Multifamily

Thompson Thrift to Begin Construction on 300-Unit Luxury Multifamily Community Near Savannah

by Abby Cox July 24, 2026

POOLER, GA. — Thompson Thrift plans to soon break ground on The Foundry at Mosaic, a 300-unit luxury multifamily community located in Pooler, a western suburb of Savannah. The development will be capitalized with equity from the Thompson Thrift 2025 Multifamily Development investment fund. Construction is expected to begin this month, with resident move-ins anticipated for November 2027. Situated within the Mosaic Town Center mixed-use development, The Foundry will feature a mix of one-, two- and three-bedroom apartments spanning up to 1,475 square feet in size. Amenities will include a resort-style swimming pool, 24/7 fitness center, courtyards, an outdoor entertainment kitchen, grilling areas, a pickleball court, dog park, resident conference room, billiards, shuffleboard, a golf simulator and a variety of indoor/outdoor gathering spaces. The Foundry at Mosaic marks Thompson Thrift’s second multifamily development near the Savannah Quarters master-planned community. In addition, the firm recently completed construction on The Liliana, a 360-unit luxury apartment community currently leasing nearby.

July 24, 2026

Loans Multifamily New York Northeast

M&T Realty Capital Provides $141.4M Loan for Refinancing of Manhattan Apartment Building

by Taylor Williams July 24, 2026

NEW YORK CITY — M&T Realty Capital Corp. has provided a $141.4 million bridge loan for the refinancing of Anagram Turtle Bay, a 194-unit apartment building located at 300 E. 50th St. in Manhattan. Designed by BKSK Architects, the 23-story building houses studio, one-, two- and three-bedroom units, as well as street-level retail space. Amenities include a fitness center, library, coworking lounge, landscaped garden spaces, media lounge and a rooftop terrace. The three-year loan includes an extension option and retires a $95 million construction loan provided by Bank OZK. The borrower is local owner-operator Global Holdings.

July 24, 2026

Acquisitions Midwest Missouri Multifamily

Northmarq Brokers $70M Sale of Multifamily Property in Wentzville, Missouri

by Kristin Harlow July 24, 2026

WENTZVILLE, MO. — Northmarq has brokered the $70 million sale of Villages at Lake Silvercote, a 381-unit, garden-style multifamily property in Wentzville. Dominic Martinez, Parker Stewart, Alex Malzone and Charlie McKee of Northmarq represented the seller, a local investment group. The buyer was a private firm. Villages at Lake Silvercote features a mix of one-, two- and three-bedroom apartments and townhome-style residences, averaging 1,190 square feet. Amenities include a pool, fitness center, clubhouse and barbecue grill areas.

July 24, 2026

Acquisitions Illinois Midwest Multifamily

Becovic Residential Buys The Vivian in Chicago’s Rogers Park Neighborhood for $25.6M

by Kristin Harlow July 24, 2026

CHICAGO — Becovic Residential has acquired The Vivian, a nine-story apartment building located at 6807 N. Sheridan Road in Chicago’s Rogers Park neighborhood, for $25.6 million. The Vivian features 160 units, comprised of 104 studios and 56 one-bedroom apartments along with 9,915 square feet of ground-floor commercial space. Originally constructed in 1921 as the historic Rogers Park Hotel, the building has been thoughtfully restored to preserve its Art Deco architecture. Amenities include a rooftop lounge and clubroom with views of Lake Michigan and the Chicago skyline, a fitness center housed within the building’s original ballroom, a renovated lobby and resident gathering areas, bike storage and a dog wash. Over the past several years, the property has received more than $10 million in capital improvements, including elevator modernization, plumbing and electrical upgrades, replacement of water risers, common area renovations and the creation of new amenity spaces. Pete Evans of Berkadia brokered the sale. Elizabeth Hozian of Associated Bank structured financing for the acquisition. Becovic Management Group Inc. will manage the property.

July 24, 2026

Acquisitions Kansas Midwest Multifamily

Caisson Capital Partners Acquires Kansas Apartment Community for $23.4M

by Kristin Harlow July 24, 2026

OVERLAND PARK, KAN. — Caisson Capital Partners has acquired Preston Court, a 181-unit multifamily community in Overland Park, for $23.4 million. The acquisition marks the firm’s first investment in metro Kansas City and increases its multifamily assets under management to more than $100 million. Built in 1968, Preston Court features units averaging 1,034 square feet. Amenities include a business center, clubhouse, fitness center, pool, picnic areas and pet-friendly spaces. Caisson acquired the property at a 6.3 percent cap rate utilizing fixed-rate Fannie Mae financing. Caisson plans to modernize apartment interiors while enhancing common areas, landscaping and signage. CBRE represented the seller, Price Brothers.

