Tag: News
Passco Companies enters Baton Rouge with two best-in-market luxury multifamily acquisitions
Passco Companies, a privately held California-based commercial real estate company that specializes in real estate acquisition, development, and asset management throughout the U.S., has...
Institutional Property Advisors brokers 10 Class-A multifamily property sales in San Antonio for $568.45...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of 10 multifamily assets totaling 2,290 units in San Antonio, Texas...
CGI+ acquires multifamily community in Oxnard, California for $50.7 million
CGI+ Real Estate Strategies’ ongoing efforts to broaden its investment platform has led to the firm to make its second suburban purchase in the...
Institutional Property Advisors facilitates $67 million Pasadena multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Theo Pasadena, a 105-unit apartment property in Pasadena, California. The...
Community Preservation Partners appoints Belinda Oakes as new Chief Financial Officer
Community Preservation Partners (CPP), one of the nation’s most active affordable housing preservation developers, announced the appointment of Belinda Oakes as chief financial officer....
Next Wave completes value-add program, sells 90-unit apartment community in the Salt Lake City...
Next Wave Investors, LLC (Next Wave) a private equity firm focused on value-add multifamily investments, has sold Aspen Village Apartments, a 90-unit apartment community...
Livingston Street Capital surpasses $150 million investment in Texas with acquisition of Class A...
An affiliate of Livingston Street Capital, a boutique private equity firm focused on commercial real estate investments throughout the U.S., has acquired Atlas Point...
$90.4 million in capital secured for Opportunity Zone multihousing development near Denver
JLL Capital Markets announced that it has arranged $90.4 million in combined joint venture equity and construction financing for Claro at High Point, a...
CBRE announces the sale of The Tannery in Glastonbury, Connecticut
CBRE announced the sale of The Tannery, a 250-unit Class A apartment community in Glastonbury, Connecticut. The CBRE team of Jeffrey Dunne, Simon Butler,...
Joint venture between PCCP, LLC and Trion Properties acquires Loft 9 Apartments, a 418-unit...
A joint venture of PCCP, LLC and Trion Properties announced the acquisition of Loft 9 Apartments, a 418-unit low-rise apartment community located at 11100...
CPP Housing undergoes $46.3 million affordable housing project in Raleigh, North Carolina
Community Preservation Partners (CPP), one of the nation’s most active affordable housing preservation developers, announced the acquisition of Chandler Ridge Apartments, a 228-unit mixed-income...
Housing affordability holds steady but supply-side challenges persist
Housing affordability held steady at its lowest level in nearly a decade, as higher home prices offset lower mortgage rates to keep the affordability rate flat...
Cushman & Wakefield arranges sale on behalf of Middleburg Communities
Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of Mosby University City, a 309-unit apartment community located in...
Sunrise Management named Lydia Stiles as asset director expanding Portland office
Expanding its new Portland, Oregon office, San Diego-based Sunrise Management, which has specialized in managing multifamily properties since 1978, has added Lydia Stiles as...
Rent Payment Tracker: Payments down slightly from last November
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 78.2 percent of apartment households made a full or partial rent payment by November...