Cities
Wildhorn Capital Enters Austin Market
The locally-based multifamily investment firm completed its first transaction in the city by acquiring the 284-unit Reserve at Walnut Creek community.
On the Market: 5 Interesting Listings for the Week of 12/17
This week’s listings include a Fort Lauderdale-area property situated in an IRS-designated Opportunity Zone, a turn-key luxury investment in Richmond, Va., and more.
Phoenix Plays to Its Strengths
Positive demographic trends and one of the most active economies in the U.S. continue to support growth in the metro’s multifamily market.
Arbor Realty Trust Hires New EVP, CTO
Howard Leiner has stepped up as the company’s newest executive, after occupying various technology positions with Goldman Sachs and Deutsche Bank.
NKF Closes $76M Sale of Luxury MD Property
Built in 2016, The James is situated in Annapolis, one of the region’s most desirable rental markets.
390-Unit Community Underway in Dallas
Jefferson East Branch will be developed in two phases in the suburban Farmers Branch. The first phase is slated for delivery in 2020.
JV Breaks Ground on FL Mixed-Use Development
Located in downtown Palm Bay, Aqua Apartments will comprise 320 units scheduled for occupancy in September 2019. Amenities will include a yoga lawn, pet park and resort-style pool.
Charlotte’s Job Gains Sustain Rent Growth
Robust demographic expansion and steady employment growth continue to spur demand for multifamily product in the metro.
Waterton Buys San Francisco-Area Community
The seller, Kennedy Wilson, earned nearly $65 million for the 260-unit multifamily asset, more than double the acquisition price in 2006.
National Property REIT Trades Jacksonville Community
Laguna Point Properties acquired the 204-unit Class B multifamily asset for nearly $25 million, financed with a $17.4 million acquisition loan.