Multifamily

Multifamily real estate news and analysis focusing on the trends, investments, and developments shaping apartments, mixed-income housing, and rental communities. With insights on market demand, capital flows, and zoning shifts, Commercial Observer is the go-to resource for CRE professionals navigating the multifamily market. Read more about commercial real estate in the Residential Industry.

Ascendent Capital Partners CEO Russell Gimelstob, Acore Capital Founder and CEO Warren de Haan, and a rendering of the Mission Gorge project in San Diego.
Finance  ·  Construction
California

Acore Leads $112M Financing for San Diego Affordable Housing Project

By Nick Trombola
Denny St. Romain and Charles Crapse of CBRE and Alexan Miramar.
Investments & Sales
Florida

Maryland Investor Pays $67M for 250-Unit Multifamily Property in Miramar, Fla.

By Jeff Ostrowski
Cityview CEO Sean Burton and Candela apartments at 1950 Tamarind Avenue in Hollywood, Calif.
Investments & Sales  ·  Value-Add
California

Cityview Pays Raintree Partners $36M for Hollywood Apartments

By Nick Trombola
Perry Katz, vice president at Affinius Capital, and a rendering for a planned residential tower at 358 Livingston Street, Brooklyn.
Finance  ·  Construction
New York City

Affinius Capital Supplies $132M Construction Loan for Brooklyn Resi Tower 

By Andrew Coen
Irvine Company Chairman Donald Bren and the MacArthur Court office complex.
Development  ·  Conversion
California

Irvine Company Plans to Convert Newport Beach Offices Into 700 Apartments

By Nick Trombola
Rendering for the renovated Frederick Samuel Apartments, a 664-unit affordable housing complex in Harlem.
Development  ·  Finance
New York City

Berkadia Provides $71M in Acquisition Financing on $342M Harlem NYCHA Deal

By Brian Pascus
TerraCRG's Dan Marks, Daniel Lebor, and Andrew Manasia, and 536, 546, 554, and 558 Metropolitan Avenue, Brooklyn.
Investments & Sales
New York City

Williamsburg’s Crest Hardware Sold for $22M, to Be Turned Into Apartments

By Isabelle Durso
Avi Weinstock, Dovid Kaufman, and Chesky Klein of Meridian Capital Group, and Aspen Grove Apartments in Warrington, Pa.
Finance  ·  Refinance
Pennsylvania

Société Générale Supplies $47M Refi for Suburban Philly Apartments

By Andrew Coen
Charles Bendit, co-CEO of Taconic Partners, and 202 Broome Street.
Investments & Sales
New York City

Office Condos of Two Essex Crossing Buildings Sell for $222M

By Mark Hallum
David Martin, CEO of Terra, and Dolphin Park and Ride Terminal.
Finance  ·  Construction
Florida

Terra Lands $170M for First Phase of $1B Mixed-Use Dev in Miami-Dade

By Julia Echikson
Scott Durco, director at Acore Capital.
Finance  ·  Construction
North Carolina

Acore Capital Lends $59M on Raleigh-Durham Apartments Build

By Andrew Coen
Joshua Crane, co-founder and managing principal of S3 Capital, and a rendering of the second phase of the Atlantica at Town Center multifamily project in Davenport, Fla.
Finance  ·  Construction
Florida

S3 Capital Lends $66M on Second Phase of Orlando-Area Apartments

By Andrew Coen
Ivy and Green, a newly completed 389-unit luxury apartment complex in Hackensack, New Jersey.
Finance  ·  Refinance
New Jersey

Northwestern Mutual Provides $115M Refi for Luxury Multifamily in Hackensack

By Brian Pascus
Mesirow CEO Natalie A. Brown and Preserve at Melrose, San Diego, Calif.
Investments & Sales
California

Mesirow Closes One of Calif.’s Biggest Multifamily Deals of the Year

By Nick Trombola
Mitchell Resnick of Walker & Dunlop Investment Partners, Adrienne Barr of Berkadia, and Marquee in North Hollywood, Calif.
Finance  ·  Investments & Sales
California

North Hollywood Garden-Style Apartments Trade for $44M

By Nick Trombola
Couloir Ventures COO Matt McJunkin, Ari Azarbarzin of Northmarq, and The Current at Watershed, Laurel, Md.
Investments & Sales
Maryland

Maryland Developer Sells 97-Unit Build-to-Rent Community for $54M

By Nick Trombola
Blackstone CEO Stephen Schwarzman.
Investments & Sales
Florida

Blackstone Sells South Florida Apartment Complex For $121M

By Jeff Ostrowski