Cities

Nevada Apartment Community Breaks Ground

The new 209-unit community will be developed on an abandoned parking structure that has been vacant since 2008.

1125 Banner Ave.

Abro Secures 2 Brooklyn Assets for $47M

Hudson Cos. acquired the property in March 2014 with a value-add strategy of completing capital projects.

Oden Hughes West 5th Street, Austin, Texas

Class A Multifamily Community Breaks Ground in Austin

The development will include nearly 2,200 square feet of ground floor retail space.

Yardi Matrix: Fever Pitch—Atlanta Demand Heats Up

Atlanta’s multifamily market benefits from a diversified economy, a healthy development pipeline and high investor demand.

Mesa West Enters Nashville with $88M Refi

Magellan Development Group’s The SoBro includes 313 units and ground-floor retail.

Cresta Expands Portfolio with Beverly Hills Buy

The Royal Palm, a 45-unit property, was 100 percent occupied at the time of closing.

Yardi Matrix: Houston’s Shaky Economy

Houston’s multifamily market is still reeling from the oil price collapse in 2015, which resulted in thousands of job cuts and slowing investment activity.

Top 5 NYC Multifamily Sales

PropertyShark compiled the top 5 sales in multifamily for February 2017 in New York City.

Post Brothers Wins $103M to Transform Historic Office

Philadelphia’s The Atlantic will be redeveloped into a luxury community.

TMG Partners to Convert San Francisco CPMC to Housing Site

The developer has submitted a preliminary project application and environmental evaluation for up to 250 Units in Presidio Heights.