Finance & Investment
AvalonBay Sells NY Community for $306M
Common areas and units are slated for a $9 million upgrade.
Multifamily Braces for Another Fed Rate Hike
Experts weigh in on what the latest rate hike means for the industry—and on the challenges ahead.
American Landmark Enters Arizona Market
Tempe Metro Apartments last traded in 2018 and will be rebranded by the new owner.
Summit Management Sells Denver Community for $79M
The buyer of the Littleton property benefited from a Freddie Mac loan.
Seattle-Area Senior Housing Lands $30M Refi
JLL secured the loan for the recently completed Federal Way facility.
Suburban Twin Cities Asset Trades for $74M
The 246-unit community came online last year.
Invesco Pays $44M for Brooklyn Self Storage
The property last traded in 2007 for a quarter of the current price.
Armada Hoffler Sells Maryland Property for $150M
This deal was part of the REIT’s recent $200 million disposition plan for noncore assets.
KB Investment Acquires Tempe Apartments
Mesa West Capital provided a $108 million loan for the purchase of Skywater at Town Lake.
Tucson Community Changes Hands for $59M
The property last traded in 2019 for $21.8 million.