News

San Diego-based Tower 16 Capital Partners, in partnership with Drake Real Estate Partners, has acquired Sierra Vista Apartments, a 258-unit multifamily project in Tucson, Ariz. The property was acquired from a private seller in...

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western U.S., is proud to announce the $29,750,000 / $215,580 per Unit / $218.34 per SF sale of the Seventeen 805 Apartments, a 138-unit property in Phoenix, AZ. Built in...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $2.4 million sale of an eight-unit apartment property located at 1066 Coronado Avenue in Long Beach, CA. Principal Robert...

JLL Capital Markets announced that it has closed the sale of the 150-unit Residence at SouthPark multihousing property located at 4300 Sharon Rd. in the SouthPark submarket of Charlotte. JLL closed the property sale from...

 November 25, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Happy Thanksgiving! Window closing to lock in your rates as agencies are shifting to the new 2021 matrix. Rate Desk notes November...

Raintree Partners, an Orange County, California-based private commercial real estate investment company, has acquired a portfolio of five multifamily communities in Southern California, totaling 551 units, from a private seller for $142 million. The properties...

 Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Greg Pinkalla, Chairman and CEO of Fairfield Residential.

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $1.07 million sale of 4040 S. Prairie Ave., an eight-unit apartment building in Chicago’s Bronzeville neighborhood. The price per unit...

Institutional Property Advisors (IPA), a division of Marcus & Millichap,  announced the sale of Riata, a newly constructed, 300-unit apartment complex in Chandler, Arizona. The property sold for $91 million, or $303,333 per unit. “The...

Cushman & Wakefield announced that the real estate services firm has arranged the sale of Tealwood Parke, a 108-unit apartment community located in Winter Park, Florida. The final sale price was $16.74 million. Mike Donaldson...

Nevada-based Camino Verde Group, in association with NV2 Holdings of Austin, Texas, recently acquired the Aspen Meadow apartment community in Hopkinsville, Kentucky. This is Camino Verde’s first property outside the western U.S. “The purchase further...

Cushman & Wakefield announced that the real estate services firm has arranged the sale of The Park at Via Roma, a 228-unit apartment community located in Daytona Beach, Florida. The final sale price was...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Grand on Beach, a 304-unit apartment complex in Haltom City, Texas. “The Haltom City-Meacham submarket continues to be one of...

Avanath Capital Management, a private real estate firm that invests in affordable and workforce housing properties throughout the U.S., has announced the acquisition of a senior affordable housing community located in Sterling, Virginia and...

JLL Capital Markets announced that it has arranged joint venture equity for Rosemont Brookhaven, a 795-unit, garden-style multihousing property in the Long Island village of Bellport, New York. JLL worked on behalf of Investcorp, to...