Cities

Class B Tampa Community Trades for $37M

The partnership buying the asset assumed a $21.4 million Freddie Mac loan from the seller of the 356-unit community.

Scion Student Communities Adds MUZE to Its Portfolio

MUZE was completed in August and is located in the capital’s West Campus neighborhood.

Austin Matrix report Photo by Roschetzky IstockPhotoiStockphoto.com

Austin Multifamily Report – Fall 2019

The metro’s strong economic performance and demographic expansion are the main drivers of the multifamily market’s sustained growth.

Inland Real Estate Buys Phoenix Community for $56M

Santander Bank provided the buyer of the 225-unit property with more than $30 million in acquisition financing.

MAXX Properties Grows Las Vegas Portfolio

Following the acquisition of 168 units in the city’s Spring Valley neighborhood, the owner plans to begin capital improvements.

Related Group Seals Largest Multifamily Deal in Tampa Bay History

Olympus Property paid more than $131 million for the 21-story luxury asset in Tampa’s Harbour Island.

Berkadia Closes $30M Los Angeles-Area Sale

The 78-unit community known as Villa Grande Townhomes had a 92.3 percent occupancy rate as of September.

CAPREIT Acquires Delaware Community

Greysteel’s Ari Firoozabadi and Henry Mathies acted on behalf of the seller and procured the buyer for Vinings at Christiana.

Newark Affordable Housing Breaks Ground

The Michaels Organization and its partners began work on Somerset Brownstones, a $19 million development in New Jersey’s Central Ward neighborhood.

California Community Lands $39M Fannie Mae Green Loan

Fannie Mae originated the funds in August, when Afton Properties acquired the asset from Klingbeil Capital Management.