Multifamily

TruAmerica Multifamily Breaks Ground on 154-Unit Townhome Community in Santa Clarita, California

by Amy Works November 9, 2026

SANTA CLARITA, CALIF. — TruAmerica Multifamily has broken ground River Walk Townhomes, an apartment community in Santa Clarita. TruAmerica acquired the 10-acre site at 18300 Soledad Canyon Road in August 2026 and recently closed on construction financing for the development. First Citizens Bank & Trust Co. provided the financing. Jim Fisher of Northmarq represented the buyer and seller on the land purchase. David Pelaia of JLL arranged the construction loan. River Walk will feature 144 two-story, three-bedroom townhomes and 10 affordable apartments, providing a mix of market-rate and attainable rental housing options. Additionally, the community will feature 8,500 square feet of commercial and retail space. The first townhomes and community spaces are slated for delivery in spring 2028, with full completion scheduled for fall 2028. The community will feature a clubhouse with a fitness center and resident lounge, as well as a pool and spa, tot lot, dog park and outdoor barbecue patios.

November 9, 2026

Loans Midwest Multifamily Wisconsin

MMCC Arranges $34M in Financing for Wisconsin Multifamily Property

by Kristin Harlow November 9, 2026

STEVENS POINT, WIS. — Marcus & Millichap Capital Corp. (MMCC) has arranged $34 million in financing for North Side Yard, a newly developed multifamily property with 213 units in Stevens Point. Robert Bhat of MMCC secured the loan through a national bank on behalf of a private client. The five-year, nonrecourse loan features a 75 percent loan-to-value ratio, five years of interest-only payments and a 6.8 percent interest rate. North Side Yard is a three-building complex with ground-floor retail and office suites. The property offers studio, one- and two-bedroom units.

November 9, 2026

Affordable Housing Development Midwest Multifamily Ohio Seniors Housing

Jonathan Rose, COF to Undertake $32.8M Rehabilitation of Ohio Seniors Housing Community

by Kristin Harlow November 9, 2026

ASHTABULA, OHIO — Jonathan Rose Cos. and Community Opportunity Fund (COF) have unveiled plans for a $32.8 million rehabilitation of Ashtabula Towers, a 202-unit affordable seniors housing community in Ashtabula. The property was developed in the 1970s. the renovation will address building systems, resident amenities and in-unit improvements. The project will preserve access to affordable housing for households earning up to 60 percent of the area median income, while existing Section 8 affordability commitments will be extended for an additional 20 years. KeyBank Community Development Lending and Investment is serving as both investor and permanent lender, with additional financing provided through tax-exempt bonds issued by the Ashtabula City Port Authority and tax credits allocated by the Ohio Finance Agency. COF secured a $3.9 million Community Project Funding grant, which will fund upgrades to the building’s heating and cooling systems.

November 9, 2026

Acquisitions Loans Multifamily Texas

Newmark Provides $53.9M Agency Acquisition Loan for Multifamily Property in Northlake, Texas

by Taylor Williams November 6, 2026

NORTHLAKE, TEXAS — Newmark has provided a $53.9 million Fannie Mae acquisition loan for Dry Creek Ranch, a 456-unit multifamily property in Northlake, located north of the metroplex in Denton County. Built on 29 acres between 2014 and 2017, Dry Creek Ranch features one-, two- and three-bedroom units and amenities such as multiple pools, a fitness center, clubhouse, business center, basketball court and a car wash station. Adam Randall, John Westby-Gibson and Drake Blodgett of Newmark originated the five-year, fixed-rate loan on behalf of the buyer, Denver-based Bow River Capital. Drew Kile, Taylor Hill, Joey Tumminello, Michael Ware and Shelby Vosburg of Institutional Property Advisors, a division of Marcus & Millichap, represented the seller, Western Securities, in the transaction and procured Bow River as the buyer.

November 6, 2026

Loans Multifamily New York Northeast

Affinius Capital Provides $226M Loan for Refinancing of Downtown Brooklyn Apartment Tower

by Taylor Williams November 6, 2026

NEW YORK CITY — Affinius Capital has provided a $226 million loan for the refinancing of 55 House, a 43-story apartment tower in downtown Brooklyn. The building houses 295 residences — 206 market-rate apartments and 89 affordable housing units — as well as 3,500 square feet of retail space. Units come in studio, one-, two- and three-bedroom floor plans, and amenities include a fitness center, rooftop terrace, lounge, media room and coworking space. The project was announced in June 2023, and leasing launched earlier this year. The borrower is a joint venture between locally based developer Lonicera Partners and New York-based investment firm Rabina.

