Cities
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 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.
Inland Empire Multifamily Report – Winter 2019
Multifamily property sales totaled $1.4 billion in 2018 and are expected to spike this year, following the rejection of Proposition 10.
JPI Begins Work on 282-Unit Dallas Community
Jefferson Texas Plaza is the developer’s 10th community in the Irving-Las Colinas submarket. The property will be close to the University of Dallas and the Toyota Music Factory complex.