News
Access Device Provides Key-Free Exits
Available in touchscreen or pushbutton models, the product from ASSA ABLOY offers greater building control for multifamily property owners.
Rastegar Property Co. Expands Portfolio in Texas’ Capital
The new owner plans to renovate and modernize the building’s exterior, as well as the interior of each condominium unit.
California Communities Trade for $17M
The two neighboring communities in Azusa, Calif., built in the 60s, total 72 units that will be upgraded by the new owner.
Oak Residential Trades 350-Unit Kansas City Community
Goldman Sachs provided the buyer with a $32 million acquisition loan for the Class B multifamily asset.
CBRE Brokers South San Diego County Sale
Allen Chitayat and Nate Pepper represented the buyer, a Viewpoint Equities Inc. subsidiary. Hollister Creek Village traded for nearly $11 million.
Historic Boston Community Lands $10M Loan
In a deal arranged by Hunt Real Estate Capital, the 47-unit Navy Yard Apartments received financing through Fannie Mae.
LEED Silver Affordable Housing Asset Puts on Rooftop Solar
The power capacity is estimated to reduce the cost of electricity by as much as 50 percent and will pay for itself in nine to 10 years.
CBRE Secures $34M Refi for Northern Georgia Luxury Community
Completed in 2019, the 266-unit multifamily property is close to of the University of North Georgia’s Gainesville campus.
Q&A: NYC Investment Post Rent Reform
Robert Morgenstern, founder of Morgenstern Capital, explains why the next growth story in the Big Apple’s multifamily landscape is about the right submarkets and new verticals.
Campus Advantage to Manage San Diego Student Housing
The 246-bed community is located on the south edge of San Diego State University’s campus.