News

JV Acquires Houston Rental Property

Excelsa Properties and GoldCor Capital Partners purchased the 392-unit community, Bayou Parc at Oak Forest, as part of a $86 million value-add strategy.

Denver Matrix Report Photo by RoschetzkyIstockPhoto iStockphoto.com

Denver Multifamily Report – Summer 2019

Demand remained strong in the first five months of 2019, bolstered by population growth and employment gains, especially in high-paying professional services.

The CPE-MHN Guide to Investing is now available!

Now you can get trend and strategy insights two different ways: Leaf through the CPE-MHN Guide to Investing for a quick read or click on individual articles for an in-depth look at the topics that most interest you.

Timberland Partners JV Open 243-Unit Community in Minneapolis

The development is part of the company’s Green Fourth project, which aims to reduce pollution. G4 includes 66 affordable units.

WinnCompanies Lands $11M Loan for Boston Redevelopments

The Clippership projects involve the demolition of four buildings and the construction of two new ones that are set to include 22 affordable apartments and 30 mixed-income condos.

Rastegar Property Acquires 2 Austin Communities

The company purchased Zilker Place Apartments and Redbud Bungalows, both of which are set to undergo capital improvements.

Chicago. Image by Pgiam/iStockphoto.com

Matrix Office, Multifamily, Self-Storage Reports

Data and analysis on how these commercial real estate property types are performing in major U.S. metros.

Pacific Oak Capital Funds $33M Portland-Area Project

The investment manager is backing a 172-unit community with 10,000 square feet of retail space in the city of Wood Village, Ore. Completion is expected in summer 2021.

JV Starts Work on Texas Student Housing Expansion

Balfour Beatty Campus Solutions, Wynne/Jackson and Star America are developing the $38 million project, which will add an additional 370 beds to serve the University of Texas at Dallas.

Freddie Mac: Multifamily Market Still Going Strong

Multifamily net operating incomes and property prices rose throughout most of the nation while mortgage rates dropped, according to a new report from Freddie Mac.