Finance & Investment

Kilroy Sells 2 Hollywood High-Rises for $202M

This is the largest multifamily sale in Southern California so far this year.

Outside shot of Van Meter Hall of Western Kentucky University at 1906 College Heights Blvd. in Bowling Green, Ky.

Gilbane Gets Green Light for $350M Kentucky Project

Groundbreaking for the multi-phase redevelopment is expected to begin this fall.

Outside shot of the “Three Sisters”, a trophy portfolio of three vintage multifamily properties totaling 110 units in the Pacific Heights neighborhood of San Francisco.

Ballast Buys Vintage Apartment Trio in San Francisco

The previous owner sold the portfolio for $48.5 million.

A photo of Federal Reserve Chair Jerome Powell speaking at the April 29th press conference

Fed Holds Interest Rates Steady at Powell’s Last Meeting as Fed Chair

How the central bank moves forward under a new chair is unclear.

Exterior shot depicting Parkside Residences, a multifamily tower in downtown Houston.

Exclusive: Daiwa, Trammell Crow Close Downtown Houston Deal

The companies regularly team up for construction projects.

Exterior shot depicting one of the multifamily buildings within Arrowhead Summit, a multifamily property in Glendale, Ariz., sold by Blackstone to NALS Apartment Homes.

Blackstone Sells Phoenix-Area Asset at a Discount

The asset still commanded a price north of $100 million.

a photo of Optima Verdana, a 100-unit, luxury rental community in Wilmette, Ill., completed in 2023 by Optima, Inc. Walker & Dunlop arranged a nearly $60 million construction take-out financing for the property provided by Freddie Mac.

Optima Closes $60M Financing for Chicago-Area Luxury Community

The property is located in one of the most supply-constrained submarkets in the Chicago metro.

Exterior shot of Weston Point, a 350-unit community in Kansas City, Mo.

Exclusive: RPM, Sentinel Trade 350 Units in Kansas City

This is the second time the asset has changed hands since its completion.

Lew Sichelman

Lawmakers Join Opposition to SFR Provision

House members are pushing back against restrictions on which investors can acquire these units.