News

CONAM Multifamily Partners Fund III, a discretionary fund sponsored by The CONAM Group, is pleased to announce the purchase of Arise Craig Ranch, a 270-unit Class A multi-family community in McKinney, Texas, one of...

Trepp reported that delinquency rate for multifamily commercial mortgage-backed securities (CMBS) loans ticked up slightly again in September, moving up 1 basis point. The delinquency rate for the overall CMBS market rose after falling...

Legacy Partners, a privately held national real estate firm, and Pondmoon Capital Holdings USA announced the opening of Merit, a 296-residence mixed-use community in Lewisville, Texas. The Lewisville apartment community features one-, two-, and three-bedroom...

CBRE announced the sale of two multifamily rental communities totaling 20 units for over $5.5 million in Anaheim, California to two separate buyers.   In the first transaction, CBRE’s Executive Vice President Dan Blackwell, Senior...

Garden Communities has launched pre-leasing for the townhome phase of The Metropolitan in Springfield, as construction continues at a steady pace. The community will feature a combination of townhomes and apartments for a total...

High Street Residential, the residential subsidiary of Trammell Crow Company, has completed construction on Smith & Rio, a 310-unit residential community in Tempe, Arizona. Located in Tempe’s vibrant downtown, just south of the Loop...

MIG Real Estate LLC, a real estate investment company with assets across the Western U.S. and Sun Belt states, announced the acquisition of Waterleaf, a 456-unit apartment complex in Vista, California. “MIG is excited for...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 4161 N Milwaukee, a 12,100-square-foot mixed-use property located in Chicago, Illinois....

Interra Realty announced it has promoted three of its brokers to new leadership positions. Paul Waterloo and Jeremy Morton have both been elevated from director to managing director, while Mark Dykstra has been promoted from...

CoStar reported that its value-weighted index of multifamily property prices fell 19.6 percent year-over-year in August. This index was down 1.4 percent month-over-month, reversing last month’s gain. The value-weighted index of non-multifamily commercial property also...

Conor Commercial Real Estate is pleased to announce their latest multi-family project, the Flynn at Live Oak. The five-story building will incorporate 327 apartments and a first-class amenity package, including a co-working space featuring...

The Job Openings and Labor Turnover (JOLT) report from the Bureau of Labor Statistics (BLS) said that the number of job openings in August was 9.61 million, up 690,000 openings month-over-month. In addition, last...

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of two multifamily assets in Des Moines, Washington. Spinnaker Landing, a 66-unit property and Regatta, an 86-unit asset traded for a combined...

JLL Capital Markets announced that Samantha Kupersmith has joined the firm’s multi-housing team as a Senior Director in the Philadelphia office. Kupersmith will focus on multi-housing investment sales throughout the Philadelphia MSA and will...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Courtyard Villas, an 80-unit multifamily community, in Orlando, Florida. The...