Berkadia secured $35.2M in Freddie Mac-backed financing for Fenton Management's 394-unit Indian Lake Village Apartments in Lake Orion, Michigan.
Eastern Bank provided a $39M bridge loan to United Group for The Arbella at Bramble Hill, a 123-unit active adult community in Worcester, MA.
Mayor Karen Bass defends her housing strategy ahead of LA's primary, citing permitting reform, adaptive reuse expansion, and tens of thousands of units in the pipeline.
Dutch investor Breevest acquired the 266-unit Avida Aventura apartment complex in Miami-Dade for $110M, or about $413K per unit, from Chicago developer Fifield.
Hudson Valley Property Group acquired Mosa Apartment Homes, a 387-unit affordable community in Elk Grove, CA, for $83.6M including assumed Freddie Mac debt.
Japanese companies are acquiring U.S. homebuilders and bringing prefabrication efficiencies to American residential construction, according to CNBC.
The 21st Century Road to Housing Act passed the House 396-13, carving out protections for build-to-rent developers while restricting bulk buying of existing homes.
Middleburg Communities has hired Aaron Douthit, a former JPI vice president, to lead multifamily development in North Texas and Tulsa, Oklahoma.
Eastham Capital has sold University Green Apartments, a 194-unit community in southeast Houston, following an ~8-year value-add hold with partner Mosaic Residential.
Daiwa House Group has acquired full ownership of the 309-unit Parkside Residences in Houston, buying out joint venture partner Trammell Crow with an $85.2M acquisition loan.
Safehold is deploying modernized 99-year ground leases to fill capital stack gaps for affordable housing developers in Texas and other high-growth markets.
AvalonBay Communities reported $398.7M in Q1 2026 core FFO, beating analyst estimates, as its 98,694-unit portfolio benefited from favorable rent-vs-buy economics.