Cities

Avanti Residential, FCP Acquire Phoenix Asset for $65M

The partners plan to invest $4.6 million in capital improvements at the community, including interior unit upgrades.

The Avant

Boston Properties Pockets $141M for Virginia Asset

The sale represents the final stage of a reverse 1031 exchange.

San Antonio Multifamily Report – October 2022

After a relatively swift recovery, the market is once again slowing down.

Mogharebi Group Arranges $11M Affordable Community Sale

A California-based affordable housing investor acquired the property.

Finley

Embrey Acquires Land for Charlotte Project

The 343-unit development is slated for a 2025 completion.

Jonathan Rose Breaks Ground on LA Affordable Housing Project

Upon completion, the community will cater to residents earning between 30 and 80 percent of the area median income.

Salt Lake City-Area Storage Trades

Garn Development sold the property, which came online in 2019.

Montfort Capital Partners Acquires Houston-Area Storage

JLL Capital Markets represented Quintet Capital Group in the sale of the 678-unit property.

Community Builders JV Kicks Off Pittsburgh Adaptive Reuse

The project will transform a former school into mixed-income housing.

St. Louis Multifamily Report – October 2022

For the first time in two years, rent growth is outpacing the U.S. average.