News

FCP Adds to Florida Portfolio With $29M Buy

The real estate investment company bought the 396-unit community in Jacksonville in an off-market transaction.

CAPREIT Grows Ontario Portfolio With $69M Buy

The Canadian REIT funded the transaction with its Acquisition and Operating credit facility.

Top 5 Markets for Multifamily Rent Growth

The country’s best-performing markets ranked by year-over-year rent increases through July 2019.

Up-and-Coming Cities for New Apartments in 2019

Despite concerns about an economic slowdown, multifamily development shows no sign of decelerating. MHN identifies five leading secondary and tertiary metros to watch in 2019.

Berkadia Facilitates $22M Sale of Metro Atlanta Community

A brokerage team assisted The Walden Group in the disposition of the 164-unit garden-style property in Duluth, Ga.

Blackard Global Sells Dallas Luxury Community

Draper and Kramer has acquired the 211-unit rental property located in the suburb of McKinney.

In Case You Missed It: MHN’s Top 5 Posts in August

Miss any of our articles? Catch up with five of our most popular posts for the month.

Los Angeles Matrix Report Photo by choness iStockphoto.com

Los Angeles Multifamily Report – Summer 2019

Supply has yet to catch up with demand in the Los Angeles multifamily market, boosted by a combination of household formation, employment gains and high barriers to homeownership.

Affordable Atlanta-Area Communities Sell for $70M

Fairfield Residential purchased the 604-unit portfolio in Doraville and Kennesaw, Ga.

Phoenix Community Changes Hands for $56M

An affiliate of the ConAm Group bought the 297-unit property neighboring the Phoenix Sky Harbor International Airport.