Cities
Bascom Sells Chandler Multifamily Asset to Standard Portfolios
Colliers International intermediated the transaction of a garden-style apartment community in Chandler.
Massive Bronx Multifamily Portfolio Sells for $140M
The deal is reportedly the largest portfolio sale in the borough since 2013.
Waterton Lands Charlotte Community for $51M
Waterton spent $51.9 million for 22 three-story buildings with 426 residences in Charlotte’s Mallard Creek submarket.
Manhattan Apartment Sales Dip
CityRealty’s latest report reveals a slight drop in the number of Manhattan apartment sales, but prices are still reaching record highs.
Greystar Starts Pre-Leasing Luxury Community in Houston Historic Neighborhood
The seven-story luxury development will feature 326 residences, expected to reach completion by October 2016.
Slate, Adam America and Vanke Pay $116M for Lower East Side Site
Slate Property Group, Adam America Real Estate and Vanke Holdings USA paid $116 million to acquire 45 Rivington Street, and plan to convert it to luxury residential condominiums.
Suburban Raleigh-Durham Rental Building Sold for $41M
In a deal brokered by HFF, The Village at Marquee Station, a 265-unit apartment community located in Fuquay-Varina, changed hands for $41.5 million.
JV Buys Florida Senior Housing Portfoliofor $555M
The Aston Gardens portfolio encompasses private-pay, primarily independent living seniors housing properties totaling 1,930 units.
Longview Completes Luxury Rentals with Suburban Appeal in Montgomery
Westfield 41, a luxury apartment and townhome community developed by Longview Property Group in Royersford, Pa., is welcoming its first residents.
Yardi Matrix: LA’s Live
Despite only moderate growth in some of its major industries and a declining middle class, Los Angeles experienced among the best rent growth in the country last year.