News
Covenant Capital Pays $39M for Jacksonville Community
CBRE Capital Markets provided the buyer with a $31.4 million loan through Freddie Mac.
JAG Begins Construction on Luxury Waterfront Project in Orlando
In partnership with Mid-America Apartments, the company broke ground on Jefferson Sand Lake, located in the Dr. Phillips neighborhood.
Washington, D.C., Multifamily Report – Fall 2019
Multifamily rents in the metro have picked up since June 2019, after several years of below-trend growth caused a supply surplus.
IPA Expands Orlando Multifamily Sales Team
Three former CBRE executives joined the company as executive managing director, senior managing director and first vice president, respectively.
Morgan Properties Buys Pittsburgh Apartments for $29M
CBRE Capital Markets provided more than $20 million in acquisition financing through Freddie Mac.
Charleston Opportunity Zone Project Lands $128M in Financing
Woodfield Investments and Argosy Real Estate Partners received a $100.6 million senior loan for a 380-unit development. Phillips Realty Capital also structured equity investment funding for the project.
Cooper Street Capital Sells Albuquerque Community
The investor traded the 105-unit multifamily asset after less than 18 months of ownership. The property was almost fully occupied as of December.
CBRE: Multifamily Market Benefiting From Student Debt
A recent study found ongoing college debt levels are delaying home buying, resulting in young adults remaining in multifamily housing longer than previous generations.
Lion Real Estate Spends $49M in Suburban Nashville
The 350-unit value-add investment marks the company’s third multifamily buy in the metro in the past 12 months.
Colliers Closes Colorado Springs Value-Add Sale
Bill Morkes and Craig Stack represented the seller of the 200-unit community.