Finance & Investment
On the Market: 5 Interesting Listings for the Week of 3/13
This week’s listings include a vintage asset constructed in 1930 and a luxury student housing property in Seattle.
Metro Phoenix Community Trades for $20M
The 320-unit community in Mesa was 93 percent leased when it was acquired by INCO Real Estate Co.
PRG Lands Second KC Multifamily Community
The Reserve at Barry Apartments is a 690-unit property located within close proximity to major employers in the area.
JV Procures KS Luxury Community
Fogelman Properties and DRA Advisors acquired Sandstone Creek Apartments in Overland Park for $48.1 million.
Affordable Housing Community in Philly Changes Hands
HFF worked on behalf of PV Associates to market and sell the 41-unit property.
Summit Management Wins $86M CO Community
The company acquired Stonegate, a 350-unit, garden-style property.
CBRE Sells, Meridian Finances 2 Gateway City Properties
Strategic Properties of North America picked up 181 units at Old Post Office Plaza.
Continental Partners Secures Financing for SF Conversion
The sponsor plans to convert a a 7,500 square-foot value-add office building into multifamily micro-units.
NABE Special Report: Regulatory Enforcement
What are the implications of the Trump administration’s goals to reduce economic regulations?
Multifamily Completions to Peak in 2017
Is the growth in residential development, coupled with decreasing construction costs, a sign that the industry is reaching the top of the current cycle?