Cities
L+M, Invesco Partner for $1.2B NYC Housing Deal
The duo agreed to buy more than 2,800 market-rate apartments in Manhattan from Urban American and Brookfield Asset Management and will restore the affordability of more than 1,800 units.
CDP Begins Work on Affordable Orange County Community
The Santa Ana, Calif., project is a collaboration with Architecture Design Collaborative. Bridging the Aqua will serve the needs of chronically homeless residents.
Luxury Senior Living Community Opens in Kansas City
Tiffany Springs has 172 independent living units available, with 89 memory care and assisted living apartments to open later in August.
Orlando-Area Apartments Change Hands
JLL Capital Markets represented the seller, Epoch Residential, in its disposition of Maitland Station, a 293-unit asset in Maitland, Fla.
Bell Partners Buys Boston-Area Community
Vinnin Square Apartment Homes in Salem will be renamed and managed by the firm, bringing its current operations in the Boston metro to seven properties.
Davlyn Investments Buys SoCal Apartments for $60M
The 187-unit luxury community is the buyer’s latest Inland Empire acquisition, following the $35 million purchase of 125 units in November.
Ensemble Investments Completes Long Beach Multifamily Project
The seven-story 442 Residences is part of a mixed-use campus that also includes an office building at 444 W. Ocean Blvd. and retail space.
GAIA-Led JV Sells 300-Unit Houston Asset
The company initially purchased Cashel Springs in 2015 as part of a 1,376-unit portfolio, for $88.4 million.
Podcast: Unpacking New York’s Rent Law Changes
Jonathan Woloshin of UBS discusses the significant impact these reforms could have on the multifamily investment business in New York and the rest of the country.
Senior Living Design Trends: Flexibility Comes First
Rockland Berg, the architect behind the Dallas-based firm called three, elaborates on the main design elements for modern, attractive senior housing communities.