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Safehold Closes $31.0 Million Ground Lease, Sixth Transaction in Denver, Colorado

Multifamily Newsroom™
NEW YORK, Nov. 7, 2022 /PRNewswire/ — Safehold, Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, has closed on a $31.0 million ground lease to facilitate the ground-up development of Wilder, a 196-unit multifamily project approximately two miles west of Downtown Denver. The Qualified Opportunity Zone project will be developed by The Max Collaborative, an Ohio based firm […]

Fannie Mae Priced $392 Million Multifamily Social DUS REMIC (FNA 2022-M2S) Under Its GeMS Program

Multifamily Newsroom™
WASHINGTON, Nov. 3, 2022 /PRNewswire/ — Fannie Mae (OTCQB: FNMA) priced a $392 million Multifamily Social DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on October 27, 2022. FNA 2022-M2S marks the eighth Fannie Mae GeMS issuance of 2022. “We wrapped up October with the M2S, our second social GeMS of 2022,” said Dan Dresser, Senior Vice President, Multifamily […]
Meet the Sponsors Series – Two Dots

Meet the Sponsors Series – Two Dots

Podcasts
Henson Orser founded Two Dots, a venture-backed technology company dedicated to solving the problem of apartment leasing fraud using some of silicon valley’s most advanced AI, while bringing operational excellence to multifamily property managers along with it. He started his career working in banking at Goldman Sachs in New York. After a successful trading career, […]

Insight Property Group Acquires Colvin Woods Apartments in Reston, VA

Multifamily Newsroom™
WASHINGTON, Nov. 2, 2022 /PRNewswire/ — Insight Property Group, with partner AHC Inc, has announced its acquisition of Colvin Woods Apartments, a 259-unit community on Becontree Lake Drive in Reston, VA. The community will be re-branded as Haven Reston and, in partnership with Fairfax County Redevelopment and Housing Authority, the venture will preserve all 259 units for households earning between 60% and 80% of […]
Meet the Sponsors Series – Two Dots

Meet the Sponsors Series – Two Dots

Podcasts
Henson Orser founded Two Dots, a venture-backed technology company dedicated to solving the problem of apartment leasing fraud using some of silicon valley’s most advanced AI, while bringing operational excellence to multifamily property managers along with it. He started his career working in banking at Goldman Sachs in New York. After a successful trading career, […]

Servio Capital announces $40M acquisition of New Orleans’ California Building

Multifamily Newsroom™
NEW ORLEANS, Nov. 3, 2022 /PRNewswire/ — Servio Capital, a diversified real estate investment company with a management team of over 30 years of combined experience and innovation in the multifamily sector, is pleased to announce the $40M acquisition of New Orleans’ California Building, one of the oldest standing international style buildings in the city. This marks Servio Capital’s […]

Embrey Acquires Second Apartment Community in the Greater San Antonio Area

Multifamily Newsroom™
SAN ANTONIO , Nov. 2, 2022 /PRNewswire/ — A 252-unit multifamily property, Gardens at West in San Antonio, Texas, has been acquired by Embrey, a diversified real estate investment company. The property, built in 1995, will be rebranded to The Hayden on West Ave. The company’s nationally recognized and award-winning Embrey Management Services will take over property management. The […]

LandSouth Breaks Ground on Causeway Apartments

Multifamily Newsroom™
JACKSONVILLE, Fla., Oct. 27, 2022 /PRNewswire/ — LandSouth Construction, a Jacksonville, Fla.-based, award-winning general contractor, has broken ground on Causeway Apartments, an upscale multifamily development in Land O’Lakes, FL.  Causeway Apartments is scheduled for completion in early Fall 2024 and will be located on Land O’Lakes Boulevard. “LandSouth is excited to bring Causeway Apartments to life,” shared James Pyle, LandSouth President and […]

NNG Capital Acquires $9.2M Apartment Complex In GA

Multifamily Newsroom™
DLC, Oct. 27, 2022 /PRNewswire/ — NNG Capital Fund has announced the closing of the acquisition of a 120-unit multifamily property “The Summit Apartments” in Macon, GA for over $9M.  The 15-building apartment complex acquisition recently completed by NNG Capital Fund expands its footprint into new markets, as the company builds up on recession resilient and income producing assets in its […]

Lerner Acquires Parc at Gatlin Commons in Port St. Lucie, Florida

Multifamily Newsroom™
ROCKVILLE, Md., Oct. 31, 2022 /PRNewswire/ — Lerner Enterprises of Rockville, Maryland has acquired Lerner Parc at Gatlin Commons, previously Parc at Gatlin Commons, located in Port St. Lucie, Florida. This class-A multifamily garden community is comprised of 200 apartments and 5,935 square feet of luxurious amenity space in Port St. Lucie, Florida. The building spans a total of 201,000 residential square […]