Deal boom

2000 Lake Washington, a 186-unit multifamily community in Renton, Washington traded hands in a $53.2 mil ($286k/unit) transaction. The asset was sold by New York Life Real Estate Investors, represented by CBRE. The property consists...

NexPoint Residential Trust, Inc. announced the closing of the sale of Radbourne Lake Apartment Homes in Charlotte, North Carolina, a 225-unit property built in 1991. Radbourne Lake Apartments features comfortable one-, two-, and three-bedroom apartments...

McGrath Real Estate Partners announces their latest development, Adora at Rosehill is now open. Located in the heart of Tomball, the 15.4-acre community was designed to exude old-fashion charm with luxurious amenities and offer unique...

DMG Capital, the multifamily investment affiliate of Chicago-based Daniel Management Group (DMG) partnered with Wayland Real Estate Capital to acquire Avondale Apartments located at 4179 W. Belmont. The building has been professionally managed by DMG...

Churchill Stateside Group, LLC (“CSG”), a real estate and renewable energy financial services company, is pleased to announce the closing of the Preserve at Hanover Park in Beaufort, South Carolina. The financing for Preserve at...

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale and financing of Citra, a boutique, 72-unit apartment property in Phoenix, Arizona. “The heavily built out Northwest Valley has strong renter demographics and a...

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced the facilitation of the B-Class Stepping Stone Apartments sale in San Antonio. Paul Yazbeck represented the seller, a trusted local owner with...

Residents living at the 501-unit Clarendon Hill Towers Apartments in Somerville, Massachusetts near Cambridge will have affordable rents preserved and see approximately $13 million in property improvements as a result of $50 million in...

PARQ Builders, LLC proudly announced that its new luxury apartment community, 500 PARQ, is now pre-leasing and accepting move-ins for late May. The community is professionally managed by Greystar. In addition to 500 PARQ, the...

Garden Communities has delivered One Legacy Place, the signature multifamily address at Legacy Place, the company’s new, luxury mixed-use development in East Brunswick, New Jersey. “One Legacy Place is the centerpiece of our community,” said...

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced the sale of Athens Reserve Apartments in Athens, Texas. Managing Partner Paul Yazbeck successfully procured the buyer, who is a Dallas-based Multifamily Developer. Yazbeck...

Related Urban Development Group, the affordable and workforce housing arm of Related Group, together with Miami-Dade County's Public Housing and Community Development (PHCD), celebrated the grand opening of Residences at SoMi Parc, a 172-unit...

A real estate fund managed by Kennedy Wilson has partnered with Haseko Corporation on a $90 million multifamily buy in Vancouver, Washington. The venture acquired a two-property, 350-unit ($257k/unit) portfolio consisting of The Farmstead...

Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, has acquired Pointe on Rio in Austin, Texas. Built in 2014, this mid-rise community at 1901...

Meta Housing Corp has broken ground on a new 238k square-foot, seven-story affordable housing apartment complex in the western San Fernando Valley community of Woodland Hills known as The Alcove. The project is being...