RPM Living Opens Cerca Glenview in Downtown Glenview
RPM Living has opened Cerca Glenview, a newly constructed 62-unit multifamily community near downtown Glenview, Illinois. Developed by The Drake Group, the property held its ribbon cutting on June 17 and welcomed its first residents on June 19, 2026. RPM Living will manage the community. This is a project that s years in the making, […]
Mill Creek Breaks Ground on Modera City North in Desert Ridge
Mill Creek Residential has broken ground on Modera City North, a 330-home wrap-style community in the emerging Desert Ridge neighborhood of North Phoenix. The project is a principal residential component of the City North master plan, a 100-acre, two million square-foot mixed-use development that will include retail, office, hotel and residential space. First move-ins are […]
WNC and Associates Closes $210 Million National Low Income Housing Tax Credit Fund To Preserve and Create Affordable Housing in Thirteen States
WNC & Associates has closed WNC Institutional Tax Credit Fund 59, L.P. (Fund 59), a $210 million national Low-Income Housing Tax Credit fund that will finance the creation and preservation of affordable housing across 18 communities in 13 states. Fund 59 will invest in 2,015 affordable housing units located in Alaska, California, Florida, Indiana, Kentucky, […]
Kennedy Wilson with Kenedix and Hulic Acquire Carraway in West Harrison New York Expanding East Coast Multifamily Platform
Kennedy Wilson, together with long-standing Japanese partners Kenedix, Inc. and Hulic Co., Ltd., has acquired Carraway, a 421‑unit multifamily community in West Harrison, New York, for $237 million. The transaction expands Kennedy Wilson’s investment management platform and extends its presence on the East Coast. Completed in 2021, the Class A property sits in Westchester County, […]
Walker and Dunlop Arranges Financing for Five Property Workforce Housing Portfolio in Arkansas and Florida
Walker & Dunlop has arranged $232,352,000 in financing for a five-property multifamily portfolio totaling 1,585 units across Arkansas and Florida. The portfolio is composed primarily of workforce housing and includes one income-restricted affordable community. Walker & Dunlop Capital Markets Real Estate Finance arranged the financing on behalf of long-time client Aspen Square Management. Connor Locke, […]
Rockpoint and The Kolter Group Form Joint Venture to Develop The Sutton 432 Unit Community in Palm Beach Gardens
Rockpoint and The Kolter Group have formed a joint venture to develop The Sutton, a 432-unit multifamily community in Palm Beach Gardens, Florida. The transaction covers acquisition of the site and its development, with PNC Bank providing financing for the project. Scheduled for completion in 2028, The Sutton will include 432 studio, one-, two-, and […]