Cities
IPA Represents Wood Partners in $72M Phoenix Deal
The sale of the 273-unit Class A community, completed in 2018, is the developer’s second disposition in the metro this year.
Tides Equities Makes $25M Value-Add Move in Phoenix
The new owner plans to invest $5 million in capital improvements to the 240-unit Class C multifamily asset.
Boston Multifamily Report – Summer 2019
The metro’s rent growth is supported by high demand for upscale apartments in core submarkets.
Rockworth Pays $49M for Georgia Rental Asset
The 300-unit Mandalay Villas is situated in McDonough, Ga., less than 30 miles away from Atlanta.
Praedium Group Buys Orlando-Area Community
Pollack Shores Real Estate Group completed the 237-unit luxury community in Maitland, Fla., last year.
Waypoint Residential Scores $29M Refi
The financing will retire an existing construction loan for the 278-unit Estraya Westover Hills in San Antonio.
JPI Lands $80M Financing for LA-Area Project
With a combination of attractive amenities and competitive rents, the new community will target an unmet need in South Gate, Calif.
Starwood Sells Denver-Area Multifamily Property
IMT Capital financed the acquisition with a $108.2 million Freddie Mac loan originated by CBRE Capital Markets.
DMA Development Co. Announces New Mixed-Income Asset in Austin
Talavera Lofts will encompass 92 units, 90 of which will lease for rental rates affordable to households with incomes ranging below 30 to 60 percent of AMI.
Luxury Senior Community Breaks Ground in Raleigh
The $80 million, 205-unit luxury senior living facility is the developer’s third Optimal Living-branded community. The project is slated for completion in late summer 2021.