Cities
Portland Multifamily Report – Summer 2020
While occupancy took a hit, the metro’s economy is slowly but steadily healing.
IRET Expands Denver Holdings with $145M Purchase
The firm acquired a 465-unit luxury community in Thornton, Colo., with proceeds from the recent sale of a portfolio in North Dakota.
ZOM Living Sells Recently Built North Dallas Community
A CBRE-sponsored fund purchased the 376-unit luxury property. The seller developed the asset using a $35.8 million construction loan from Texas Capital Bank.
Gelt Purchases Portland-Area Community for $30M
HFO Investment Real Estate represented the buyer of the 160-unit, garden-style property in Gresham, Ore.
Capstone Real Estate Acquires Ohio Student Housing
Rialto Capital Management sold the 471-bed property located in Akron for $12.5 million.
Phoenix Multifamily Report – Summer 2020
While the market did not remain unscathed, the metro’s rental segment fared relatively well since the pandemic hit.
Herman & Kittle Opens Columbus Affordable Community
The developer financed the 248-unit project with tax-exempt bonds issued by the Ohio Housing Finance Agency.
Trilogy Acquires Columbus-Area Apartments
The firm has purchased The Mirada in Lewis Center, Ohio, which was 95 percent leased at the time of sale.
Wood Partners Unveils Newest Community in San Francisco
The 172-unit Alta Potrero is situated in the city’s Potrero Hill neighborhood.
Praedium Group Adds to Arizona Holdings
The real estate investment firm purchased the 385-unit Liv North Valley in Phoenix for $90 million.