Multifamilybiz-com Press Releases

SUNNY ISLES BEACH, FL - Dezer Development, in collaboration with Bentley Motors, announced that vertical construction is advancing at Bentley Residences Miami, the world s first and only Bentley-branded residential tower. Located at 18401 Collins Avenue in Sunny Isles Beach, the development has now reached level 7 and continues to rise rapidly, progressing at a pace of approximately one floor every five to six working days. On track for completion in 2028, the 716-foot tower will rank among the tallest oceanfront buildings in the country and will feature 216 residences with amenities including the patented Dezervator car elevator, in-home sky garages, and an exclusive resident-only restaurant led by four-time James Beard award-winning celebrity chef Todd English. Vertical construction at […]

HOUSTON, TX - The Dinerstein Companies ("TDC"), a full-service real estate and development company, today announced the completion of three multifamily acquisitions totaling 543 conventional multifamily units and 1,128 student housing beds across Texas and Colorado. The transactions, which closed between December 2025 and April 2026, reflect TDC's value-add investment strategy and mark significant geographic milestones for the firm, including its first acquisitions in both Dallas and Denver. The recent acquisitions span conventional multifamily and purpose-built student housing, with total planned capital investment exceeding $18.7 million across the three assets. TDC's disciplined approach focuses on acquiring well-located assets with identifiable operational and capital improvement […]

CHAMBLEE, GA - Audubon, an Atlanta-based multifamily investment firm, has launched a multi-million-dollar, value-add repositioning of a 446,000-square-foot apartment community in Baton Rouge, Louisiana rebranding the asset from Fairway View Apartments to Palmer Club Apartments. This is exactly the type of opportunity we target, well-located assets with strong fundamentals that can benefit from strategic reinvestment, said Myles Cunningham, Chief Investment Officer at Audubon. By executing a disciplined renovation plan and improving the resident experience, we re repositioning Palmer Club for meaningful long-term value creation. Audubon is currently undergoing a comprehensive renovation program designed to enhance operations and modernize units. The renovation strategy includes […]

NEW ORLEANS, LA - 365 Connect, the multifamily industry s leading innovator in AI-driven marketing, leasing, and resident engagement platforms, announced today its participation as venue sponsor at Podcast Palooza. The event takes place June 16, 2026, at the historic Civic Theatre in downtown New Orleans. Produced by the Multifamily Media Network, Podcast Palooza has become multifamily housing s premier live media event, blending exclusive content, executive-level insight, and high-impact networking into one electrifying evening. As the only experience of its kind in the industry, the event brings together influential voices, bold thinkers, and leading innovators for compelling discussions that challenge conventional thinking, inspire fresh perspectives, and shape the future of […]

HOUSTON, TX - The Langley, Houston s newest boutique residential high-rise, is nearing completion and has unveiled its signature canopy-level amenity deck, anchored by a resort-style pool and curated indoor-outdoor social spaces. Residents began moving into the building in March, and exclusive leasing partner Martha Turner Sotheby s International Realty, reports continued strong leasing activity as the property approaches full delivery. Co-developed by StreetLights Residential and Hunt Real Estate, The Langley rises 20 stories above the live oak canopy between the Museum District and Rice University. The building offers an exclusive collection of 134 residences designed to deliver estate-level privacy, refinement, and scale in a high-rise setting. The unveiling of the amenity and pool […]

CHICAGO, IL - Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it facilitated the sale of 20West, a six-story, 71-unit rental community at 20 W. Northwest Highway in Mount Prospect, Ill., for $23 million. The transaction equated to $323,943 per unit. Interra Managing Partner Paul Waterloo, Managing Partner Patrick Kennelly and Director Nathan Zito represented the buyer, Wheeling, Ill.-based Anemone Real Estate. Zito, Waterloo and Kennelly also represented seller Wingspan Development Group, which opened the property in 2019. It was 94% occupied at the time of sale. Large-scale, Class A multifamily developments continue to attract interest from buyers seeking to grow their presence in Chicago s suburbs, where rents have continued to increase, […]

SACRAMENTO, CA - CBRE facilitated the $34.5 million sale and acquisition financing for 16 Powerhouse, a 73-unit multifamily community in Sacramento, California, to Oakmont Properties. This was the highest price-per-unit sale in the Sacramento area in four years. CBRE s Marc Ross, Joe McNamara and Clarie Holt represented the seller, Demmon Partners, in the transaction. CBRE s Andrew Behrens and Jesse Weber of CBRE Capital Markets Debt and Structured Finance team in San Francisco secured the loan on behalf of the buyer. 16 Powerhouse is among the most competitive multifamily assets in the Sacramento market, said Ross. Its central location paired with Demmon Partners expansive renovations position the property well for long-term performance under new ownership. Located at 1606 P St. in […]

