News
Georgia Portfolio Changes Hands for $203M
Carter Multifamily and RSE Capital Partners have acquired the 11 properties totaling 1,966 units. The Class B and Class C communities are located in the Savannah area, Augusta, Canton and Macon.
Welltower Goes Big in Senior Housing Deals
The healthcare real estate firm just secured two new partnerships, announced several new acquisitions in excess of $800 million and a recapitalization of a senior housing portfolio.
Podcast: The Impact of Trade Policy
CBRE Global Chief Economist Richard Barkham and Yardi Matrix Vice President Jeff Adler explore whether investors have shifted their focus and discuss how U.S. trade policy is affecting the global economy.
Presidium Group Sells 360-Unit San Antonio Community
Wells Fargo provided the new owner with a $25.6 million Freddie Mac loan set to mature in 2029. As of June, Axio Apartments was 91.1 percent occupied.
Millennial Money Goes Furthest in These Cities
St. Louis and Austin come out on top for relative spending power, according to a new study by JLL that looks at incomes for young workers across nearly 50 cities.
Landmark Properties to Invest $1B in Student Housing Developments
The company announced plans to build seven new communities totaling more than 4,450 beds across the country. Four of the properties have already broken ground.
TruAmerica Pays $77M for Phoenix Apartments
The multifamily investment firm increased its Arizona presence with the purchase of a 520-unit apartment community that it plans to renovate.
Taurus Investment Holdings Buys Midtown Atlanta Property
251 North Apartments sold for $36.5 million and is within a short walk of Ponce City Market. This purchase brings the firm’s portfolio to a total of 2,930 units.
SWBC Acquires Value-Add Asset in West Austin
SWBC plans to further upgrade the rental units and bring the garden-style community up to current standards for high-end assets.
Related Group’s Jon Paul Perez Talks New Projects, Markets
Related Group’s Vice President discusses recent and upcoming projects, as well as the company’s strategy to address Miami’s demand for smaller units and the metro’s affordable housing shortage.