Cities

TruAmerica Makes First Foray on East Coast With MD Acquisition

The $187 million deal includes a 1,004-unit apartment portfolio.

The Clarion, Decatur, Ga.

Federal Capital Partners Breaks the Ice on Atlanta Multifamily Market

Magnolia at Whitlock and Clarion, two multifamily communities in the Atlanta area, total 369 units and are ready for planned renovations.

WinnResidential Wins Management of 4,420-Unit CA Portfolio

Highridge Costa Investors awarded WinnResidential the right to manage a portfolio of 48 California LIHTC properties.

Yardi Matrix: Appealing Austin

Austin’s steady economic and multifamily sector growth continues unabated, although the heavy supply pipeline is leading to fears about overdevelopment.

Randolph Street Expands Chicago Portfolio

The Windy City-based company paid $14.3 million for a 36-unit property in Wicker Park.

Case Study: San Francisco’s 1180 Fourth St.

The new development in San Francisco’s evolving Mission Bay offers luxe living to
low-income and formerly homeless renters.

Outfield Apartments-Lansing, Mich.

Community Inside Michigan’s Cooley Stadium Move-In Ready

The three-story, 84-unit community is made up of studios, one- and two-bedroom apartments ranging in size from 548 to more than 800 square feet. Half of the apartments face the Lansing Lugnuts stadium.

CAPREIT Snags 978-Unit Virginia Apartment Portfolio

The major apartment owner and operator acquired a five-community apartment portfolio in the Richmond area, with plans to keep the units affordable.

Beachwold Residential Acquires 482-Unit Multifamily Portfolio with Help from HFF

HFF provided nearly $38 million in financing for the acquisition of two residential communities in Florida and Texas.

Boston Announces Plan to Ramp Up Housing Supply

The city of Boston released its housing report detailing how it will create 53,000 units of housing by 2030.