News
Virginia Beach Community Trades for $49M
Saltmeadow Beach, a 229-unit multifamily property built in 2006, was purchased by Capital Square 1031.
Watermark Residential Scores $179M Refi
The Freddie Mac conventional loans will refinance a portfolio of four multifamily communities in Arkansas, Colorado and Texas.
Oden Hughes Breaks Ground in Austin Opportunity Zone
The 279-unit multifamily development will include 28 units restricted to households earning less than 80 percent of the median family income.
San Francisco Multifamily Report – Summer 2019
The metro’s rents continue to inflate amid job growth, a housing shortage and rent control measures.
A High-Tech Tool For Treating Household Food Waste
Power Knot’s LFC biodigester machines convert everything from banana peels to meat into environmentally safe wastewater through a chemical-free process.
Miami Luxury Community Commands $90M
AvalonBay Communities purchased the 314-unit asset less than a year after another major acquisition on the Florida coast.
IPA Represents Wood Partners in $72M Phoenix Deal
The sale of the 273-unit Class A community, completed in 2018, is the developer’s second disposition in the metro this year.
Tides Equities Makes $25M Value-Add Move in Phoenix
The new owner plans to invest $5 million in capital improvements to the 240-unit Class C multifamily asset.
Boston Multifamily Report – Summer 2019
The metro’s rent growth is supported by high demand for upscale apartments in core submarkets.
Fort Myers Property Commands $65M
Channelside, a four-year-old Class A asset, changed ownership in a deal arranged by NKF.