CHICAGO, IL - Greenstone Partners is pleased to announce the promotion of Jordan Multack to Partner, recognizing his significant production and contributions to the firm s continued growth and success in the multifamily investment sales sector. Prior to joining Greenstone Partners, Multack developed his brokerage foundation at another nationally recognized commercial real estate firm, refining his underwriting, advisory, and transaction execution skills within the multifamily sector. While the experience shaped his early career, Multack saw a unique growth opportunity at Greenstone. The firm's cross-sector investment sales platform allowed him to expand his business, collaborate with experienced veterans across a diverse range of asset classes, and play a direct role in building a […]

NEW YORK, NY - Greystone, a leading national commercial real estate finance company, has provided a $16,050,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) loan to refinance Coventry Village, a 94-unit multifamily property located in Central Islip, New York. The financing was originated by Robert Meehan, Managing Director at Greystone. Constructed in 1975 and renovated in 2011, Coventry Village is a garden-style community comprised of 94 units across two residential buildings. The property features a mix of one- and two-bedroom apartments and maintains strong occupancy, reflecting stable demand in the Western Suffolk submarket. The non-recourse, fixed-rate loan carries a five-year term and is structured with a 30-year amortization schedule. Greystone is pleased to deliver a […]

ROSEMONT, IL - Bradford Allen, a national full-service commercial real estate development and advisory firm, today announced the grand opening of Arbor House, its new luxury apartment community located at the southeast gateway to Arlington Heights. The eight-story, 301-unit community at 25 E. Algonquin Road marries the comfort and space of suburban living with the sophisticated amenities and design standards more commonly associated with urban high-rises. Bradford Allen commemorated the community s opening with a ceremony on May 13. Also in attendance were Village of Arlington Heights Mayor Jim Tinaglia, village officials, members of the Clark Construction team, local businesses and Arbor House residents. Arbor House offers studio, one-, two- and three-bedroom apartments showcasing […]

HOUSTON, TX - The Dinerstein Companies ( TDC ) is pleased to announce that it was recently ranked the Top Student Housing Company in the country by J Turner Research* for the eighth consecutive year. In addition, TDC was named #1 Maintenance in the J Turner s Einstein Best of Awards as well as placing in the top five Communication, Cleanliness, Security, and Customer Service. We are extremely proud of these rankings, especially since this year was TDC s eighth in a row to as the number one Student Housing Company, said Aryne Bailey, Co-President TDC Management at The Dinerstein Companies. Reputation is so important in this industry, and we are thrilled our student housing team continues to receive such widespread respect. These awards confirm our company s ethos: if we take care […]

CHICAGO, IL - Interra Realty, a Chicago-based commercial real estate investment services firm, today released its Q1 2026 Suburban Chicago Multifamily Sales report. Among other findings, the firm reported that total sales volume increased by 56.9% year over year. Data was collected by Interra s suburban multifamily investment team of Managing Partner Patrick Kennelly, Managing Partner Paul Waterloo, Director Nathan Zito and Associate Andrew Stassi. The report tracked all multifamily sales in Chicago s suburbs between $1 million and $50 million during the 12-month period ending in March 2026. The Chicago suburban multifamily market kicked off 2026 with real momentum, driven by bigger individual transactions and a surge in collar county investment activity, said Kennelly. If that […]

NEW YORK, NY - Lendlease, a leading real estate and investment group, together with joint venture partner Aware Super, one of Australia s largest superannuation funds, announced the opening of Habitat in Los Angeles along with welcoming the building s first residents. The two-building live-work-thrive campus features luxury apartments, creative offices and restaurant-ready retail space, all surrounding an acre of open space, with immediate access to the LA Metro and Expo Bike Path. The 12-story residential building, Habitat Residences, is located at 3411 S. La Cienega Blvd., where Culver City meets the heart of Los Angeles. The 260-unit community features studio, one- and two-bedroom apartments, in addition to penthouses on the top two floors. Immediately adjacent to Habitat Residences is […]

