News
S2 Residential Pays $46M for Phoenix Community
Bridge Investment Group provided acquisition financing for the Class B, 320-unit multifamily asset.
Brand Properties Sells Savannah Luxury Community for $48M
The developers built the 235-unit asset within a 300-year old oak grove roughly situated 2 miles from the city’s historic district.
Queens Property Lands $121M Loan
Treetop Development obtained the financing for 711 Seagirt, a 917-unit asset in the Far Rockaway neighborhood.
GID Development Begins Phase 2 of Houston Luxury Project
The developer is planning 600 apartments along with retail, restaurants and public spaces at Regent Square.
ConAm Group Acquires Las Vegas Apartments
South Valley Ranch is situated in a master-planned community within the submarket of Henderson.
Colorado Community Sells for $92M
Gelt Inc. originally bought Westhills Apartment Homes in Lakewood, Colo., for $66 million and invested $11 million in upgrades.
Queens Multifamily Report – Fall 2019
Unrestrained by this summer’s new statewide regulations, rents in the New York City borough rose sharply over the past two quarters.
Fully Affordable Central Coast Community Trades for $63M
CBRE’s Stewart Weston, Dean Zander, Jeff Kunitz and Tim Flint acted on behalf of the 236-unit property’s seller, Vaughn Bay Construction.
Berkadia Arranges $49M Orlando Community Sale
The company’s Cole Whitaker and Mary Beale worked on behalf of seller Aspen Square Management in the disposition of the 278-unit suburban asset.
New York’s Rent Reform Pushes Investors Toward South Florida
As investors pull away from markets with rent control laws, the Sunshine State seems to be one of the greatest beneficiaries. Brown Harris Stevens’ Phil Gutman explains why it’s hard to match the advantages Florida has to offer.