Kidder Mathews Sells 60-Unit Uptown Queen Anne Apartments for $19.9M
Uptown Queen Anne Apartments, a mid-rise apartment building with 60 units and two commercial spaces located at 315 1st Avenue W. in Seattle, has sold for $19,900,000.
Jerrid Anderson and Winslow Lee of the Simon...
Interra Realty Brokers $5.07M Sale of 30-Unit Multifamily Property on Kenmore Avenue in Chicago’s...
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 30-unit rental property at 5051 N. Kenmore Avenue, in the city’s Uptown neighborhood, for $5.07 million, or...
Marcus & Millichap Facilitates Sale of Multifamily Portfolio in Statesboro Georgia with Maverick Trails...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Deerwood and Maverick Trails Apartments, a two-property 96-unit multifamily portfolio in...
Multifamily starts predicted to pick up in 2025
Fannie Mae’s May economic forecast calls for multifamily housing starts to reach their low point in Q2 2024 and then to rise, if unevenly, through the end of 2025. Single-family housing starts are expected to...
MSCI: Multifamily property prices fall in May
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices fell 1.0 percent in May from their level of the month before. This is more than last month’s...
SFR rent growth rate declines in April
CoreLogic reported that their single-family rent index (SFRI) for April rose 3.0 percent from its year-earlier level. This is down 0.4 percentage points from last month’s reported year-over-year rent growth rate and is down...
Tredway Announces the Acquisition and Preservation of Seven-Property Affordable Portfolio in Fort Greene Brooklyn
Tredway, an affordable and mixed-income real estate developer that builds and preserves high-quality, high-opportunity housing, and ELH Mgmt. LLC, announced the acquisition of a seven-building portfolio in Brooklyn's Fort Greene neighborhood.
Concurrent with the acquisition,...
Peabody Properties Continues Expansion of Portfolio with Union Block Apartments in Taunton Massachusetts
Peabody Properties, an affiliate of The Peabody Companies, a group of award-winning property management and real estate firms now celebrating its 48th anniversary, is excited to announce the addition of Union Block Apartments, developed...
Institutional Property Advisors Exclusively Offers San Gabriel Valley Multifamily Asset Pacific Trails Apartments for...
Institutional Property Advisors, a division of Marcus & Millichap, announced the exclusive listing for sale of Pacific Trails Apartments, an 84-unit apartment property located in Covina, California. The price is open bid.
“Located close to entertainment...
JLL Led the Sales and Financing Efforts for the 352-unit Garden-Style Multifamily Community AMLI...
JLL Capital Markets announced that it has closed the sale of and arranged acquisition financing for AMLI Doral, a 352-unit, core-plus, garden-style multifamily community in Doral, Florida just outside of Miami.
JLL represented the seller,...
Multifamily housing construction stats lower across the board
The Census Bureau’s new residential construction report for May showed weakness in all areas of multifamily housing construction. Permits, starts, units under construction and completions were all down from April’s levels.
Multifamily housing permits continue...
RealPage breaks silence in response to allegations of price fixing
RealPage breaks silence in response to allegations of price fixing levied by renters' groups and the U.S. Department of Justice, releasing a statement that tells "the real story."
The statement is a response...
CBRE Announces Sale of 220-Unit Multifamily Property Landing at Fiesta Village in Mesa Arizona
Landing at Fiesta Village, a 220-unit apartment property in Mesa, Arizona was acquired by Millburn & Company. The asset was sold by a venture between Boston-based real estate private equity firm Rockpoint and P.B....
CBRE Announces Sale of 24-unit Apartment Community Cottonwood Creek Apartments in Colorado Springs
Cottonwood Creek Apartments, a 24-unit apartment community in Northeast Colorado Springs, Colorado traded hands in a recent $3.5 million ($145.8k/unit) deal.
Built in two phases, 12 units in 1978 and 12 units in 1983, most...
MBK Rental Living and Haseko Corporation Announce Pre-Leasing for New 315-Unit Residential Development Zia...
Pre-leasing is underway at Zia, a five-story, wrap-style apartment community located in central Orange County.
Rising on over 5.2 acres at 1600 W. Lincoln in Anaheim, Zia is a joint venture of MBK Rental Living...
