Cushman & Wakefield arranges sale on behalf of Ardmore Residential
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Ardmore Heritage, a 260-unit apartment community located in Wake Forest, North Carolina.
Watson Bryant, Jordan McCarley and Paul Marley...
The RADCO Companies announces sale of Radius Sandy Springs apartment complex in Atlanta
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of Radius Sandy Springs, a 532-unit apartment community located at 7700 Colquitt Road in Atlanta, GA.
The deal represents...
Census reports on vacancies
The latest Census Bureau report on housing vacancies shows that the rental housing vacancy rate in Q4 2020 was 6.5 percent, only 0.1 percent higher than the year-earlier rate.
Big picture view
The Census Bureau report...
Institutional Property Advisors facilitates Central Texas multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Park at Estancia, a newly constructed, 320-unit multifamily property located within the master-planned community of Estancia Hill Country in Austin’s...
Westmount Realty Capital acquires garden-style multifamily community in Arizona
Westmount Realty Capital announced the acquisition of Tides at Downtown Tempe, a two-story, garden-style apartment community located at 615 S. Hardy Dr. in fast-growing Tempe. The 227-unit multifamily community consists of one-, two- and...
Gelt, Inc. acquires 352-unit apartment community for $100.5 million in Denver submarket
Gelt, Inc., is pleased to announce it has acquired Regatta Apartments, a 93 percent-leased, 352-unit multifamily community located at 10500 Irma Drive in Northglenn, CO, for $100.5 million. This substantial buy marks the Los...
76-unit Dixon Heights Apartments sold for $3.8 million by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Dixon Heights Apartments, a 76-unit apartment property located in Andalusia, AL,...
Institutional Property Advisors brokers $46.75 million multifamily sale in Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Grove Deer Valley, a 208-unit apartment asset in Phoenix, Arizona. The property sold for $46.75 million, which equates to...
Livingston Street Capital expands 55+ active adult and independent living portfolio footprint to west...
An affiliate of Livingston Street Capital, a boutique private equity firm focused on commercial real estate investments throughout the U.S., has acquired King City Senior Village, an independent living multifamily community in the greater...
Interra Realty brokers $5.2 million sale of vintage rental building in Evanston, Illinois
Interra Realty, a Chicago-based commercial real estate investment services firm, announced the $5.2 million sale of 908 Main St., a 27-unit vintage apartment building in Evanston, Ill., a north suburb of Chicago. The price...
Rare Capitol Hill apartments with development potential sells for $4.5 million
A multifamily property located at 433 Bellevue Avenue East in Seattle’s Capitol Hill neighborhood has sold for $4,500,000. Dylan Simon, Jerrid Anderson, Matt Laird, and Winslow Lee of The Simon and Anderson Team partnered...
CBRE arranges sale of Regency Place to affiliate of Harbor Group International
CBRE announced that it has arranged the sale of Regency Place, a 120-unit multifamily community located at 7000 Horseshoe Lane in Wilmington, MA.
CBRE Capital Markets’ multihousing experts Simon Butler, Biria St. John and John...
Centro Railyard residential and retail property sold
JLL Capital Markets announced that it has handled the sale of Centro Railyard, a 2020-vintage, 91-unit luxury multihousing property with 12,991 square feet of innovative “micro” ground floor retail, in Charlotte, North Carolina’s booming...
California extends eviction moratorium
California Governor Newsom has signed into law Senate Bill 91 (SB-91), which extends the state’s eviction moratorium to June 30, 2021. The bill also creates the State Rental Assistance Program which will use funds...
Nation’s home builders elect leadership for 2021
Members of the National Association of Home Builders (NAHB) elected four senior officers to top leadership positions within the federation at the conclusion of this week's NAHB Winter Leadership Meetings.
With more than 700 affiliated state and...
