Despite their age and lifestyle disparities, both boomers and Millennials are competing for the same housing in many of the same areas, generating demand for
multifamily development with attractive amenities.
Downtown Milwaukee has seen a boom in new
multifamily development with about 600 new units proposed for development.
Not exact matches
TEMPE, ARIZ. — Transwestern
Development Co., in partnership
with FL Lakeside Investor LLC, has completed the disposition of Vela, a
multifamily community located at 555 N. College Ave. in Tempe.
Since 2011, in The Bronx HCR has financed 13,794 apartments in affordable
multifamily developments — including 790 supportive units —
with more than $ 982 million in HCR resources which have leveraged more than $ 3 billion in other private and public sources.
In recent years there has been increasing pressure to replace the single - family housing
with higher density residential
development which is permitted by the existing
multifamily zoning in this area.
This area is characterized almost exclusively by
multifamily apartment
development, generally two, three and four stories
with no particular design theme.
Over the next 18 months, we'll be working
with multiple partners in several states to develop innovative projects targeting low - income communities through community,
multifamily and rooftop solar and workforce
development.
With a wealth of experience in complex commercial real estate transactions, Marc Heller focuses his practice on acquisitions and dispositions of
multifamily properties and
development throughout the United States and related joint ventures.
Represented regional
multifamily developers in a private public partnership for the redevelopment of five distinct
development «blocks» in the City of Rockville, Maryland
with a mixed - use project comprised of public and private mixed - use improvements.
With services including sales of
multifamily buildings and
development sites, they sold more than $ 1.2 billion in commercial and rental properties across the Lower Mainland and British Columbia, including North Vancouver, Burnaby, New Westminster and Victoria.
And
with more
multifamily and commercial
development creeping into the area and no other property management companies nearby, Giefer is primed to be the first out of the gate.
Lynd, a national real estate investment,
development and management company specializing in the
multifamily sector, is continuing
with its strategy of investing in distressed real estate.
«Ottawa has one of the most coveted
multifamily markets in the country and the demand for high - quality rental units has seen the
development of purpose - built rental units,» says Mark Paterson, Ottawa broker of record
with Marcus & Millichap.
Tim Lee serves as the vice president of corporate
development and legal affairs at Olive Hill Group, a privately - owned investor, operator and developer of commercial real estate properties
with a portfolio of office, retail, hospitality and
multifamily properties.
Tim Lee is the vice president of corporate
development and legal affairs at Olive Hill Group, a privately - owned investor, operator and developer of commercial real estate properties
with a diverse portfolio of office, retail, hospitality and
multifamily properties.
Realtors ® joined forces
with Habitat for Humanity of Greater San Francisco to help construct a
multifamily housing
development for low - income families in the San Francisco area.
LOS ANGELES AND ATLANTA — Cohen & Associates, a Los Angeles - based real estate investment firm, has refinanced the
multifamily portion of a six - year - old, mixed used
development in Downtown Atlanta's Historic Auburn Avenue District
with a $ 10 million loan from Prudential Mortgage.
Throughout his career, Staton has underwritten and closed more than 200
multifamily development mortgages
with a collective value in excess of $ 1 billion.
Researchers say
multifamily properties still make for a smart investment, given that on a nationwide basis new
development hasn't caught up
with new household formation.
Multifamily completions are expected to peak in early 2018 — but there are still several markets
with aggressive
development activity.
More mixed - use
development came out of the current cycle than ever before,
with a focus on
multifamily with retail uses, office uses, or both.
Loeb & Loeb is a multiservice law firm
with a Real Estate Finance Practice widely recognized for its experience representing virtually all types of lenders and borrowers in a wide range of financing and servicing arrangements for the acquisition, sale, construction and
development of commercial,
multifamily and hotel properties across the U.S..
Despite being associated
with hedge funds and private equity, this proposal would also have an impact on the
multifamily sector, where the use of carried interest is a common financing mechanism to attract equity for the
development of residential rental property.
David brings deep expertise in every facet of residential real estate and
multifamily development to his role as president of ON Collaborative where he works hand - in - hand
with developers across the country to implement high - performance projects that exceed their goals.
Current state law allows municipalities to adopt a zoning law permitting
multifamily housing construction in nonresidential zoning districts
with a special permit but does not require municipalities to permit
multifamily development by right.
Our residential agents will assist you
with investing in condominiums, single or
multifamily homes and large - scale residential
developments.
Suppose you were presented
with an opportunity to invest in brand new small
multifamily (4 units) properties in a new
development in an established Texas market
with impressive population growth and solid tenant demand
with strong median household incomes to support your rents.
Tallahassee has continued to grow as a prime location for
multifamily development,
with Waypoint Residential recently purchasing a 288 - unit student housing property in the city, which will be converted into traditional apartments.
Transforming it into a completely new 39 - story mixed - income, mixed - use
development with luxury apartments, offices, retail, municipal offices, and affordable and low - income housing required structuring California's largest ever
multifamily tax - exempt mortgage revenue bond.
Clyde Holland is responsible for the strategic direction of Holland Partner Group, which actively develops, redevelops, acquires and manages
multifamily communities in the Western U.S. Holland Partner Group has established itself as an industry leader,
with seven
development projects currently in progress, over 15,000 units under management, and an acquisition team that has acquired and successfully repositioned over 10,000 units.
Martell & Associates, a Washington D.C. — based law firm headed up by Mary Martell, formerly an attorney at the Department of Housing and Urban
Development, suggested that the FHFA eliminate
multifamily programs at the GSEs that duplicate or overlap
with existing programs at HUD or other federal agencies.
«A lot of current apartment residents around the country had a preference for living in proximity to a variety of land uses, including restaurants and retail, which would lend itself to a town center style
development,» says Caitlin Walter, director of research for the National
Multifamily Housing Council (NMHC), which conducted its own «2015 Resident Preferences Survey»
with Kingsley Associates.
Harbert Realty Services has teamed
with Four Star Holdings on Legacy Springs, a mixed - use
development in Odenville, Alabama that will include a new grocery store, additional retail space and, soon to come, a 220 - unit
multifamily component.
With this in mind, owners and investors have started to install car - charging stations throughout
multifamily developments.
Todd Wigfield, managing director of
development at Greystar, a national
multifamily property management firm, said that such grocery stores are becoming the key anchor to mixed use,
with «grocery first, then residential and everything else coming second.»
Multifamily developments are also on the rise in the neighborhood,
with demand spurred by job growth.