Finance & Investment

Lumina Apartments underwent cosmetic renovations from 2014 through 2022. Image courtesy of CBRE

Abacus Capital Buys Portland-Area Community for $97M

Grand Peaks Properties sold the 440-unit asset.

Sam Tenenbaum.

Higher Vacancy, Steady Demand for Multifamily

Cushman & Wakefield’s midyear report shows resilience as well as a mixed bag.

The pool and buildings at The View at TPC. Image courtesy of 4092 TPC, LLC.

Cortland Sells Luxury San Antonio Asset for $71M

An affiliate of Quarry Capital purchased the property.

image of Jasper Columbia Pike

AvalonBay, Penzance Make $105M Deal

This Class A asset comprises 269 units.

The vintage Arbors at Fair Lake provides a premier value-add opportunity. Image courtesy of JLL Capital Markets

GID Pays $86M for Value-Add Community

The vintage property previously changed hands for $68 million.

TJ Edward

Walker & Dunlop’s TJ Edwards on the GSEs and Other Sources of Multifamily Financing

Experienced investors are still finding ways to finance their deals, according to Edwards.

The StoreEase Capshaw Road was 22 percent leased after three months of being in operation. Image courtesy of The LeClaire-Schlosser Group of Marcus & Millichap

Midgard Self Storage Expands Alabama Portfolio

StoreEase Capshaw Road came online earlier this year.

Solo at North Bergen

Denholtz Properties Buys Luxury New Jersey Community

The property came online earlier this year.

The 681-unit property first came online in 1969. Image courtesy of Andover Properties

Andover Properties Adds Facility to Colorado Springs Portfolio

This transaction marks the company’s third acquisition in the market.

The 53-story tower will be completed in 2026. Pathside rendering. Image courtesy of JLL Capital Markets

Jersey City Luxury Tower Lands $193M

Pathside will feature 605 residential units and 3,200 square feet of retail space.