in-unit washers and dryers and private patios/balconies. Amenities include a pool, fitness center, bowling lounge, shared workspaces and a dog park with a washing station. Leon McBroom, Rob Bova, Lauren Dow and Ellie Savage of JLL originated the five-year, fixed-rate loan on behalf of the owner, Bow River Capital.

April 17, 2026

Affordable Housing Development Multifamily Texas

Housing Trust Group Completes $26M Affordable Housing Project in Northwest Austin

by Taylor Williams April 17, 2026

AUSTIN, TEXAS — Miami-based Housing Trust Group (HTG) has completed Red Oaks, a $26 million affordable housing community in northwest Austin. Red Oaks features 70 units that are reserved for households earning up to 30, 50 and 60 percent of the local area median income. Amenities include a pool, fitness center, playground, outdoor grilling areas, a dog park, clubroom and package lockers. HTG partnered with nonprofit group AM Affordable Housing and locally based consulting firm Thoman & Butler on the project. Bank of America provided a $15.6 million construction loan for the project, and the capital stack also included $16 million in Low-Income Housing Tax Credits that were allocated by the Texas Department of Housing and Community Affairs and syndicated through Raymond James.

April 17, 2026

Connecticut Loans Multifamily Northeast

Newmark Provides $111.4M Agency Loan for Refinancing of Multifamily Property in Danbury, Connecticut

by Taylor Williams April 17, 2026

DANBURY, CONN. — Newmark has provided a $111.4 million Fannie Mae loan for the refinancing of Abbey Lane Apartments, a 470-unit multifamily property located in the southern Connecticut city of Danbury. Abbey Lane Apartments features studio, one-, two- and three-bedroom units that are furnished with stainless steel appliances and in-unit washers and dryers. Select residences offer private patios or balconies. Amenities include a pool, coworking lounge and a children’s playroom. Rob Cantizano, Greg Primiano and Deric Obeldobel of Newmark originated the financing on behalf of the owner, Abacus Capital Group.

April 17, 2026

Connecticut Loans Multifamily Northeast

Greystone Funds $49.2M Agency Refinancing for Apartment Building in Norwalk, Connecticut

by Taylor Williams April 17, 2026

NORWALK, CONN. — Greystone has funded a $49.2 million Fannie Mae loan for the refinancing of SoNo Central, a 150-unit apartment building located in the southern coastal Connecticut city of Norwalk. Built in 2024, SoNo Central rises six stories and offers studio, one- and two-bedroom residential units in addition to 12 commercial spaces. Amenities include a pool, fitness center, community great room, bocce ball court and outdoor grilling and dining stations. Clint Darby and Andrew Remenschneider of Greystone originated the financing on behalf of the owner, Spinnaker Real Estate Partners.

April 17, 2026

Acquisitions Development Multifamily Northeast Pennsylvania Seniors Housing

Kislak Negotiates $7.9M Sale of Seniors Housing Development Site in Millersville, Pennsylvania

by Taylor Williams April 17, 2026

MILLERSVILLE, PA. — New Jersey-based brokerage firm The Kislak Co. Inc. has negotiated the $7.9 million sale of a seniors housing development site in Millersville, a suburb of Lancaster. The 67-acre site at 306 S. Duke St. is the future home of a 420-unit, age-restricted community that will be known as The Village at Funk’s Farms. Plans for the project also include a healthcare facility with up to 75 beds. Matt Wolf of Kislak represented the seller, HHF Real Estate, in the transaction and the buyer, Burkentine Builders.

April 17, 2026

Development Georgia Multifamily Southeast

Bell Partners Reopens 256-UnitMultifamily Community in Atlanta’s West Midtown

by Abby Cox April 17, 2026

ATLANTA — Bell Partners has reopened Bell Collier Village, a 256-unit multifamily community located along Howell Mill Road in Atlanta’s West Midtown neighborhood. Preleasing has already begun, and the first residences are expected to be available in June. Monthly rental rates begin at $1,315. The restored five-story apartment complex features a mix of studio, one- and two-bedroom floorplans, ranging in size from 426 to 1,657 square feet, according to Apartments.com. Amenities include a saltwater swimming pool, sundeck, fitness center, dog park, clubhouse, pet washing station, courtyard, grilling areas and a rooftop terrace.

April 17, 2026

Acquisitions California Multifamily Western

Marcus & Millichap Brokers Sales of Two Westside Los Angeles Multifamily Properties for $46.3M

by Amy Works April 17, 2026

LOS ANGELES — Marcus & Millichap has arranged the sales of two apartment complexes in the Brentwood neighborhood of Los Angles for a combined value of $46.3 million. Rabbie Banafsheha and Tony Azzi of the Azzi Group of Marcus & Millichap represented the seller in the deal. Totaling 61 units, the properties include an asset at 11911 Mayfield Ave. with 31 units and a nonconforming studio and a 29-unit building at 11860 Kiowa Ave.

April 17, 2026

Acquisitions Massachusetts Multifamily Northeast

Arrowpoint Properties Sells 51-Unit Apartment Building in Lowell, Massachusetts

by Taylor Williams April 17, 2026

LOWELL, MASS. — Regional owner-operator Arrowhead Properties has sold a 51-unit apartment building in the northern Boston suburb of Lowell. Wood Crest Apartments consists of two studios, 20 one-bedroom units and 29 two-bedroom residences that were fully occupied at the time of sale. Arrowpoint, which acquired the asset in late 2020 and implemented capital improvements, sold the building as part of a 1031 exchange. The buyer and sales price were not disclosed.

April 17, 2026

Acquisitions Illinois Midwest Multifamily Seniors Housing

Inland Purchases 156-Unit Senior Living Community in Metro Chicago

by Kristin Harlow April 17, 2026

MOKENA, ILL. — Inland Real Estate Acquisitions LLC has purchased Clarendale of Mokena, a 156-unit senior living community in Mokena, a southwest suburb of Chicago. The property features 60 independent living residences, 56 assisted living units and 40 memory care units. Amenities include a bistro, pub, dining room, fitness studio, theater room, salon, outdoor patio and landscaped grounds. Clarendale of Mokena was 94 percent occupied at the time of sale. Inland’s Matthew Tice and Brett Smith completed the transaction on behalf of an Inland affiliate. A joint venture between LCS and Nuveen Real Estate was the seller. LCS Community Operations will continue to provide management services for the community and its residents.

April 17, 2026

Development Florida Loans Multifamily Southeast

PCCP Provides $92.5M Construction Loan for Multifamily Development in Orlando

by John Nelson April 16, 2026

ORLANDO, FLA. — PCCP LLC has provided a $92.5 million construction loan for Emi on 50, a 336-unit apartment development located at 1840 E. Colonial Drive in Orlando’s Mills 50 neighborhood. The borrower is Terian Development. Set for completion in second-quarter 2028, the nine-story community will offer studio, one-, two- and three-bedroom units averaging 895 square feet in size, with 20 apartments designed as live/work units and 15 planned as two-story townhomes. Amenities will include a fitness center, speakeasy and a café, as well as a rooftop deck with a pickleball court, pool, grilling stations and a Zen garden.

April 16, 2026

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