Tag: News
Thayer Manca Residential expands New Mexico portfolio
Thayer Manca Residential (TMR) has purchased their newest multifamily property in Albuquerque, New Mexico. TMR acquired Hunter’s Ridge, a 144-unit property, as they continue...
Berkadia arranges sale and finance of garden-style workforce multifamily community in Houston, Texas
Berkadia announces it has arranged the sale and finance of Creekside Villas at Clear Lake, a 202-unit workforce housing community in Houston, Texas. Managing...
Construction delays ongoing as costs are on the rise
Fully 97 percent of apartment developers report experiencing construction delays according to the National Multifamily Housing Council’s (NMHC) Construction Quarterly Survey. Of those experiencing...
Cushman & Wakefield arranges sale of Solis Cumming
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Solis Cumming, a 320-unit multifamily property in a suburb...
Institutional Property Advisors brokers Southern Arizona multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Port Royale, a 252-unit multifamily property in Sierra Vista, Arizona....
Interra Realty brokers $6.725 million sale of multifamily property in Chicago’s Budlong Woods Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of 2713-2737 W. Berwyn Ave., a pair of adjacent...
American Landmark acquires apartments in Atlanta
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired 2050 Morningside, a 198-unit apartment community located in...
Cushman & Wakefield arranges sale of Park on 23rd
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Park on 23rd, a 98-unit multifamily property located in...
Kidder Mathews sells 120 total units in South Tacoma, Washington
Coventry Court IV Apartments, a garden-style apartment totaling 100 units located at 908 76th Street Court East in Tacoma, Washington, sold for $21,150,000 in...
DB Capital acquires second multifamily property in Denver Metro in a month, expanding its...
DB Capital Management (DB Capital) has acquired its second multifamily asset in the Denver metro in the last month with the purchase of Gardens...
PCCP, LLC provides senior loan for the acquisition and renovation of a 180-unit apartment...
PCCP, LLC has provided a senior loan to a joint venture between funds managed by Oaktree Capital Management, L.P. and Security Properties for the...
Cushman & Wakefield arranges sale & financing of Oasis at Belmont multifamily community
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Oasis at Belmont Park, a 234-unit apartment community located...
100-unit Summit on Thomas Apartments in Phoenix sell for $21 million
The Summit on Thomas apartments in Phoenix have been sold to Cowabunga, LLC for $21 million. Cowabunga is a private capital family office focused...
ABI Multifamily brokers 34-unit Northwest Phoenix apartment community for $9.5 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $9,500,000 / $279,412 Per Unit...
Institutional Property Advisors closes multifamily asset sale in New York’s Capital District
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Country Gardens Apartments, a 168-unit multifamily asset in Troy, New...