Cities

Knightvest Expands Phoenix Footprint With $75M Buy

Canadian Imperial Bank of Commerce provided the buyer with more than $57 million in financing for the purchase of the 432-unit Class A multifamily asset.

Las Vegas Metro Report Photo by 4kodiak iStockphoto.com

Las Vegas Multifamily Report – Fall 2019

The metro’s steadily diversifying economy is resulting in positives for its multifamily market, as well.

Time Equities Breaks Ground on Tallest Tower on Michigan Avenue in Chicago

The team behind 1000M also includes JK Equities, Oak Capitals and McHugh Construction Co. Helmut Jahn is the architect of the project while Kara Mann will design the interiors.

S2 Residential Pays $46M for Phoenix Community

Bridge Investment Group provided acquisition financing for the Class B, 320-unit multifamily asset.

Queens Property Lands $121M Loan

Treetop Development obtained the financing for 711 Seagirt, a 917-unit asset in the Far Rockaway neighborhood.

GID Development Begins Phase 2 of Houston Luxury Project

The developer is planning 600 apartments along with retail, restaurants and public spaces at Regent Square.

ConAm Group Acquires Las Vegas Apartments

South Valley Ranch is situated in a master-planned community within the submarket of Henderson.

Colorado Community Sells for $92M

Gelt Inc. originally bought Westhills Apartment Homes in Lakewood, Colo., for $66 million and invested $11 million in upgrades.

Queens Metro Report Photo by Sean Pavone iStockphoto.com

Queens Multifamily Report – Fall 2019

Unrestrained by this summer’s new statewide regulations, rents in the New York City borough rose sharply over the past two quarters.

Berkadia Arranges $49M Orlando Community Sale

The company’s Cole Whitaker and Mary Beale worked on behalf of seller Aspen Square Management in the disposition of the 278-unit suburban asset.