Cities

Raintree Partners Acquires San Diego-Area Property

The 333-unit property is located within the University Town Center neighborhood in La Jolla, Calif. HFF arranged the sale and financing in the deal.

Carlyle Group JV Buys Vegas Apartments for $87M

The 456-unit Class A property last changed hands in late 2010, when Fairfield Residential sold it for nearly $47 million.

Luxury Rental Community Opens in Fort Lauderdale

Morgan and institutional investors advised by J.P. Morgan Asset Management opened the 350-unit Pearl Flagler Village, located in one of the city’s most popular neighborhoods.

Las Vegas Matrix MF Reports Image by Mirnet iStockphoto.com

Las Vegas Multifamily Report – Winter 2019

Multifamily investment sales in 2018 crossed the $2 billion mark for the third year in a row, while the average rent hit a new peak for the current cycle.

Strand Co. Sells Atlanta Apartments for $31M

PGIM Real Estate Finance originated a Fannie Mae acquisition mortgage of almost $22 million for the buyer of the partially affordable 294-unit community.

Hilltop Residential JV Buys 399-Unit Asset in DFW

The Class A Watervue last changed hands in 2012, as part of a portfolio deal. The new owners plan to invest in interior improvements.

Capital Square 1031 Acquires VA Property for $70M

Walker & Dunlop Inc. arranged $45.3 million in financing for the purchase of Bellemeade Farms, a 316-unit community in Leesburg.

Top 10 Apartment Owners in Denver

The metro continues to record accelerated economic growth, reflected by rising apartment rates, strong housing demand and an enduring boom in construction activity.

Mixed-Income Chicago Development Breaks Ground

The 164-unit project is a collaboration between public and private entities. The property is located 4.5 miles south of downtown.

LMC Tops Out NJ Mixed-Use Development

The Lively—the company’s first development in the Northeast—features 180 luxury units, as well as a large-scale theater and supporting spaces dedicated to the arts.