News

Photo courtesy of Yardi Matrix

On the Market: 5 Interesting Listings for the Week of 8/27

This week’s listings include a transit-oriented project in North Hollywood, a newly constructed luxury community in Des Moines and more.

Development Powers Through in Dallas

In the first half of 2018, roughly 11,500 multifamily units came online in the metro, which boasts the largest pipeline in the U.S.

CBRE Brokers $35M Colorado Springs Sale

Dan Woodward, David Potarf, Matthew Barnett and Jake Young represented seller Griffis/Blessing in the transaction involving a 220-unit garden-style community.

Hunt Capital Partners Provides $23M for TX Redevelopment

Blue Flame Apartments in El Paso will include 120 affordable units and 39,672 square feet of commercial space when completed.

JV Acquires 208-Unit TX Community

JLL Capital Markets arranged the acquisition financing on behalf of Internacional and Dome Equities, which purchased Sunrise Canyon Apartment Homes in Universal City.

AZ Asset Changes Hands for $23M

Sheiner Group has acquired Wilshire Pines, a 173-unit property in Tempe. The 1979-built community includes two pools, barbecue areas and covered parking.

Which Concessions Give the Biggest Bang for the Buck?

Now is the time to plan for the seasonal slowdown in multifamily leasing. Find out how to attract new residents and keep current renters happy.

Job, Population Growth Bolsters Demand in Houston

After a prolonged dry spell, multifamily rent growth is once again outpacing the U.S. average, reaching 3.9 percent for the 12 months ending in June.

Buyer Inspections and Selling a Property ‘As Is’

A senior associate from Marcus & Millichap discusses three steps that savvy owners of small- and mid-sized apartment buildings can take to avoid buyers requesting concessions or the deals falling out of escrow.

Student Quarters Makes First Housing Purchase in OK

Millennium Student Apartments near the University of Oklahoma houses 698 residents in 196 apartments and includes a pool, athletic fields and transportation to campus.