Cities
Denver-Area Self Storage Changes Ownership
Invesco Real Estate and Westport Properties teamed up to acquire a 472-unit facility in Castle Rock, Colo.
Bell Partners Purchases 2 Austin Assets
The company plans to merge operations with its nearby Bell Southpark and create a community of 949 units.
Ares Lands $78M Refi for New York Community
The owner will use the loan proceeds to retire $66 million in CMBS debt and continue rehabilitation of the partially affordable asset in Westchester County.
PCCP JV Acquires Atlanta Community
The partners are planning an extensive lease-up plan for the property, which experienced a high vacancy rate due to the pandemic.
Slate, RiseBoro Partner on Affordable Brooklyn Project
The developers plan to reserve the majority of the 215 units as supportive housing.
Adaptive Reuse Self Storage Facility Opens in Baltimore Suburb
The abandoned industrial building has been converted into a net-zero energy facility with two floors of drive-up access units.
Summit Communities Closes $29M Denver Disposition
CBRE represented the seller, and Newmark provided Freddie Mac financing for the buyer.
Knoxville Multifamily Report – Spring 2021
In line with other smaller inland metros, the market is seeing both investor interest and solid rent growth.
Orlando Luxury Community Sells for $74M
Astoria at Celebration underwent a comprehensive repositioning program under the previous ownership.
29th Street Capital Buys Denver-Area Apartments for $134M
The 424-unit property in Aurora marks the firm’s transition from purchasing value-add to higher-quality communities.