July 24, 2026

Affordable Housing California Loans Multifamily Western

Walker & Dunlop Arranges $28.9M Loan for Refinancing of Affordable Housing Complex in Los Angeles

by Amy Works July 24, 2026

LOS ANGELES — Walker & Dunlop has arranged a $28.9 million loan for the refinancing of Billy G. Mills Manor, an affordable housing complex next to the University of Southern California in Los Angeles. Jeff Kearns and Laura Woltanski of Walker & Dunlop secured the refinancing through HUD/FHA’s Section 223(f) loan program on behalf of Watt Capital Developers. Billy G. Mills Manor features 102 affordable housing units supported by a Project-Base Section 8 Housing Assistance Payment (HAP) contract covering 100 percent of the residences. The refinancing will also fund approximately $30,000 per unit for planned renovations, including roof replacement, new windows and sliding doors throughout the property. The transaction closed simultaneously with a 20-year renewal of the property’s Project-Base Section 8 contract, preserving long-term affordability.

July 24, 2026

Acquisitions California Multifamily Seniors Housing Western

TCC Properties Sells 101-Unit Seniors Housing Property in Willits, California

by Amy Works July 24, 2026

WILLITS, CALIF. — TCC Properties has sold Redwood Meadows, a 101-unit seniors housing property in the Northern California city of Willits, to Echelon Communities for $10.8 million, or $106,931 per unit. Isaak Heitzeberg of Marcus & Millichap represented the seller in the transaction and procured the buyer in conjunction with Marcus & Millichap’s Andres Guerra. Built in 1989 on 7.1 acres, Redwood Meadows features four studio units, 58 one-bedroom residences and 39 two-bedroom apartments. Community amenities include a clubhouse, redwood garden, two laundry rooms, rentable storage units and a dog park. Located at 1475 Baechtel Road, the site also includes land with initial city approval for up to 15 additional units.

July 24, 2026

Development Loans Multifamily Texas

Dwight Capital Provides $66M HUD-Insured Construction Loan for Abilene Multifamily Project

by Taylor Williams July 23, 2026

ABILENE, TEXAS — New York City-based Dwight Capital has provided a $66 million HUD-insured construction loan for The Lariat at Abilene, a 312-unit multifamily project in West Texas. Situated on 13 acres, the garden-style property will comprise 13 three-story buildings that will house 186 one-bedroom units and 126 two-bedroom units, as well as a clubhouse building. Amenities will include a pool, fitness center, pickleball court and outdoor grilling and dining areas. Brandon Baksh and Tommy Ng of Dwight originated the financing through HUD’s 221 (d)(4) program on behalf of the borrower, Martin Inderman Development.

July 23, 2026

Acquisitions Multifamily New York Northeast

ACP Negotiates Sale of 98-Unit Apartment Building in Slingerlands, New York

by Taylor Williams July 23, 2026

SLINGERLANDS, N.Y. — Regional brokerage firm Adirondack Capital Parters (ACP) has negotiated the sale of Meadowbrook Apartments, a 98-unit building in Slingerlands, about 10 miles west of Albany. The property offers one- and two-bedroom units with private balconies/patios and amenities such as an outdoor pool, tennis courts, fitness center, community room and a clubhouse. Michael Hunter Coghill of ACP represented the seller, Berkeley Property LLC, in the transaction and procured the undisclosed buyer.

July 23, 2026

Development Multifamily Southeast Virginia

Bonaventure Breaks Ground on $85.3M Multifamily Development in Norfolk

by John Nelson July 23, 2026

NORFOLK, VA. — Bonaventure has broken ground on Attain at Newtown, an $85.3 million multifamily development located at 6659 E. Virginia Beach Blvd. in Norfolk. The 320-unit project, which is situated within an opportunity zone, is the second Attain-branded multifamily development that Bonaventure has begun construction on in the past month. The developer is financing Attain at Newtown with equity from Cafritz Asset Management LLC and a HUD 221(d)(4) loan originated by Greystone. Bonaventure plans to deliver first units in fall 2027. The Class A community will offer a mix of one-, two- and three-bedroom residences averaging 1,010 square feet in size. The design-build team includes general contractor Marlyn Development Corp., architect Cox, Kliewer & Co. and civil engineer Timmons Group. Bonaventure affiliate Vest Residential will serve as the property manager for Attain at Newtown.

July 23, 2026

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