Job openings set new record in June
The Bureau of Labor Statistics (BLS) recently released its Job Openings and Labor Turnover (JOLT) report for June. The report set a series record for the highest number of job openings, easily exceeding the...
Multifamily jobs markets soften in July
The latest Employment Situation Report from the Bureau of Labor Statistics shows that 3 out of the 4 jobs categories we track that are of interest to builders and operators of multifamily housing had...
Electra Capital provides $6.2 million participating preferred equity on Houston apartment portfolio acquisition
Electra Capital, a boutique lender specializing in flexible, short-term multifamily financing solutions, has closed on a $6.2 million participating preferred equity investment in the Cypress Station Portfolio, two multifamily communities located in Houston, Texas...
ABI Multifamily brokers 110-unit North Scottsdale multifamily apartment community for $35 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $35,000,000 / $318,182 Per Unit / $417.23 Per SF sale of 92Forty Scottsdale Apartments, a...
PCCP, LLC and Doran Companies form joint venture for the development of a Class...
A joint venture of PCCP, LLC and Doran Companies announced it will develop a class A, 350-unit multifamily project located on 5.15 acres at 5959 Shady Oak Road, in Minnetonka, MN. Groundbreaking is expected...
Cushman & Wakefield arranges multifamily sale on behalf of RAS Realty Partners
Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of The Moderne at Providence, 300-unit apartment community located in Huntsville, Alabama.
Jimmy Adams and Craig Hey of Cushman & Wakefield...
Haven Realty Capital adds to single family rental portfolio with $23 million acquisition of...
Haven Realty Capital has expanded its Single Family Rental portfolio after closing on the completed first phase of its $23 million acquisition of Windermere Trails, a 54-home dedicated rental community (DRC) now under construction...
Sale and financing of multihousing community in central Texas closes
JLL Capital Markets announced that it has closed the sale of and arranged acquisition financing for The Remington, a 200-unit, garden-style multihousing community in the central Texas city of Killeen, Texas.
JLL marketed the property...
Sponsored: The Grand Reopening: A New Wave of Renters is Coming
Waves on the beach aren’t the only thing making a splash this summer. There’s a surge of renters about to pack up and move to new apartments. A recent Apartments.com survey of over 35,000...
Beach Real Estate Funds acquires Asheville, North Carolina apartments
Beach Investment Fund LP, through its manager, Beach Real Estate Funds (BREF), both affiliates of The Beach Company, announced the July 29 acquisition of The Northside at Merrimon (Northside), a 166-unit garden-style multifamily community...
Parkview Financial provides $25.5 million construction loan for adaptive reuse of historic 10-story building...
Parkview Financial announced it has provided a $25.5 million construction loan to Orchestra Partners Development for the conversion of the Frank Nelson Building in Birmingham, AL. The 10-story, 79,000-square-foot (sf) historic office building will...
Trez Capital’s equity investments partnership program completes sale of project in Desoto, Texas
Trez Capital is pleased to announce the sale of The Beacon on Westmoreland, in Desoto, Texas. The Beacon at Westmoreland was built in partnership with Thompson Realty Capital, LLC on a 10.41-acre tract of...
Cushman & Wakefield represents DLS Partners in $13 million sale
Cushman & Wakefield announced that Executive Directors Nick Meoli and Mike Donaldson have represented DLS Partners in its disposition of Hamlet Cove, a multifamily community in Gainesville, Florida. Greenberg Apartment Communities acquired the asset...
Marcus & Millichap brokers sale and secures financing for West Houston multifamily asset
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale and acquisition financing of Territory at Greenhouse, a 288-unit luxury apartment complex...
The Multifamily Group brokers 28 units in Richardson, Texas
The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week it has facilitated the sale of the Parkwood Apartments in Richardson, Texas. Yonnic Land represented local sellers, and Jon Krebbs...
