News

American Landmark Expands Houston Presence

The new owner will rebrand the 360-unit community and implement a capital improvement program.

Sunset Ridge Apartments. Image courtesy of Berkadia

Afton Properties Buys Los Angeles-Area Property for $132M

Berkadia secured $108.7 million in Freddie Mac financing for the acquisition in Lancaster, Calif.

$165M Secured for New Los Angeles Community

The newly built, 376-unit rental property was developed by Mill Creek Residential and was completed last month.

Investors Bullish on Senior Housing as Construction Slows

A new report by Marcus & Millichap finds that supply of the property type is coming into alignment with demand.

Pebb Capital JV Picks Up Providence Site

The investment firm teamed up with Orb Development to build a 131-unit community in an Opportunity Zone.

Airbnb Pledges $25M to Affordable Housing Efforts

The short-term home lodging website will invest in projects supporting, building and preserving affordable housing in California.

Phase 2 of Dallas-Area Development Breaks Ground

Arlington Commons will offer 358 units and is the largest redevelopment project in Arlington, Texas, history.

Lendlease Breaks Ground on 2 Chicago Communities

The company teamed up with Magellan Development Group to construct Cascade, a 503-unit rental tower, and Cirrus, a 363-unit luxury property.

Co-Living Brand QUARTERS Enters Austin Market

The co-living development, slated for completion in the spring of 2021, will rise five stories high with a total of 120 units.

Detroit Metro Report Photo by Pawel Gaul iStockphoto.com

Detroit Multifamily Report – Summer 2019

The leisure and hospitality sector leads gains, mainly due to an increasing number of visitors as well as new hotel projects coming online.