News

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Monterra Village, a 550-unit multifamily property in Fort Worth, Texas. “Monterra Village gives the buyer an opportunity to implement a first-generation...

LRT Company, an opportunistic development firm, announced that it has acquired 12.38 acres of land in the Providence, Rhode Island, suburb of Coventry, where it plans to develop Tiffany Laurel Reserve, a 204-unit senior...

Subtext, a national real estate company focused on elevating the resident experience, has announced its largest development with VERVE Charlottesville. Developed with joint venture equity partner Kayne Anderson Real Estate, this transformative student housing community...

Woodfield Development, one of the nation’s top 20 developers of Class A multifamily communities, and Flagler Realty & Development Inc., a family office specializing in developing, leasing, and managing commercial properties across Florida, officially...

Cityview, a premier multifamily investment management and development firm, has acquired Candela – a 112-unit value-add property nestled in the Hollywood Hills and Franklin Village neighborhood of Los Angeles. “Candela was a prime opportunity to...

Alliance Residential Company, one of the largest multifamily developers in the nation, has opened Broadstone Overlands, a 200-unit multifamily complex in Clermont, Florida near Orlando. Situated along State Road 50, this property is uniquely located...

Berkadia announced the financing of Hammond Village, a 78-unit affordable housing community in Columbia, South Carolina. Managing Director Dave Strachan and Director Tom Bruce of Berkadia FHA/HUD secured the $6.6 million HUD 221(d)(4) loan for...

As part of its mission to enhance housing sustainability and improve public health in the Boyle Heights community of Los Angeles, the East LA Community Corporation (ELACC) is transitioning to an all-electric energy system...

Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler announced the sale of the Marq at The Pinehills, a 220-unit, 100% market-rate apartment community located in The Pinehills...

Hamilton Zanze, a leading San Francisco-based multifamily real estate investment firm, announced it has sponsored the purchase of Reserve at Kirkwood, a 264-home garden-style apartment community in Clarksville, Tennessee. Mission Rock Residential, an affiliate of...

I love this time of year in multifamily. Things slow down (slightly) from the break-neck pace of the rest of the year and we get to take a moment to ponder where we are...

The economic projections released by the Federal Open Market Committee (FOMC) after this week’s meeting indicate that they will be keeping interest rates higher for longer than they suggested in other recent projections. This...

BWE Investment Sales, an affiliate of BWE, a national commercial and multifamily mortgage banking company, announced that it has successfully brokered the sale of Capstone at Centerra, an assisted living and memory care community...

CBRE Group, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler, announced the sale of the Matrix Hudson, a 176-unit apartment community in Hudson, Massachusetts. CBRE exclusively represented the seller, 1000 Matrix...

Gilbane Development Company announces the groundbreaking of Pique, a new purpose-built student housing development located at 2587 Telegraph Avenue in Berkeley, California. Pique will transform the former Buffalo Exchange store into an eight-story residential building...