Tag: News
Full circle
Landlords pumped billions into apartment buildings during the pandemic. That bet could now go horribly wrong. While offices have been going through a paradigmatic shift...
Old school, new life
An abandoned school—and neighborhood eyesore—in Pennsylvania has been renovated and rehabbed into a viable piece of real estate once again. It has happened thanks to...
Who pays more taxes?
Benjamin Franklin wrote toward the end of his life, that “in this world, nothing is certain except death and taxes.” But while we’re all...
42-unit multifamily trophy asset in prime Downtown Los Angeles sells for $17.5 million
The Mint, an eight-story, 42-unit multifamily property located in the heart of downtown Los Angeles, has sold for $17.5 million. The buyer was a...
Regulations stunts housing (still)
A new Pew Charitable Trusts study examining jurisdictions that reformed zoning finds far lower rent increases there than elsewhere. Zoning rules that severely restrict the...
Sale of northwest Austin multihousing community closes
JLL Capital Markets announced that it has arranged the sale of Caliza, a 270-unit, Class A, garden-style apartment community in the northwest Austin suburb...
Kiser Group closes a $15 million deal off market
Kiser Group has brokered a $15M portfolio in the UIC Medical District. The seller University Rentals UIC sold the property to Bay Laurel Partners...
Camino Verde Group acquires Sherwood Apartments
Las Vegas-based real estate investment and development firm Camino Verde Group recently acquired Sherwood Apartments in Midtown Las Vegas. Located just east of Las...
FCP acquires 360-unit Amber Grove at Olley Creek Apartments in Marietta, Georgia for $51...
FCP announces the $51.0 million acquisition of Amber Grove at Olley Creek Apartments, a 360-unit garden apartment community at 2050 Austell Road in Marietta, GA....
Post Road Management acquires multifamily portfolio totaling 1,002 units in Wichita, Kansas
Post Road Management, a full-service real estate investment and management company, has acquired a portfolio of 11 multifamily communities, all located in Wichita, Kansas...
460-unit sale of multihousing community between Buffalo and Niagara Falls, NY trades
JLL Capital Markets announced that it has closed the sale of Town Hall Terrace, a 460-unit multihousing community located in Grand Island, New York. JLL...
The Mogharebi Group completes sale of 92-unit apartment community in Fresno for $11.4 million
The Mogharebi Group (TMG) has arranged the $11.4 million sale of the 92-unit Northbrook Apartments in Fresno, California. Located at 584 E. Bullard Ave., Northbrook...
Lack of existing inventory continues to support builder sentiment
Builders remained cautiously optimistic in April as limited resale inventory helped to increase demand in the new home market even as the industry continues...
Berkadia arranges $165 million construction loan takeout refinancing for South Florida’s multifamily development of...
Berkadia announces it has arranged a $165 million loan to refinance the construction loan for The Dorsey, a recently completed, mixed-use development located in...
ABI Multifamily brokers 20-unit South Phoenix apartment community for $2.9 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $2.9 million / $145,000 per...
