Clik here to view.
San Francisco Tower Gets $25M Facelift
Related Companies has invested $25 million to redesign The Paramount, a 43-story multifamily development in San Francisco’s SoMa district. The building was constructed in 2001 and Related decided it...
View ArticleClik here to view.
San Francisco’s Top 10 Apartment Owners
By Robert Demeter The rise of San Francisco as an emerging tech market over the course of the years made the metro one of the hottest housing and rental markets in the nation, as well as worldwide....
View ArticleH2 Capital Nabs Virginia Assets
By Evelina Croitoru H2 Capital, a privately held multifamily real estate investment firm, has acquired two properties in Virginia for the combined purchase price of $20.6 million. The deal marks the...
View ArticleClik here to view.
Top 10 Apartment Owners in Chicago
By Razvan Cimpean Chicago’s multifamily market is stable, with more than 8,000 new units expected to come online this year. However, developers show a greater interest in high-rise residential...
View ArticleClik here to view.
Top 10 Manhattan Apartment Owners
By Corina Stef New York City continues to be a very expensive market and although rents have decreased by 2.5 percent, demand remains is robust. Brooklyn and Manhattan developers are expected to...
View ArticleClik here to view.
Related Cos. Opens Luxury Community in Hollywood
Related Companies has started leasing operations for the Argyle House, an 18-story, 114-unit luxury apartment tower in Hollywood, Calif. Designed by LARGE Architecture and interiors done by Marmol...
View ArticleClik here to view.
Related Cos. Buys $590M AIMCO Affordable Housing Portfolio
Matthew Finkle, president, Related Affordable Related Companies has acquired 7,837 affordable housing units from AIMCO. The apartments span 51 properties in 16 states. The affordable housing division...
View ArticleClik here to view.
LA Senior Housing Breaks Ground
Related Cos. and Community Development Corp. are teaming on The Curve @ West Angeles, a 70-unit affordable senior housing community in Los Angeles. KFA Architects is designing the mixed-use property,...
View ArticleClik here to view.
Related Breaks Ground on SF Property
1601 Mariposa project site Related Cos. has broken ground on 1601 Mariposa, a 299-unit multifamily project in San Francisco’s Potrero Hill neighborhood. The property will welcome its first residents in...
View ArticleClik here to view.
Related Cos. Closes on 7,000+ Affordable Units in 16 States
New York-based Related Companies has closed on an acquisition of 7,837 affordable housing units across 51 properties. The seller was Denver-based Aimco. The acquisition of properties in 16 states...
View ArticleClik here to view.
In Case You Missed It: MHN’s Top 5 Posts in July
Top 4 Multifamily Interior Design Trends Indigo 301 With the increase in home décor/renovation shows and influencers on social media, more people are being exposed to high-end design, which is what...
View ArticleClik here to view.
Related, Atria to Target $3B in Senior Housing Pipeline
Atria Valley View in Walnut Creek, Calif. Related Cos. and Atria Senior Living are teaming up to develop, own and operate more than $3 billion in luxury senior housing high-rises in major urban markets...
View ArticleClik here to view.
Affordable Cincinnati Community Changes Hands
Alms Hill After closing on a 51-property, 7,837-unit affordable housing portfolio earlier this year, Related Cos. has purchased Alms Hill, a 200-unit fully affordable community in Cincinnati’s Walnut...
View ArticleClik here to view.
Related Cos. Receives $50M Refi for Affordable MA Asset
Chestnut Park Apartments MassHousing has closed on a total of $50 million in financing on behalf of Related Cos. for the renovation of Chestnut Park Apartments in downtown Springfield, Mass. The...
View ArticleClik here to view.
Work Begins on $136M Manhattan Affordable Housing Project
Rendering of the 460 Main St. project Related Co. and The Hudson Cos. have begun work on a 340-unit affordable housing project in the Riverwalk neighborhood of Roosevelt Island, N.Y. The developers and...
View ArticleClik here to view.
Related, Hudson Cos. Top Out Affordable Housing Project
Rendering of Riverwalk Park. Image courtesy of Related Companies and Hudson Companies The Related Cos. and The Hudson Cos. have announced the topping out of a 21-story, 340-unit affordable housing...
View ArticleClik here to view.
Minneapolis’ Tallest Luxury Condo Tower Breaks Ground
Eleven. Rendering courtesy of Paperfarm Construction has begun on Eleven, a 41-story, 118-residence luxury condominium that will become the tallest residential tower in Minneapolis at 550 feet. Funding...
