Cities
Portland Luxury Community Opens Doors
Mill Creek’s Modera Belmont broke ground in May 2016 and features 200 units and more than 10,000 square feet of retail space.
Carmel Partners Sells $129M Upscale Denver Property
Westend, a 390-unit property built in 2015, was 93.5 percent occupied at the time of the sale.
GEM Property Management Exits St. Louis in $180M Sale
The nearly 2,000-unit portfolio sale is the largest multifamily transaction in the city’s history, encompassing six communities in southern St. Louis County.
Greystar Buys $84M CA Property
The firm acquired Pacific Court Apartments, a transit-oriented and value-add property in downtown Long Beach. The buyer plans to upgrade the interior as well as the communal area amenities.
LA-Area Property Sells for $45M
Berkadia brokered the sale of Sunset Plaza, a 183-unit property located in West Covina. The firm represented both the seller and the buyer in the transaction.
Carrfour, Green Mills Complete Miami Affordable Housing
Karis Village, an 88-unit community, includes a computer lab, a fitness center and an outdoor barbecue area.
Arbour Valley Debuts FL Veteran Housing
Doster Construction Co. served as the general contractor for Arbours at Tumblin Creek, a 64-unit senior housing community in Gainesville.
Strong Economy Lifts Real Estate in Salt Lake City
Due to robust employment and solid demographics, Utah’s largest city is generating demand across all asset classes.
LeCesse Begins 2nd Phase of Orlando Development
The 312-unit BellaNova at JubiLee Park, located about two miles from the city’s airport, is anticipated to open in the summer of 2019.
S2 Capital Expands Houston Footprint
The nearly 800-unit property, built in 1973, includes a mix of one- to three-bedroom apartments. The new owner plans to upgrade the community’s units and amenities.