Cities
CBRE Brokers Sale, Financing of 171-Unit Affordable Asset
The Seattle-area community traded for $18.9 million. Tim Flint worked on behalf of the seller in the transaction, while Jim Flinn secured acquisition financing.
Las Vegas-Area Luxury Community Fetches $59M
JLL Managing Directors John Cunningham and Charles Steele arranged the sale of the 366-unit asset on behalf of The Bascom Group.
Revitalizing Kansas City’s Columbus Park
Known as the metro’s “Little Italy,” the neighborhood is one of several areas near downtown to welcome innovative redevelopment initiatives.
Record-Breaking Tower Tops Out in Austin
Located downtown, The Independent—the tallest residential tower west of the Mississippi River—rises 685 feet and comprises 58 stories.
Westmount Sells 362-Unit Houston Community
The Beverly Palms has received $1 million in improvements over the past six years, including a newly painted exterior, architectural enhancements and updated common areas.
Supply Surge Moderates Rent Growth in DC
The metro’s multifamily demand remains strong in the context of a high barrier to homeownership, while a steady influx of high-paying jobs continues to lure residents to the area.
NorthMarq Arranges Refi for OC Community
The Sares-Regis-owned Aliso Creek Apartments in Aliso Viejo includes 535 units, three spas, 866 parking spaces and a cyber cafe.
Construction Surge Tempers Rent Growth in Boston
Bolstered by population and employment gains, multifamily demand continues to rise across the metro, spurring developer optimism and attracting new investors.
Midtown 8 Tops Off in Miami
Wood Partners developed the 28-story mixed-use development located four miles of downtown Miami. The project is slated for completion by May 2019.
TruAmerica, Oaktree Snag $142M Portfolio
The joint venture acquired the 424-unit Galleria Palms in Tempe, Ariz., and the 456-unit Aviata in Las Vegas.