Mike Mueller, a multifamily technology entrepreneur, has acquired CallSource Inc.’s multifamily vertical.

Scottsdale-based MC Cos. and Phoenix-based Clark-Wayland Builders LC have formed a joint venture to develop apartment properties in both Phoenix and Tucson.

Multifamily sales in the Las Vegas metro area increased by 59.6 percent between the third quarters of 2010 and 2011, this in concurrence with the overall unemployment rate dropping from 15.5 percent to 14.2 percent.

CityView has closed on its first asset from the Bay Area Fund–a $300 million fund that will be used to invest in Bay Area, Calif., multifamily communities.

The term “luxury” isn’t the first word you think of when you hear “affordable housing,” but NMS Properties is looking to change this with their Luxe @ Broadway apartments.

Spirit Investment Partners LLC and The Bascom Group LLC have teamed up to form a joint venture, Spirit Bascom Ventures LLC, for the purpose of acquiring value-add multifamily properties in the eastern region of the country.

CBRE Global Investors has purchased Heritage Creek, a 324-unit garden-style apartment community built in the ’90s, and it plans to initiate a value-add capital program to modernize the interiors.

Several years ago, southwestern Colorado growers decided to act on the pressing need to give farm workers affordable housing close to where they work. That spurred the development of a new farm worker housing community.

2011 proved to be a good year for multifamily, according to Marcus & Millichap’s 2012 National Apartment Report. And this is predicted to continue for 2012.

Colliers International plans to capitalize on growing demand in the student housing market with the creation of its National Student Housing Group.