Cities
Philadelphia Student Housing Community Trades for $20M
The new owner has already rebranded the property and intends to add an affordable housing component to the 2008-built community.
Silicon Valley Affordable Senior Asset Commands $39M
Silver Tree Residential plans to rebrand the property as Redwood Senior Apartments of Willow Glen.
Element Residential Buys 1,020-Bed Student Housing Community in Tucson
The property is approximately 4.5 miles east from the University of Arizona.
Mill Creek Residential Begins Construction of Miami Community
The firm has started building phase 2 of its Modera Skylar project.
Bascom Group Buys Las Vegas Portfolio
The three properties totaling 390 units sold for $72 million.
Suburban Phoenix Property Changes Hands for $72M
Avanti Residential sold the 264-unit community in Goodyear, Ariz., after three and a half years of ownership.
Los Angeles Multifamily Report – Summer 2021
While the metro’s recovery is relatively slow, fundamentals are pointing to sunnier days.
Active Adult Living Community Underway in Chicago Suburb
TWG Development’s first project in the greater Chicago area will bring 174 units to Naperville, Ill.
Dwight Capital Provides $45M Refi for Dallas-Area Community
The funding for the Grand Prairie property qualified for HUD’s Green MIP Reduction.
Clear Capital Closes First Utah Acquisition
The $15 million transaction marks the company’s first deal in the Beehive State.