Multifamily

LOS ANGELES-With the subprime consequences on full display in the housing market, experts hypothesize what it will mean for the multifamily market.

TOLEDO, OH-The Carlyle Group has pledged to pay $67 per share for the company, which has 500 nursing, rehabilitation and assisted living centers.

SEATTLE-Jim Claeys, a former top multifamily producer with CB Richard Ellis, is running the local operation and will direct the expansion south into the Portland.

PORTSMOUTH, NH-The investment encompasses three multifamily properties and 428 units constructed over a 15-year period.

LIVINGSTON, NJ-The deal involves two complexes totaling nearly 200 units in two different North Jersey cities.

PHILADELPHIA-Under a new name and revised plan, marketing begins for the 296-unit residential complex at the Best Western Hotel site on Spring Garden Street.

NASHVILLE-This marks two firsts for the fund: its first deal with Crosland and its first investment in the metro area.

TAMPA BAY, FL-Market conditions spur Garrison Developer Group of Florida to change its $100-million waterfront multifamily project to apartments instead of condominiums, as originally planned.