Cities
Tower 16 Sells Phoenix Community for $30M
The buyer will continue capital improvements at the 214-unit asset, following nearly $2 million invested under the previous owner.
S2 Capital Buys Suburban DFW Portfolio
The new owner plans to invest more than $20 million into capital improvements at the two properties.
Top 5 Multifamily Projects Under Construction in Atlanta
According to Yardi Matrix data, some 20,400 units across 89 properties are under development in the metro.
Las Vegas Community Trades for $24M
The deal marks the first time in three decades the 116-unit asset has changed hands.
Kennedy Wilson Buys Albuquerque Apartments
The firm plans to invest $7 million in upgrades to the 344-unit property.
Sares Regis Pays $96M for San Diego Asset
Part of the acquisition loan will go toward upgrading the downtown property.
Boston Multifamily Report – Summer 2021
While displaying a relatively slow recovery, the metro’s rental market is showing promising signs.
Indianapolis Affordable Housing Lands Equity Investment
The capital from Woodforest National Bank and CEI-Boulos Capital Management will support the 188-unit brownfield Opportunity Zone development.
FCP Buys Suburban Atlanta Community
The acquisition of the 380-unit property in Smyrna, Ga., marks the company’s 20th investment in the metro.
Dwight Capital Closes $35M Loan for Detroit-Area Asset
The HUD loan retires another agency-backed loan for the 254-unit community in Novi, Mich.