HUD announces cross-agency efforts to increase affordable housing supply
The Department of Housing and Urban Development (HUD) on Wednesday announced a series of actions it is taking as part of the Biden-Harris Administration’s plan to create, preserve, and sell nearly 100,000 additional affordable homes for homeowners and renters across the country over the...
Cushman & Wakefield arranges multifamily sale on behalf of Greystar Real Estate Partners &...
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Monty, a 300-unit apartment community built in 2021, located in North Charleston, South Carolina.
Tai Cohen, Jordan McCarley and...
Colliers completes sale of Terri Ann Apartments for $6.3 million
Colliers is pleased to announce the sale of Terri Ann Apartments, a 25-unit multifamily building located at 1331 Terry Avenue in Seattle’s First Hill neighborhood. Tim McKay, Dan Chhan, Sam Wayne and Matt Kemper...
Institutional Property Advisors closes multifamily asset in San Antonio
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Vantage at Bulverde, a 288-unit apartment complex outside of San Antonio, Texas.
“Nestled in beautiful Bulverde, Texas, Vantage at Bulverde is...
PCCP, LLC provides $31 million bridge loan to The Pizzuti Companies for the refinance...
PCCP, LLC announced it has provided a $31 million bridge loan to The Pizzuti Companies for the refinance of The Residences at the Sutton, a Class A, 100-unit boutique multifamily asset located in the...
$81 million sale of multihousing community in Los Angeles closes
JLL Capital Markets announced that it has closed the $81 million sale of Solterra at Civic Center, a 192-unit, garden-style, value-add multihousing community in Norwalk, California.
JLL marketed the property on behalf of the owner,...
$92.15 million sale of luxury multihousing community in Princeton Junction, NJ closes
JLL Capital Markets announced that it has closed the $92.15 million sale of Parc at Princeton Junction, a 232-unit, Class A, transit-oriented multihousing community with ground-floor retail space in Princeton, New Jersey.
JLL marketed the...
Kiser Group advises on $3.05 million sale of 29 condominium units in uptown Chicago
Kiser Group, Chicagoland’s leading multifamily brokerage firm, announced the sale of 29 condominium units in a 37-unit multifamily property in Chicago’s Uptown neighborhood. The bulk sale represents 75 percent ownership in the condominium association...
Berkadia arranges sale and financing of new Class AA luxury apartments in Orlando metro...
Berkadia Institutional Solutions, powered by Moran, announces it has arranged the sale of San Mateo Crossing, a 352-unit, Class AA luxury, garden-style apartment community located in Kissimmee (Orlando MSA), Florida. Managing Directors Brett Moss...
Marcus & Millichap brokers $58 million manufactured housing sale in Huntington Beach
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Skandia Mobile Country Club, a 167-unit mobile home complex in Huntington...
New luxury multihousing community in Tacoma purchased by MG Properties Group for $85.5 million
JLL Capital Markets announced that it has closed the $85.5 million sale of Village on Main Apartments, comprised of 200 luxury multihousing units in the Point Ruston master-planned community in Tacoma, Washington. The property...
RCA: Multifamily property prices higher
A report from Real Capital Analytics (RCA) said that multifamily property prices rose 13.5 percent in the year to July, topping the 12 percent annual increase logged last month. Apartments were again the commercial...
Emergency Rental Assistance funds going out – slowly
A report by the U.S. Department of the Treasury states that, as of the end of July, approximately 24 percent of the $25 billion in emergency rental assistance funds allocated under the Consolidated Appropriations...
Avanath Capital Management acquires 71-unit mixed-use affordable housing and retail community in Berkeley, California
Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has acquired Acton Courtyard, a 71-unit mixed-use Affordable housing community with 7,013 square feet of ground-floor retail, located in Berkeley,...
72-unit Timber Court Sells for $16 Million
Timber Court, located at 3400-20 N. Old Arlington Heights Rd. in Arlington Heights, Illinois, has sold for $16 million to a Chicago-based portfolio apartment investor. The 72-unit property was listed for sale by multifamily...
