Finance & Investment
Mixed-Income Communities Rise to the Occasion
A worsening housing shortage and high inflation are driving the demand for these communities.
LA Apartments Pays $54M for San Fernando Valley Asset
Pacific Urban Investors sold the asset after five years of ownership.
FDIC Selects Newmark to Sell $60 Billion in Signature Bank Loans
The process will involve the bank’s entire real estate holdings, including $15 billion in multifamily.
KeyCity Capital Acquires Dallas Community
The buyer also assumed the outstanding balance of a Fannie Mae loan.
Richmond Self Storage Changes Hands
Public Storage paid $4.5 million for the 331-unit property.
Extra Space Buys Dallas Storage Asset
JLL Capital Markets brokered the sale of the 741-unit property.
Bonaventure Private REIT Acquires 3 Properties
The deal includes the company’s first Florida asset.
Olympus Property Acquires North Carolina Community
The property previously traded in 2021 for $28 million.
CIM Group Plans Mixed-Use Project on Former LA Church Site
The new 168-unit community will include 40,000 square feet of ground-floor retail.
StorageMart Acquires Indianapolis-Area Facility
The new owner plans to implement extensive upgrades at the property.