On the Front Lines of Military Housing
Tim Toohey, managing director of Corvias Property Management, discusses the challenge of on-base occupancy and how best to meet service members’ housing needs.
New Nashville Community Gets $48M Refi
The new loan encumbers a recently completed 230-unit Class A multifamily asset in the city’s Music Row neighborhood, replacing a nearly $40 million construction loan from U.S. Bank.
Zaremba Group Buys NC Community for $45M
The sale of the 191-unit luxury multifamily asset near Raleigh comes less than four months after the property opened its doors.
Phoenix Apartments Command $69M
CBRE Capital Markets provided Lurin Capital with a $43 million acquisition loan for the purchase of the 283-unit luxury community.
Top 5 Multifamily Transactions in Nashville
Several major deals have closed so far this year, with the bulk of sales including older assets in one quadrant of the metro.
Equity Residential Makes $165M Boston Sale
ING Group provided LaSalle Investment Management and Jefferson Apartment Group with more than $104 million in acquisition financing for a rental community in the city’s Fenway-Kenmore neighborhood.
Cortland Sells Charlotte Community for $107M
Anson at the Lakes, a Class B multifamily asset with nearly 700 units, last changed hands in early 2015 for $60.2 million.
Top 5 Apartment Owners in Raleigh-Durham
The overwhelming majority of the metro’s multifamily owners are regional and national investors, drawn by The Triangle’s strong market fundamentals.
FirstService Selected to Manage AZ Condos
The Tucson community opened in 1997 and includes 408 units across 42 buildings within 15 miles of the city center.
Waterton Re-Enters Vegas With $140M Buy
The firm’s portfolio acquisition includes 720 Class A units in two communities. CBRE provided the buyer with financing through Freddie Mac.