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Cortland Completes $1.2B Multifamily REIT Acquisition
The all-cash deal includes upward of 7,000 units in the Texas Triangle and Phoenix.
The October Digital Issue of MHN Is Now Available!
Now you can get trend and strategy insights two different ways: Leaf through the Multi-Housing News digital digest for a quick read, or click on individual articles for an in-depth look at each of the topics that most interest you.
MG Properties Buys Arizona Community for $110M
Everest Holdings sold the 512-unit property in the Chandler submarket, which leads the Phoenix metro area in multifamily absorption.
Orlando Multifamily Report – Summer 2019
Boosted by gains in well-paying employment sectors and the evergreen appeal of the area’s touristic attractions, Central Florida’s rental market remains a safe bet.
JLL Negotiates $141M Sale of DC-Area Property
Fairfield Residential purchased Atley on the Greenway, a 496-unit apartment community in Ashburn, Va.
Six Peak Capital Kicks Off $1B Co-Living Fundraise
The asset manager, which invests in communal living projects with Common, tapped Cushman & Wakefield to secure the debt and equity financing.
Manhattan Landmark Gets $386M Refi
Hunton Andrews Kurth LLP advised the owners of 70 Pine St. on the mortgage provided by Goldman Sachs.
Barings Sells Portland Community for $116M
Griffis Residential acquired the 294-unit, LEED Gold-certified property in the city’s South Waterfront neighborhood.
CA Ventures Moves into European Student Housing
The U.S. firm plans to invest $625 million per year in the UK and Ireland by 2021, while branching out into the Netherlands, Spain, Portugal and Italy.
Jacksonville Multifamily Report – Summer 2019
The metro’s rental market is on a roll, sustained by steady employment gains and ongoing net in-migration.