Finance & Investment
JV Lands $460M Financing for Brooklyn Tower
The venture secured a construction loan for an 858-unit community that is the largest property in the sprawling Pacific Park development.
JV Acquires Nashville Community for $81M
Alliance Residential sold the 238-unit Broadstone Gulch.
Blue Roc Expands Tampa Footprint
The company paid $37 million for a 356-unit property located within 10 miles of the city’s downtown.
Top Multifamily Markets in 2020: Small Metros, Suburbs
In the second article of our 2020 outlook series, Presidium’s John Griggs weighs in on the main trends and challenges expected to shape the multifamily sector over the next 12 months.
Kennedy Wilson Buys 5-State Portfolio
The company paid $342 million for 1,457 multifamily units in five properties located in Washington, Oregon, Colorado, Nevada and New Mexico.
Phoenix-Area Property Sells for $76M
Institutional Property Advisors represented the seller and procured the buyer in the transaction.
Student Housing Predictions: More Institutional, Foreign Investors
In the first article of our 2020 outlook series, NKF Vice Chairman Ryan Lang offers his insights on the globalization of the student housing market and his expectations for the sector.
Black Creek Group Shells Out $117M in Atlanta
The Class A property built in 2018 marks the company’s third multifamily acquisition this year.
TerraCap Sells Atlanta-Area Community for $16M
The Arbors previously changed hands in 2017, as part of a $116 million portfolio transaction.
Starwood REIT Snaps Up New Phoenix-Area Community
This is the second Scottsdale multifamily asset to trade for more than $90 million this week.