News
Bluerock Purchases Luxury Phoenix Community
The 254-unit upscale property last traded in 2017 for more than $40 million.
Miami Community Changes Hands
CBRE arranged the sale of Shorecrest Club Apartments, located at the entrance of the metro’s Upper East Side and MiMo Districts.
Doug Bibby to Step Down as NMHC President in 2021
The executive has helmed the apartment industry association for nearly 20 years.
CBRE Arranges $46M Sale in Denver
The team of Dan Woodward, David Potarf, and Matt Barnett negotiated the deal on behalf of the seller.
Multifamily Cross-Border Investment Still Going Strong
Global investors from the Middle East and Canada are seeking stability in U.S. apartment assets.
Herman & Kittle Expands Indiana Presence
The company has opened two new communities: Ashford Park in Columbus, Ind., and The Vue in Indianapolis.
Harbor Group Acquires Arizona Community for $66M
The new owner will invest $418,000 for improvements to the common areas and installing Nest thermostats at the Scottsdale property.
Transwestern, S2 Capital Sell DFW Community
The owners renovated and repositioned The Morgan, located in the suburb of Bedford, Texas, before its disposition.
Top 5 Markets for Multifamily Transactions in 2019
The metros on this list accounted for about a third of the nation’s total sales volume.
Central California Skilled Nursing Facility Receives HUD Refi
Cambridge Realty Capital provided the fully amortized, FHA-insured mortgage, which is set to mature in 35 years.