Tuesday, May 6, 2025

News

Nasser Freres

Nasser Freres Breaks Ground on New $300+ Million Mixed-Use Property in Jersey City’s Journal...

Nasser Freres has broken ground on a new mixed-use development in Jersey City, marking the beginning of a $300+ million project set to deliver in-demand residential, commercial, and retail space to the heart of...
Clara Flats

Kidder Mathews Announces the $11.9M Sale of Clara Flats Near Vancouver Washington

Kidder Mathews is pleased to announce the sale of Clara Flats, a 30-unit mixed-use apartment building, for $11,900,000. Located at 608 NE Birch Street, the buildings overlook the historic downtown of Camas and feature mountain...
The Levi

Thompson Thrift to Develop The Levi 212-Unit Luxury Multifamily Community Near Atlanta

Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced the development of The Levi, a 212-unit Class A multifamily community located in the Atlanta suburb...
The Beatriz

Elevate Commercial Investment Group Announces the Sale of Multifamily Asset The Beatriz in Houston

Elevate Commercial Investment Group, announces the sale of The Beatriz, a multifamily asset that is part of a greater 180 unit portfolio in Houston, Texas. This is 1 of 3 assets held in the "Houston...
Pear Ridge

Excelsa Properties Acquires Multifamily Community Pear Ridge in Dallas and Will Invest $4.3M in...

Excelsa Properties announced that it has acquired Pear Ridge, a 168-unit multifamily property located at 4753 Old Bent Tree Lane, Dallas, Texas. The acquisition represents the fifth multifamily property acquisition of Excelsa US Real Estate...
Whitney Pulsifer

The Peabody Companies Announces Promotion of Whitney Pulsifer to Vice President of Strategic Development

The Peabody Companies, a group of award-winning property management and real estate firms now celebrating its 48th anniversary, is thrilled to announce the promotion of Whitney Pulsifer to vice president of strategic development. With her...
Matt Sullivan

The Michaels Organization Names Matt Sullivan New COO and Elevates President of Development Michael...

The Michaels Organization, a national leader in residential real estate with full service capabilities in development, property management, construction and investment, announced that Matt Sullivan has been named Chief Operating Officer. Michaels also announced...
Giant PCs

Freddie Mac Launches Multifamily Giant PCs

Freddie Mac Multifamily announced the company will soon launch a new product offering, Multifamily Giant Participation Certificates (Multifamily Giant PCs), which are single-class pass-through securities collateralized by existing Freddie Mac Multi PCs® and/or Multifamily...
Union on Lincoln Way

IPA Brokers Sale of 537-Bed Student Housing Asset Union on Lincoln Way Near Iowa...

Institutional Property Advisors, a division of Marcus & Millichap, has arranged the sale of Union on Lincoln Way, a 177-unit, 537-bed student housing community adjacent to the Iowa State University (ISU) campus in Ames, Iowa. Peter...
Parkway Townhomes

TruAmerica Multifamily Adds to Nevada Portfolio with Acquisition of Parkway Townhomes in Henderson Nevada

TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, has expanded its Nevada multifamily portfolio with the acquisition of Parkway Townhomes, a property comprised of 234 townhomes located 2675 Windmill Parkway in Henderson, Nevada. “Henderson, and...
Avalon Hackensack at Riverside

JLL Closed the Sale of a 226-unit Apartment Complex Avalon Hackensack at Riverside in...

JLL Capital Markets announced the sale of Avalon Hackensack at Riverside, a multifamily community containing 226 apartment homes located at 414 Hackensack Avenue in Hackensack, New Jersey. JLL worked on behalf of the seller. Residents...
The Devan

The Devan Luxury Rental in Jersey City Unveils a Grand Opening of its Curated...

Development partners Fields Grade and Ursa Development Group left no stone unturned when it comes to world-class amenities at The Devan, the new collection of 336 luxury rental residences perfectly nestled on Jersey City’s...
Alister Sunset Valley

Newmark Completes Sale and Financing of 290-Unit Value-Add Multifamily Asset Alister Sunset Valley Near...

Newmark announces it has arranged the sale and financing of The Park on Brodie Lane, a 290-unit multifamily asset located at 6607 Brodie Lane in Austin, Texas. The asset was rebranded to Alister Sunset...

Professionally managed apartments report lower vacancies than the broader market

Professionally managed apartments report lower vacancies than the broader market, according to data from RealPage and the U.S. Census Bureau. Since 2010, the professionally managed segment of the multifamily industry has averaged five...
Axis Delray Beach Apartments

The Milestone Group Announces Acquisition of Axis Delray Beach Apartments in Delray Beach Florida

The Milestone Group (Milestone) announces its acquisition of the Axis Delray Beach Apartments, a 488-unit, garden-style multifamily community located at 1495 Spring Harbor Drive in Delray Beach, Florida. The purchase price was not disclosed. “The...
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