News

Portland-Area Apartments Trade for $29M

Pathfinder Partners added to its multifamily value-add platform with the acquisition of a 132-unit community.

Work Starts on $100M Tampa Luxury Project

Index Investment Group has teamed up with local developer Richard Coley to bring a 444-unit apartment community to the Gulf Coast.

Austin Multifamily Report – Spring 2019

Rents increased by 4.5 percent year-over-year through February, despite robust deliveries throughout 2018, when nearly 11,000 units came online.

Affordable Nashville Community Trades for $9M

Hallmark Co. purchased the 112-unit multifamily asset in the metro’s Fairview submarket using more than $7 million in Fannie Mae financing from CBRE.

MLA Properties Buys Charlotte-Area Apartments

The company’s first investment in the metro includes 260 recently completed Class A units situated 15 miles southwest of the city center.

Middleburg Closes Workforce Housing Fund With Atlanta Portfolio Acquisition

The Virginia-based firm plans to invest a total of $91 million in the purchase and renovation of the three properties with nearly 1,000 units.

$118M Affordable Senior Housing Project Opens in NYC

The Tres Puentes Senior Apartments community will provide 175 homes for seniors and individuals with special needs in the Bronx.

San Francisco Multifamily Report – Spring 2019

Rebounding rent growth boosted investor appetite in the metro, with $2.2 billion in multifamily assets trading in 2018.

Estate Investments Group Tops Off 2 Miami Communities

The properties total 517 units, broke ground last year and are slated for completion in November 2019 and January 2020, respectively.

Park Terrace Apartments. Image courtesy of Yardi Matrix

LA Community Changes Hands for $24M

Lion Real Estate Group purchased the 100-unit asset in 2015 for $15.5 million and sold it after renovating more than half of the property.