Cities
Philadelphia Multifamily Report – Fall 2020
While transaction volume was down 79 percent through October, the average rate continued its upward path.
Davlyn Investments Pays $95M for Sacramento-Area Property
The 273-unit Class A community last traded almost a decade ago, when it commanded $40.5 million.
Greystone Arranges $95M Financing for Multifamily Trio
The Freddie Mac loans will refinance two Class B communities along the East Coast and one in the Midwest.
The Habitat Co. to Manage 1,010 Chicago Units
The firm is adding two condo properties in the South Loop and Bronzeville neighborhoods to its management portfolio.
Bell Partners Acquires Multifamily Duo in Greater Boston
The new owner plans to merge the two assets into a 420-unit community called Bell Westford.
Western Wealth Capital Pays $54M for Phoenix Asset
Tides Equities sold the 316-unit, 18-building community north of downtown, after purchasing it in 2019.
HTG Lands $29M for West Palm Beach Affordable Project
KeyBank provided the financing package for the 94-unit development located a short distance from a major transit hub.
Shoma Group Lands $84M Refi for Miami-Area Project
The floating-rate loan has a three-year term and will refinance existing construction financing.
CBRE Brokers $63M Suburban Phoenix Sale
Tyler Anderson, Sean Cunningham, Asher Gunter, Matt Pesch and Mark McFate assisted the seller of the 240-unit property.
Showcasing Hotel-Style Amenities in Los Angeles
Evolve South Bay, a new, 300-unit apartment property in Carson, Calif., includes a coworking center, a high-end lounge and other hospitality-inspired features.