Beachwold Residential, a New York City-based investor and developer in multifamily properties, has acquired the 269-unit Millyard at Meadow Commons complex in Newington, Connecticut, for $78 million. The Millyard complex was completed in 2025 and consists of three...
A developer is proposing the transformation of the mostly vacant former Brooklyn headquarters of the Jehovah’s Witnesses religious organization into multifamily housing. The Gothamist reports CIM Group is seeking to transition the office buildings into a 661-unit...
Builder confidence in the new multifamily housing market increased year-over-year in the third quarter, according to the Multifamily Market Survey released by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily...
The Federal Home Loan Bank of Atlanta (FHLBank Atlanta) is allocating $11.7 million in grant funding to support affordable multifamily rental housing development across its district. Through the Multifamily Housing Bridge Fund, the bank will provide up to $500,000 per...
High-profile real estate investor Grant Cardone is proposing a new push for multifamily housing construction as the best solution for addressing the nation’s housing shortage. In a post on X, Cardone pointed to rising costs, labor shortages, and bureaucratic delays in...