Cities
InvestRes Sells Tampa-Area Portfolio for $29M
The two communities in Bradenton, Fla., total 297 units with one property designated fully affordable.
Vulcan Sells Seattle Community for $98M
JLL brokered the sale of Augusta, a 210-unit property that includes ground-floor retail.
Metro Jacksonville Community Changes Hands
Proxima Asset Management sold a 120-unit garden-style community in Orange Park, Fla. Cushman & Wakefield assisted the seller in the transaction.
StreetLights Residential Breaks Ground on Arlington Project
Dubbed The Jackson, the luxury development is part of a larger master-planned community called Viridian.
Jersey City Community Scores $168M Loan
The financing will fuel construction of a 350-unit rental tower as part of a planned 1,000-unit development.
Inland Empire Multifamily Report – Fall 2019
The Inland Empire’s affordability advantage compared to other SoCal metros is drawing in new residents, expanding the local labor market and driving up demand for multifamily product.
Harbor Group Pays $59M for DC Luxury Community
JLL provided nearly $46 million in acquisition financing for the buyer of the 243-unit, Class A multifamily asset.
Cushman & Wakefield Brokers $40M Deal in Chicago’s Fulton Market
Managing Directors Todd Stofflet and Jason Stevens worked on behalf of JP Morgan Asset Management in the transaction. RDG Funds was the buyer.
Final Tower at Optima Sonoran Village Now Complete
In just six months from the opening date, the final tower’s occupancy has already surpassed 77 percent, thanks to the area’s strong multifamily demand.
Oakwood to Manage New Seattle Community
Wilshire Capital tapped the company to oversee Tellus on Dexter, situated in the South Lake Union neighborhood.