Cities
JPI Lands Financing for $104M San Diego Community
The 172-unit Jefferson Pacific Beach will encompass three acres and include 14,000 square feet of ground-level retail and creative office space.
On the Market: 5 Interesting Listings for the Week of 8/28
This week’s listings include a newly renovated property in Whittier, Calif., with an abundance of amenities and a historic asset with original 1912 architecture in the trendy Portland neighborhood of Hollywood.
IPA Intermediates Sale of Austin-Area Community
Vantage at Georgetown is a 288-unit community strategically located north of Austin in Georgetown, Texas. The property was acquired by Pensam Residential.
In Case You Missed It: MHN’s Top 5 Posts in August
Miss out on any of our articles or videos? Catch up with five of our most popular posts for the month.
Pathfinder Acquires 195-Unit Sacramento Property
Savannah Court, a 31-year-old, 24-building community, will receive interior and exterior renovations. It is the company’s second acquisition in the metropolitan area.
Demographic Shifts Pick Up Speed in Orange County
Employment gains, a moderate supply of new development and a high barrier to homeownership have bolstered strong multifamily demand, pushing up rents and keeping occupancy over 96 percent.
Lexerd Lands $39M FL Apartments
Springs at Braden River is a 270-unit garden-style community in Bradenton, Fla. The company acquired it from Continental Properties.
Oil Prices, Supply Still Influence Market in Houston
The city’s apartment market continues to struggle as oil prices remain below $50 a barrel with little prospect that they will rise soon.
XFD Unveils IL Student Housing Community
In partnership with Lewis & Clark Real Estate, the company debuted the 428-bed, mixed-use 212 East, located in Champaign, Ill. The community will serve the students of the University of Illinois.
Tourism’s Power a Draw in Orlando
The city’s multifamily market is thriving due to healthy tourism, above-trend population gains and a rapidly growing economy.