Champion Real Estate Company acquires Campus Hill Apartments near Syracuse University for $65 million
Champion Real Estate Company (Champion), announced that it has acquired Campus Hill Apartments, a 267-unit, 715-bed student housing community with a central leasing office located at 1201 Harrison Street in Syracuse, New York for...
Cushman & Wakefield arranges sale of two North Carolina multifamily properties
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of two North Carolina multifamily communities–Ardmore King’s Grant in Charlotte and Ardmore Cates Creek in Hillsborough.
Michael Saclarides, Paul Marley and...
Trion Properties rapidly expands Florida Foothold with $49.1 million acquisition of 250-unit luxury multifamily...
Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, has acquired Altamonte at Spring Valley, a 250-unit luxury multifamily community in Altamonte Springs,...
Berkadia arranges acquisition financing for 982-unit apartment community in Tampa-St. Petersburg MSA
Berkadia announces it has arranged the acquisition financing for The Reserve at Brandon, a 982-unit apartment community located in Brandon, Florida, outside of Tampa. Managing Directors Brad Williamson, Matt Robbins and Scott Wadler, Senior...
American Landmark acquires Fort Worth apartments
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Cavalli at Iron Horse Station, a brand-new, 328-unit apartment community located in the Fort Worth submarket of North...
CBRE arranges sale of 448-unit community to The DSF Group in Manchester, NH for...
CBRE announced that it has arranged the $121.5 million sale of Countryside Village, a 448-unit garden style apartment community, located at 60 Village Circle Way in Manchester, New Hampshire.
CBRE Capital Markets’ multi-housing experts Simon...
Tim Siegman joins TruAmerica Multifamily as Chief Financial Officer
Tim Siegman, a veteran real estate finance professional with more than three decades of experience, has joined TruAmerica Multifamily as Chief Financial Officer, announced firm founder and CEO Robert Hart.
“Over the course of his...
Avison Young brokers $8 million sale of a 24-unit, rent control apartment property in...
Avison Young announced it has brokered the $8 million sale of a 24-unit rent control apartment property located at 1820 El Cerrito Place in Los Angeles.
Avison Young’s Peter Sherman, John Tronson and Steven Tronson...
Interra Realty brokers $4.7 million sale of 30-unit multifamily property in Chicago’s Buena Park
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $4.7 million sale of 755 W. Buena Ave., a 30-unit rental community in the Buena Park section of Chicago’s Uptown neighborhood....
New Construction Quarterly Survey highlights longer delays and rising costs
The new NMHC Construction Quarterly Survey found that a majority (89 percent) of respondents reported experiencing construction delays, and, of those experiencing overall delays, 85 percent reported delays in both starts and permitting.
Since almost...
Seniors housing sector rebounds as investor interest grows
Backed by strong long-term demand and increased investor interest, the seniors housing sector is now fully in recovery mode, according to JLL’s Valuation Advisory group’s fifth annual Seniors Housing Investor Survey and Outlook. The...
CoStar reports multifamily property prices still rising
A new report from CoStar says that the rate of growth in multifamily property prices declined in February while the prices of other commercial property actually fell month-over-month.
CCRSI defined
The CoStar report focuses on a...
Marcus & Millichap closes eight-asset Reno multifamily portfolio sale for $302 million
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The ERGS Portfolio, a six-property multifamily portfolio spanning a total of...
Annual rate of rent growth remains high in March
The latest rent report from Apartment List shows that the national average rent growth in March was 0.8 percent month-over-month and 17.1 percent year-over-year. The monthly rate is up slightly but the annual rate...
$105M refinancing secured for a Jersey City multihousing community
JLL Capital Markets announced that it has arranged $105 million in refinancing for Rivet and Rivet 26, a two-building, 362-unit, luxury multihousing community located in Jersey City’s West Side neighborhood.
JLL worked on behalf of...
