ABI Multifamily brokers 24-unit Wickenburg multifamily apartment community for $3 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,000,000 / $125,000 Per Unit / $133.98 Per SF sale of Las Palmas Villas, a...
The Bainbridge Companies announces acquisition of new multifamily apartment community in Cary, North Carolina
The Bainbridge Companies (Bainbridge), a fully integrated family of real estate companies engaged in the development, construction/renovation, management, and acquisition of residential and commercial real estate as well as a leading owner, developer, and...
Napali Capital acquires North Carolina apartment complex Destination at Union
Napali Capital, LLC, a leading Texas-based real estate investment company announces the acquisition of Destination at Union apartment community in Gastonia, North Carolina.
Napali Capital and subsidiary Napali Residential Group will own and operate the...
Marcus & Millichap completes dual Fort Worth multifamily sale for $46 million
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Ariva and Tribecca Pointe, two multifamily assets totaling 351 units in...
Marcus & Millichap arranges the sale of a Coral Springs Apartment complex for $5.5...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Jacob Apartments, atwo-story, 20-unit boutique apartment community in Coral Springs, Florida....
Institutional Property Advisors closes $76 million Studio City multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Avalon Studio 4121, a 149-unit multifamily asset in the Studio City neighborhood of Los Angeles, California. The property sold for...
BEA reports on housing inflation
The Bureau of Economic Analysis released its report on personal consumption expenditures (PCE) for the month of August. The overall PCE price index rose 0.3 percent for the month and 6.3 percent from the...
The Multifamily Group completes the sale of 150 units in Killeen, Texas
The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced that it had facilitated the sale of Hoodview Apartment Homes in Killeen this week.
Will Clarke represented the seller and Paul Yazbeck procured...
Multifamily residential construction spending steady in August
The Census Bureau’s report on construction spending shows that the value of multifamily residential construction put in place in August was up 0.4 percent month-over-month despite overall residential construction spending falling by 1.0 percent.
Multifamily...
Moline Investment Management acquires 156-unit mature LIHTC property
Moline Investment Management , a specialist investment manager focused on the ownership and operation of workforce multifamily assets across the Midwest and Central U.S. has acquired Arrington Apartments, a 156-unit mature LIHTC property in North...
Thompson Thrift sells luxury multifamily community near Huntsville
Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced the sale of FarmHaus, a recently completed 324-unit Class A multifamily community located in the Huntsville...
Thayer Manca Residential continues to grow Washington portfolio
Thayer Manca Residential (TMR) continues to expand its multifamily portfolio in Washington with their newest acquisition. TMR has acquired Big Trout Lodge, a 297-unit property, in Lake Liberty, WA. Big Trout Lodge is the...
Costar says multifamily property prices down for second month
CoStar reported that its value-weighted index of multifamily property prices fell 1.4 percent month-over-month in August after a revised fall of 0.5 percent the month before. The index increased 15.2 percent year-over-year.
The combined value-weighted...
Construction delays are ongoing as most costs continue to rise
This month's NMHC Construction Survey found that 90 percent of respondents reported construction delays, with 78 percent of this group reporting delays in permitting and 86 percent experiencing start delays. Notably, an increasing share...
Streamlining inspections of affordable housing in California
The California State Legislature recently passed, and Governor Newsom signed, AB 2006, a bill to eliminate duplication in the inspection of affordable housing projects in the state. The bill was sponsored by Assemblyman Marc...