November 6, 2026

Eliot-on-Ocean-Revere-Beach-Massachusetts

Loans Massachusetts Multifamily Northeast

JLL Arranges $67.3M Loan for Refinancing of Metro Boston Apartment Building

by Taylor Williams November 6, 2026

REVERE BEACH, MASS. — JLL has arranged a $67.3 million loan for the refinancing of Eliot on Ocean, a 194-unit apartment building in Revere Beach, located northeast of Boston. Built in 2016, Eliot on Ocean offers one-, two- and three-bedroom units and amenities such as a fitness center, entertainment lounge, game room, outdoor grilling and dining stations and multiple outdoor terraces. Scott Aiese, Tom Sullivan and Alex Staikos of JLL arranged the three-year, floating-rate loan through Bridge Investment Group on behalf of the owner, Invictus Real Estate Partners.

November 6, 2026

Acquisitions Kansas Midwest Multifamily

Northmarq Brokers Sale of 56-Unit Apartment Complex in Lawrence, Kansas

by Kristin Harlow November 6, 2026

LAWRENCE, KAN. — Northmarq has brokered the sale of 1621West Apartments, a 56-unit property in Lawrence. Casey Wilhm, Jeff Lamott and David Belpedio of Northmarq represented the seller, DCBE1621 LLC. The Robert Corry and Nathalie Corry Family Revocable Trust was the buyer. The asset features a mix of one- and two-bedroom units. Built in 2026, the property is located within one mile of the University of Kansas campus.

November 6, 2026

Arizona Loans Multifamily Western

CrossHarbor Capital Secures $78.5M in Construction Financing for Multifamily Community in Tempe

by Amy Works November 6, 2026

TEMPE, ARIZ. — CrossHarbor Capital Partners has received $78.5 million in construction take-out financing for The Alyssa, a Class A apartment property in Tempe. Brad Miner, Drew Lydon, Jack Kurchat and Henry Smith-Hastie of JLL Capital Markets Debt Advisory secured the loan form Corten Real Estate through its senior credit platform. Delivered in 2024, the four-story The Alyssa features 335 studio, one-, two- and three-bedroom floor plans ranging from 504 square feet to 1,658 square feet with an average unit size of 881 square feet. Unit interiors include natural stone countertops, Shaker-style cabinetry, wood-style flooring, custom pendant and under-cabinet lighting, stainless steel appliances, 10-foot ceilings in living rooms and full-size in-unit washers/dryers. The community features a resort-style amenity package, including a swimming pool with fountain features and sundeck, an outdoor lounge with fireplace and private dining spaces, Peloton-equipped fitness center with cardio and strength equipment, coworking lounges with coffee bar, 605-space controlled-access parking garage with EV charging stations and a community pet wash station.

November 6, 2026

Development Multifamily North Carolina Southeast

Wood Partners, GrayCo Capital to Break Ground on 301-Unit Multifamily Community Near Durham

by Abby Cox November 6, 2026

HILLSBOROUGH, N.C. — Wood Partners, in partnership with GrayCo Capital Advisors, will break ground on Alta Meadowlands, a 301-unit multifamily community located in Hillsborough, approximately 13 miles northwest of Durham. The apartment complex, which is expected to be completed in spring 2028, will be situated within the Meadowlands Business Park and adjacent to the Orange County Sportsplex. Alta Meadowlands will offer 146 one-bedroom, 135 two-bedroom and 20 three-bedroom apartments. Roughly 10 percent of the units will be income restricted. Amenities at the complex will include a clubhouse, fitness center, coworking space, gaming and lounge areas, a swimming pool, dog park and a pet spa. As part of the project, Wood Partners is also constructing a new pedestrian sidewalk path to directly connect the Eno Haven senior community to the adjacent Orange County Sportsplex and the nearby Passmore Senior Center. Wood Partners acquired the site from Duke Health. Emilee Collins and Mark O’Neal of Pickett Sprouse Commercial Real Estate represented the seller in the land transaction.

November 6, 2026

Acquisitions Colorado Multifamily Seniors Housing Western

SLIB Arranges Sale of 126-Bed Skilled Nursing Facility in Castle Rock, Colorado

by Amy Works November 6, 2026

CASTLE ROCK, COLO. — Senior Living Investment Brokerage (SLIB) has arranged the sale of Brookside Inn, a skilled nursing facility located in Castle Rock, about 30 miles southeast of downtown Denver. A California-based skilled nursing operator acquired the asset from a Colorado-based entity, which has owned and operated the community since 1997, for an undisclosed price. The 43,184-square-foot property offers 126 beds. Vince Viverito, Jason Punzel, Jake Anderson and Taylor Graham of SLIB represented the seller in the transaction.

November 6, 2026

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