Tag: single family rentals
JLL Arranged Capital for Build-to-Rent Nexmetro Communities Across Arizona and Colorado
JLL Capital Markets announced that it has secured capital for Nexmetro Communities for a Build-to-Rent Portfolio across Phoenix, Arizona and Denver, Colorado. JLL represented the...
Rent growth still in seasonal decline
Yardi Matrix reported that the national average asking apartment rent was down $4 in December compared to the revised level of the month before...
Tower 16 Capital Partners Acquires Its First Build-to-Rent Community Yardly McDowell in Phoenix
San Diego-based Tower 16 Capital Partners has successfully acquired Yardly McDowell, a 167-unit, Build-to-Rent (“BTR”) multifamily property located in the rapidly growing West Valley...
MJW Investments Acquires Off-Market Multifamily Community Verraso Village Near Boise
Los Angeles-based real estate firm MJW Investments acquired Verraso Village, an off-market 96-unit Class A Build-to-Rent townhome community located in the Meridian submarket of...
Berkadia Announces Sale of Build-to-Rent Waterset Development Site in Tampa Florida
Berkadia announced the sale of a 25.66-acre build-to-rent (BTR) development site within the Waterset master-planned community in Apollo Beach, Florida. Senior Managing Director Matt Mitchell...
Institutional Property Advisors Closes $56M Build-to-Rent Asset Sale of Hampton Meridian Near Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Hampton Meridian, 195-unit build-to-rent (BTR) property in Apache Junction, Arizona....
Redwood Living Announces 205 Single-Story Apartment Homes are Coming to Planned Development District in...
Redwood Living, Inc., has started construction on Redwood Amherst, a brand-new neighborhood of single-story apartment homes that will add a desirable residential rental option...
SFR rents rise, but more slowly
CoreLogic reported that their single-family rent index (SFRI) for September rose 2.0 percent from its year-earlier level. This is down 0.4 percentage points from...
McGrath Real Estate Partners Announces Approval of Zoning Change for New Student Housing and...
McGrath Real Estate Partners is pleased to announce the successful approval of a zoning change for approximately 50 acres of land located on CR...
CBRE Arranges Sales of Two Six-Unit Multifamily Properties in San Clemente California
CBRE announced the sales of two six-unit multifamily properties in San Clemente, California, to individual private investors, totaling $4.82 million. “Our targeted marketing generated multiple...
BWE Arranges $43.2M HUD 221(d) 4 New Construction Loan for Market Rate Multifamily Property...
BWE, a national commercial and multifamily mortgage banking company, announced that it has secured a $43,237,400 HUD 221(d)(4) loan to finance the development of...
Newmark Arranges Sale of 126-Unit Townhome Community Avalon Townhomes at Bee Cave in Affluent...
Newmark announces the sale of Brisa Townhomes, a 126-unit townhome community located at 4810 Brisa Way in Bee Cave, Texas, just west of Austin....
Calmwater Capital Funds $41.1M Loan to Refinance Build-To-Rent Community Moderne at Rocking K Near...
Calmwater Capital has provided Moderne Communities with a $41.1 million loan to refinance a 224-unit build-to-rent community, Moderne at Rocking K, in Vail, Arizona. The...
Rent growth continues seasonal downturn in October
Yardi Matrix reported that the national average asking apartment rent was down $3 in October compared to the revised level of the month before...
Greystar’s Summerwell Peoria Place Now Leasing, Providing Unique Build for Rent Opportunity to the...
Greystar, a global leader in the investment, development, and management of real estate, including rental housing, logistics and life sciences, announced that it has...