Deal boom

Following a robust second quarter, activity in New York City's multifamily market slowed in the third quarter with dollar volume declining by 17% quarter-over-quarter to $2.33 billion and transactions falling by 16% to 248,...

Boston Financial, the largest syndicator of U.S. Low-Income Housing Tax Credits (“LIHTC”) with a portfolio of over $16 billion in assets under management, today announced the closing of Boston Financial Institutional Tax Credits 60...

The BLVD Group ("BLVD"), a leading developer and owner of affordable housing, is pleased to announce the $97 million acquisition and planned renovation of Concord Royal Gardens, a 300-unit affordable housing community in Concord,...

KW PROPERTY MANAGEMENT & CONSULTING (KWPMC), a premier Florida-based association management company, has significantly bolstered its South Florida portfolio with five diverse community assignments, spanning luxury condominiums, waterfront properties, and sprawling residential communities. Mystic Pointe...

High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, and its JV Partner, PGIM Real Estate, announced that construction is complete at Huxley Scottsdale, a 192-unit multifamily development in Scottsdale, Arizona. “Huxley Scottsdale...

Newmark announces it has arranged $47.5 million in financing for Collective at Columbia, a 318-unit, 972-bed student housing asset serving the University of Missouri (Mizzou) in Columbia, Missouri. The Newmark Multifamily Capital Markets team secured...

Hamilton Zanze, a leading San Francisco-based multifamily real estate investment firm, announced that it has sold Woods of Williamsburg, a 125-unit garden-style apartment community in Williamsburg, Virginia. The firm sponsored the acquisition of the...

Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, announced that the renovation of GE Tower, an affordable housing property in Atlanta's Mechanicsville neighborhood, is nearing completion. The $17.25 million rehabilitation...

NEWSTAR announced property transactions in Charlotte, North Carolina planned for development of two new single-family rental communities to be operated under NEWSTAR's Stella Homes brand. NEWSTAR is partnering on the projects with Red Cedar...

Equity Residential paid $94.5 million for a 300-unit multifamily community. The seller was a Blackstone REIT. The Arbour Square Apartments last sold in 2019 for $80.5 million. The 6.65-acre project includes eight buildings constructed...

Archway Equities has acquired Coronado Apartment Homes, a 264-unit multifamily community Dallas, Texas. Coronado Apartment Homes is Archway’s first investment in Texas in more than two years. Recognizing the softening of the market driven in...

West Shore, with the help of Newmark, has secured a $533 million refinance loan on its Class A, Garden-style multifamily properties across the Sunbelt Region. This refinancing will encompass a total of 2,806 units...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of The Bel, a mixed-use building at 937-41 W. Belmont Avenue featuring 37 apartments and two ground-floor commercial spaces....

Waterton, a national real estate investor and operator, announced it will expand its presence in Atlanta with the acquisition of 903 Peachtree, a 427-unit high-rise rental community in the city’s Midtown neighborhood. With proximity to...

Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced the sale of Apex, a 360-unit, Class A multifamily community in Colorado Springs to an undisclosed...