Owners Sagamore Ventures and Goldman Sachs are handing control of the undeveloped sites to lender Bank OZK, which held a $66M loan coming due at year-end.
Renters are increasingly choosing to stay in their apartments rather than move or buy homes.
Reframe Systems builds microfactories in targeted areas to deploy their modular construction locally.
MARTA is looking to revive redevelopment under its new real estate head.
While lenders have ramped up their activity, local real estate executives said equity investors have begun pulling back due to economic uncertainty.
Luxury home sales have increased over last year both before and after Election Day
Damac Properties launches luxury condo development, The Delmore, on the site of the Surfside collapse.
The developer obtained refinancing that his investors claim was based on an inflated valuation.
Multifamily delinquencies jumped 75% year-over-year but still lag far behind the $17B in delinquent office CMBS debt in the marketplace.
The slowdown in Boston's multifamily development sector has continued this year, with inventory under construction reaching a 10-year low in Q1, Colliers found.
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