Author

Lynn Peisner

Tina-Frias
DevelopmentIndustry VoicesNevadaWestern

How Partnerships and Policy Can Shape Las Vegas’ Housing Future

by Lynn Peisner

Las Vegas is known for its glistening lights and reputation as the city that never sleeps. But beyond entertainment and world-class dining, approximately 2.4 million people call the valley home. Nevada’s lack of state income tax and pro-business environment has made it a magnet for business as new industries continue to choose Southern Nevada as a hub. As a result, the Las Vegas metro area welcomes more than 4,000 new residents every month. This growth is a testament to our region’s vitality, but it also underscores a defining challenge: the …

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Memoir-May-Hosiery-Nashville
DevelopmentNewsSoutheastTennessee

AJ Capital Partners Underway on Memoir May Hosiery in Nashville

by Lynn Peisner

NASHVILLE, TENN. — AJ Capital Partners has broken ground on Memoir May Hosiery in Nashville’s Wedgewood Houston neighborhood. The 109-unit property is across the street from May Hosiery Mills, an adaptive reuse project also developed by AJ Capital Partners. Opened in 2015, May Hosiery Mills, once a sock factory in the early 1900s, is set on 18 acres and includes six redeveloped brick buildings on a mixed-use campus with office, dining and retail. Memoir May Hosiery is slated for completion in March 2026. It will be Nashville-based AJ Capital’s fourth …

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Albertville-Meadows-Minnesota
Affordable HousingInvestment SalesMidwestMinnesotaNews

Dominium Sells Albertville Meadows for $11.2 Million

by Lynn Peisner

ALBERTVILLE, MINN. — Dominium has sold Albertville Meadows to an undisclosed buyer for $11.2 million. The property is located 32 miles northwest of Minneapolis in Albertville. Mox Gunderson, Dan Linnell, Adam Haydon and Devon Dvorak of Colliers arranged the sale. The 75-unit affordable housing community was built in 1993. To qualify, a single tenant can earn no more than $55,620 per year. Rents are capped at combined annual salaries of $63,600 for two occupants; $71,520 for three occupants; and $79,440 for units with four residents.

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Company NewsIllinoisMidwest

Kiser Group Launches Affordable Housing Division

by Lynn Peisner

CHICAGO — Kiser Group, a Chicago-based multifamily brokerage firm, has launched an affordable housing division and appointed Alex Mora and Spencer Burd as directors. The newly formed group will advise clients on mission-driven and community-impact development and investment. “Our goal is to guide clients through the unique financial and regulatory challenges of affordable housing,” said Burd. “By combining market insight with a focus on social impact, we can create solutions that benefit both investors and the communities they serve.”

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ColoradoDevelopmentNewsWestern

Thompson Thrift Announces Colorado Springs Development

by Lynn Peisner

COLORADO SPRING, COLO. — Thompson Thrift has announced plans to develop Venture on Venetucci in Colorado Springs. The 336-unit property is estimated to be complete by March 2027. Located at 4446 Venetucci Blvd., the 16.5-acre Venture on Venetucci will feature one-, two- and three-bedroom floor plans. Unit and community highlights include private yard options, detached garages, full-size washers and dryers, high-speed internet access, an Amazon package hub, a heated pool, a 24-hour fitness center, a pickleball court, a dog park and coworking space. Indianapolis-based Thompson Thrift has developed 12 properties in …

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Affordable HousingInvestment SalesMarket ReportsNews

Multifamily Investor Sentiment Strengthens, Urgency Builds to Deliver More Affordable Housing, 2026 Emerging Trends Forecast Reveals

by Lynn Peisner

Commercial real estate industry leaders are slightly more bullish on the investment prospects for the multifamily sector than they were a year ago, according to the newly released 2026 Emerging Trends in Real Estate forecast conducted by the Urban Land Institute (ULI) and PwC. Among major property types on a scale of 1 to 5 — where 1 is abysmal and 5 is excellent — multifamily (including single-family rentals) achieved a rating of 3.67, second only to mixed-use/alternative assets, which posted a rating of 3.69. The industrial/distribution sector scored 3.61, …

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casa-familia-Miami
Affordable HousingDevelopmentFloridaNewsSoutheast

Casa Familia, Pinnacle Break Ground on $27 Million Inclusive Community in Miami

by Lynn Peisner

MIAMI — Casa Familia and Pinnacle have broken ground on Gardens at Casa Familia, a 50-unit affordable housing property designed to serve individuals with intellectual and developmental disabilities. The $27 million project is being funded through multiple sources including Low-Income Housing Tax Credit equity. Nonprofit Casa Familia, which specializes in affordable housing for people with disabilities, partnered with Miami-based developer Pinnacle to build the community. Construction began in September, and completion is slated for the first quarter of 2027. The four-story building will feature 50 one-bedroom apartments, each equipped with …

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Affordable HousingDevelopmentMidwestNewsOhio

The NRP Group Opens The Lofton in Columbus

by Lynn Peisner

COLUMBUS, OHIO — The NRP Group has completed and opened The Lofton, a 245-unit affordable housing community in the South High neighborhood of Columbus. Developed in partnership with the City of Columbus and a nonprofit group called Community Development for All People, the property’s units are reserved for households earning incomes ranging from 30 to 80 percent of area median income. The Lofton features a mix of one- to four-bedroom residences and a 3,500-square-foot ground-floor commercial space that will house a daycare operator. Amenities include a fitness center, a community …

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CaliforniaColoradoFinanceGeorgiaNewsSoutheastTennesseeWestern

Walker & Dunlop Arranges IMT’s $625 Million Portfolio Refinancing

by Lynn Peisner

SHERMAN OAKS, CALIF. — Walker & Dunlop has arranged $625 million in fixed-rate Freddie Mac loans on behalf of Sherman Oaks-based IMT Capital. The company is refinancing eight garden-style properties in six metros — San Diego, Los Angeles, Denver, Atlanta, San Francisco and Nashville, Tennessee. The portfolio is comprised of 3,096 units. Walker & Dunlop’s team was led by Cory Wizenberg, Matt Wallach, Stephen West, Walker Layne, AJ Wright and Sebastian Tamayo.

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Sonterra-Roseville
CaliforniaInvestment SalesNewsWestern

CONAM Group Buys Sonterra in Suburban Sacramento

by Lynn Peisner

ROSEVILLE, CALIF. —  The CONAM Group has acquired Sonterra Apartments in Roseville, 19 miles northeast of Sacramento, California. The 136-unit property, developed in 2001, is comprised of 10 two-story garden-style buildings situated on about 7 acres. The community offers a 24-hour fitness center, a resort-style pool and hot tub, a barbecue area, a resident clubhouse and leasing office, an outdoor fireplace, picnic areas, package lockers and a bocce ball court. The seller and sales price were not disclosed.

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