News
Richmond Multifamily Report – Fall 2019
Despite overbuilding fears across key submarkets over the past few years, the city kept its cool going into 2019’s last quarter, with long-term fundamentals still solid.
Hunt Real Estate Arranges Refi for West Oregon Community
The loan amount is almost double the existing debt from Fannie Mae, which the owner took out 10 years ago.
Smart Lock Brings Advanced Tech to the Door
Lockly Secure smart locks feature digital keypads and advanced 3D fingerprint sensors for more security and convenience.
MetLife JV Closes $1.8B Transaction
The partnership reduced the size of its venture in a multi-faceted deal.
Grand Peaks Acquires 220-Unit Southeast Denver Community
The property sold for $36 million, almost three times the price it traded for in 2012.
Construction Launches at New Jersey Mixed-Use Project
Prism Capital Partners is transforming a former car dealership into a 232-unit residential property.
Chance Partners Completes 228-Unit Jacksonville Community
RiverVue features a redeveloped multifamily tower and newly constructed townhomes, apartments and carriage homes.
Upstate New York Community Scores Financing
The Amedore Group and Sunrise Capital Partners own the recently completed Van Allen Apartments in Rensselaer.
WAK Management Sells Fort Worth Asset
A private investment group acquired the 62-building asset, with plans to embark on a multimillion-dollar overhaul.
Columbus Multifamily Report – Fall 2019
Multifamily rents in the metro have moderated in recent quarters, after several years of above-trend growth and solid absorption.