Cities

FSC Realty Buys Seattle-Area Community for $58M

The real estate investment firm picked up the 230-unit multifamily asset from Goodman Real Estate. Berkadia arranged the sale of the property, located in the Seattle suburb of Lynnwood.

JV Opens Miami Luxury Community

The transit-oriented property, located next to the Dadeland North Metrorail station, has received a temporary certificate of occupancy. A ribbon-cutting event will take place on April 11th.

Cushman & Wakefield Arranges $63M Sale of FL Community

The firm represented a joint venture between Providence Real Estate and Aegon Real Assets US in its acquisition of The Park at Via Rosa in Brandon.

Could Opportunity Zones Impact Residential Condo Developments?

One Nashville real estate investor and developer said the unintended consequence of Opportunity Zones in the rapidly growing city could mean a further constraint on the condo market, particularly in the downtown core.

Upscale Boston-Area Community Breaks Ground

Developed by The NRP Group with construction financing from Capital One Financial Corp., the 145-unit property is situated directly across from Revere Beach on the Atlantic Ocean in the city of Revere.

Walker & Dunlop Arranges $16M Loan for Affordable CA Asset

Bridge Housing is building a 68-unit property in San Mateo, dubbed Bay Meadows Apartments, that is scheduled for completion in June 2020.

Continental Realty Buys Vegas Community

The buyer financed the purchase of the 63-unit Class A asset with a $9 million Freddie Mac acquisition loan originated by HFF.

Holland Partner Group Wraps Up 2 LA Towers

Designed by MVE + Partners, the pair of multifamily high-rises encompasses 575 luxury residential units, part of the downtown area’s boom in housing supply.

372-Unit Dallas Community Commands $53M

The sale marked the fourth acquisition for BSR Real Estate Investment Trust in under a year, bringing the entity’s portfolio to a total of 51 multifamily assets.

Standing Out in Orange County

Western National Property Management’s Scott Wickman shares his insights on the role of Instagram, tech and communication in a successful property management strategy.