Cities
AIMCO Loans $275M for Landmark Community
The REIT also acquired an option to buy a stake in the 3,221-unit San Francisco property along with development rights.
Pacific Reach Properties Acquires Santa Monica Asset
Institutional Property Advisors represented the seller in its disposition of Pico Lanai Apartments.
Two New Affordable Housing Buildings Open in SoCal
Stella and Bluewater will provide 160 units of housing for formerly homeless individuals, those with special needs and low-income residents in San Diego.
Richmond Multifamily Report – Fall 2019
Despite overbuilding fears across key submarkets over the past few years, the city kept its cool going into 2019’s last quarter, with long-term fundamentals still solid.
Grand Peaks Acquires 220-Unit Southeast Denver Community
The property sold for $36 million, almost three times the price it traded for in 2012.
Construction Launches at New Jersey Mixed-Use Project
Prism Capital Partners is transforming a former car dealership into a 232-unit residential property.
Chance Partners Completes 228-Unit Jacksonville Community
RiverVue features a redeveloped multifamily tower and newly constructed townhomes, apartments and carriage homes.
Upstate New York Community Scores Financing
The Amedore Group and Sunrise Capital Partners own the recently completed Van Allen Apartments in Rensselaer.
WAK Management Sells Fort Worth Asset
A private investment group acquired the 62-building asset, with plans to embark on a multimillion-dollar overhaul.
Columbus Multifamily Report – Fall 2019
Multifamily rents in the metro have moderated in recent quarters, after several years of above-trend growth and solid absorption.