SCOTTSDALE, AZ - The Multifamily Innovation® Council announced today it will host a free live virtual webinar titled The Q1 2026 Multifamily Market Update: Decision Intelligence for a Softer Market and a Leasing Funnel Transformed by AI on Tuesday, June 9, 2026, at 11:30 AM Pacific / 2:30 PM Eastern. The educational session is designed for multifamily owners, operators, executives, and asset and operations leaders navigating continued market softness and the structural changes AI is bringing to the leasing funnel. As leasing performance, conversion benchmarks, and team structures continue to shift, the webinar will focus on practical decision intelligence rather than headlines. This live webinar is part of the Council's ongoing education series leading into the Multifamily Innovation® […]

NEW YORK, NY - Arqline, the national property management platform from Alfred, has appointed Alexis Murrell as Executive Vice President of Community Marketing and Revenue Strategy, a newly created role focused on aligning marketing with leasing performance, resident experience, and portfolio growth as the company scales toward 100,000 homes under management. Murrell will oversee marketing and revenue strategy across Arqline s 50,000-home portfolio, bringing together brand, demand generation, digital performance, and on-site execution under a more centralized operating approach. She brings more than 15 years of experience across multifamily real estate and proptech, including leadership roles spanning marketing, operations, customer experience, and asset strategy. Most recently, Murrell […]

CHICAGO, IL - Greenstone Partners is pleased to announce the sale of two multifamily properties in Evanston totaling $3,600,000. The transactions include 522 Greenwood Street, which sold for $2,100,000, and 1110 Grove Street, which sold for $1,500,000. Greenstone Partners Jacob Goldstein brokered both transactions. The sales set new pricing benchmarks for smaller multifamily properties in Evanston, with both transactions ranking among the highest price-per-unit sales recorded for comparable six-unit and eight-unit apartment buildings in the submarket. Both properties were acquired by the same buyer, a private investor continuing to expand its presence throughout Evanston and surrounding suburbs. The assets were purchased from separate long-term ownership groups that had held the […]

BIRMINGHAM, AL – Dobbins Group, a leading multifamily real estate investment firm, along with premier general contractor, Capstone Building Corp., have officially begun construction on Charleston Ridge Apartments, a multifamily development located in NEW PORT RICHEY, FL. Dobbins Group is the developer for this project and Capstone Building Corp. will serve as the general contractor. Charleston Ridge Apartments will span 247,000 square feet and feature a mix of residential offerings, including 6 two-bedroom townhomes above 10,000 square feet of commercial space and 4 four-story apartment buildings with 224 units. The apartment units, accessible by elevator, will consist of one-, two-, and three-bedroom options. Charleston Ridge Apartments represents our continued commitment to […]

DECATUR, GA - Trilogy Investment Company, a vertically integrated residential development and investment firm, has closed a construction loan with Genesis Capital for REV3 at East Hollywood, a 45-unit build-to-rent infill townhome community in Decatur, Georgia. The development is part of Trilogy Investment Company s build-to-rent opportunity zone fund with Pinnacle Partners, which is focused on delivering rental housing across high-growth Sun Belt markets. Vertical construction at REV3 at East Hollywood is slated to begin in May 2026. REV3 at East Hollywood advances Trilogy s continued investment in the Atlanta metropolitan area, where population growth and employment expansion continue to support long-term housing demand. Located on Redan Road near Avondale Estates, the community is […]

GREENVILLE, SC - Harmony Housing Affordable Development (HHAD), in partnership with the Greenville Housing Fund (GHF), introduces a new affordable housing community, Southernside West, a thoughtfully designed community for seniors located at 846 West Washington Street in Greenville. This four-story development which will bring 54 high-quality apartment homes to residents aged 55 and older, offering a mix of affordability levels serving households earning between 30% and 80% of area median income (AMI), with 10% of units specially reserved for individuals with disabilities. Set in Greenville s rapidly evolving Southernside community, Southernside West rises to meet a growing demand for affordable senior housing in an area experiencing significant population growth and limited comparable […]

CHICAGO, IL - Greenstone Partners is pleased to announce the listing of 818 N. Wolcott Avenue, a 20-unit boutique multifamily property located in Chicago s highly sought-after West Town neighborhood. The Property is listed at $12,000,000, with Jordan Multack, Senior Director at Greenstone Partners, representing ownership in the offering. Located just off the corner of Wolcott Avenue and Chicago Avenue, the Property offers investors the opportunity to acquire a highly differentiated multifamily asset in one of Chicago s strongest rental markets. The Property combines a redeveloped former foundry building with a newly constructed contemporary addition, creating a unique mix of loft-style and modern residences. The original structure features exposed brick, timber beams, and soaring 15-foot […]