News
Continental Realty Buys Vegas Community
The buyer financed the purchase of the 63-unit Class A asset with a $9 million Freddie Mac acquisition loan originated by HFF.
Holland Partner Group Wraps Up 2 LA Towers
Designed by MVE + Partners, the pair of multifamily high-rises encompasses 575 luxury residential units, part of the downtown area’s boom in housing supply.
Report: Older Millennials Make Up Largest Share of Home Buyers
The group made up 26 percent of recent home buyers, followed closely by Gen Xers, according to a study released by the National Association of Realtors.
GMF, Argo Buy 588-Bed Student Housing Asset
The partners acquired Place at 117, a property situated nearby the flagship campus of the University of Illinois, with plans to further upgrade the accommodations.
372-Unit Dallas Community Commands $53M
The sale marked the fourth acquisition for BSR Real Estate Investment Trust in under a year, bringing the entity’s portfolio to a total of 51 multifamily assets.
Standing Out in Orange County
Western National Property Management’s Scott Wickman shares his insights on the role of Instagram, tech and communication in a successful property management strategy.
FCP Pays $23M for Atlanta Community
The acquisition marks the buyer’s seventh investment in the area. The new owner plans to rebrand the 164-unit Ashford Gardens.
Recently Completed Dallas Community Trades
California-based trust Porgest Properties acquired Digit 1919 in the Cedars neighborhood. The first residents moved into the 102-unit property in late 2017.
Alignvest Acquires Ontario Student Housing Portfolio
The student housing REIT acquired four properties totaling 446 units as part of its planned strategy to consolidate its presence in Canada.
Greystone Refinances MI Multifamily Asset
The $11.3 million Fannie Mae loan features a 10-year term and 30-year amortization period. The property is Ranches of Rosebrook in Ypsilanti.