View ArticleClik here to view.
Tampa Community Sells for $57M
Atwater at Westchase A joint venture between Michaelson Group and Moncler Capital Partners has sold Moncler Isles, a 484-unit community in Tampa, Fla., for $56.7 million, per public records. Royal...
View ArticleClik here to view.
Top 5 San Francisco Submarkets for Construction Activity
Multifamily deliveries in San Francisco reached a cycle peak of almost 5,300 units in 2016, and then they started to cool off, according to Yardi Matrix data. However, 2020 was supposed to surpass the...
View ArticleClik here to view.
Related Cos. JV Lands $38M for Ohio Affordable Senior Housing
Biltmore Towers Senior Living. Image courtesy of KeyBank The joint venture of St. Mary Development Corp. and Related Cos. has received a $38 million financing package for the renovation of Biltmore...
View ArticleClik here to view.
Related Cos. Sells Manhattan Luxury Tower for $211M
One Union Square South MKF Realty LLC has acquired One Union Square South, a 239-unit, luxury rental building in Manhattan, for $211 million from Related Cos. The new owner selected Related Management...
View ArticleClik here to view.
Upscale Urban Senior Housing Residences Part of National Boom
Inspir Carnegie Hill, a 23-story, 215-unit luxury senior living property opening this fall, is part of a boom of upscale high-rise residences being developed in New York City and metros around the U.S....
View ArticleClik here to view.
Top 30 Multifamily Development Firms of 2020
You can also read our other Top Developers rankings. Rank Company Units Completed 2017-19 Units Under Construction* Regions Housing Diversity 1 Greystar 17,894 25,193 E, M, S, W, I M, L, St, Se, X 2...
View ArticleClik here to view.
Related Acquires Manhattan Affordable Housing for $424M
265 and 275 Cherry St. Image courtesy of CIM Group Likely to be one of New York City’s largest multifamily transactions of the year, Related Cos. has acquired a two-building affordable housing...
View ArticleClik here to view.
Transactions: April 2021
Ventana Residences. Rendering courtesy of Presidio Bay Ventures READ THE DIGEST SALES Property Location No. of Units Buyer Seller Notes/Rep. Value Date Announced Lands End Manhattan 489 Related Cos....
View ArticleClik here to view.
Top 5 Northeast Markets for Multifamily Transactions
With a road to recovery in sight, multifamily investment activity regained some steam this year. According to Yardi Matrix data, between January and May 2021, transaction volume nationwide surpassed...
View ArticleClik here to view.
Related Cos. JV Completes Affordable Queens Project
The Harriet Tubman Building. Image courtesy of Related Cos. A partnership including Related Cos. and nonprofit Win—formerly Women in Need—together with Borough President Donovan Richards, have marked...
View ArticleClik here to view.
Related Breaks Ground on Chicago Tower
Photo by Victor Lozano via Unsplash Ground has been broken on a new Chicago mixed-use property by developer Related Midwest, along with LR Contracting Company and BOWA Construction. The development, at...
View ArticleClik here to view.
Related Cos. JV to Develop Silicon Valley Senior Communities
Santa Clara Development. Image courtesy of Welltower A joint venture between Related Cos. and Atria Senior Living, together with Welltower, has signed a strategic partnership for the development of two...
View ArticleClik here to view.
Related Cos. Acquires DFW-Area Asset
Arium Creekside CARROLL has sold Arium Creekside, a 520-unit garden-style community in Carrollton, Texas, for an undisclosed price. Related Cos. was the buyer, according to Yardi Matrix. The former...
View ArticleClik here to view.
Related Pays $266M for Self Storage Portfolio
Self storage facility at 10440 Gateway Blvd. E. El Paso, Texas Wentworth Property Co., in a joint venture with an institutional equity investor, has sold an 18-property self storage portfolio, located...
View ArticleClik here to view.
Related Group Kicks Off 4th Phase at Miami Redevelopment
Liberty Square Phase IV expects completion in March 2025. Image courtesy of Related Group Related Urban Development Group has broken ground on Serenity Liberty Square, a 193-unit affordable community...
View ArticleClik here to view.
Detroit Multifamily Report – December 2023
Detroit rent evolution, click to enlarge Detroit rent evolution, click to enlarge Detroit rent evolution, click to enlarge Detroit multifamily largely followed nationwide trends going into the last...
View Article
