Adriana Marinescu

Lowe Property Group’s Keith Smith on trends shaping the Salt Lake City multifamily market and his company’s projects.

The 308-unit development in Phoenix is slated for a 2022 completion.

Applewood Ranch. Image courtesy of Bellwether Enterprise HomeSpring Realty Partners, in a joint venture with Bexar County Housing, has obtained a $31.8 million loan for the construction of Applewood Ranch Apartments, a 312-unit affordable housing development in San Antonio. Bellwether Enterprise, one of the top 20 mortgage banking firms of 2021, provided the financing via a private placement through its Direct Bond Purchase Program. The loan uses 4 percent private activity bonds issued by…

Avison Young secured an equity partner for the purchase of the 266-unit property in Marietta, Ga.

The 157-unit property is the area’s largest permanent affordable development.

The developer initially filed the plans for the 166-unit, mixed-use development in 2017.

MDG Design + Construction teamed up with Smith & Henzy Advisory Group on the $35.8 million project.

The owner will implement a $30 million renovation plan at the 745-unit property in Independence.

The company acquired the 718-unit affordable community in 2006, in a deal valued at $37 million.

KeyBank provided financing for a 116-unit development in Fitchburg slated for a 2022 completion.