Cities
Matrix Multifamily Miami Report – Winter 2019
The metro’s multifamily deliveries reached a cycle peak in 2018, boosted by population and employment gains, while investors mostly targeted Fort Lauderdale assets.
Seattle Tower Project Secures $185M
Square Mile Capital originated the loan for the 352-unit development on behalf of a joint venture between Laconia Development and Vanke Holdings USA.
Wood Partners Breaks Ground on Houston Property
Located in the Texas Medical Center, Alta Med Main will feature 338 units and access to amenities such as a Sky Lounge, a fitness center, and a dog park.
LIHC Preserves Affordability for Boston Community
More than 170 units at Concord Houses in the South End neighborhood will stay affordable for at least the next 40 years.
JV Secures $26M in Financing for CA Community
The new owners will upgrade apartment interiors, exteriors and communal areas at the 88-unit community located in Buena Park, Calif.
Matrix Multifamily San Francisco Report – Winter 2019
A lull in the metro’s multifamily construction activity has boosted rents 3.9 percent year-over-year through October to $2,662, nearly double the national figure.
Starlight Acquires Suburban Denver Property
In the last few months, the Toronto-based investor has added some $270 million of Class A multifamily properties in the U.S., most recently Broadstone Montane in the Denver suburb of Parker, Colo.
Bertram Partners Lands $72M Refi for CA Properties
The Freddie Mac loan—which was arranged by HFF—will be used to refinance the debt on three communities in Orange County.
JV Acquires 332-Unit Luxury Community in Northwest Austin
Barker Pacific Group and Pacific Real Estate Partners joined forces to acquire the 332-unit Muir Lake Apartments, marking the partnership’s fifth multifamily investment in Central Texas.
Industry Veteran to Co-Lead Carolinas Greysteel Office
Michael Hehir will join Ari Firoozabadi in managing the firm’s Southeast expansion. He will be based in Charlotte, where Greysteel launched its second practice this year.