News

Republic Properties Acquires $78M VA Asset

CBRE arranged the sale of Crystal Woods of Alexandria, a value-add community that offers a fitness center, 25 laundry facilities and 450 parking spaces.

Demand Keeps Up With Supply in Phoenix

Healthy employment and demographic trends are boosting multifamily demand in the Valley of the Sun, where rent growth is expected to reach 5.0 percent this year.

ZOM Living Starts Construction on Dallas Luxury Community

Upon completion in 2020, ATELIER will include 364 luxury units, 41,000 square feet of amenity and retail space, and a 10-story parking garage.

IPA Brokers 2,000-Unit TX Portfolio Deal

The Marcus & Millichap division represented the seller, a Canadian investor, and also procured the buyer. The portfolio traded for the first time in 28 years.

American Landmark Snags Dallas-Fort Worth Asset

A team from Berkadia’s South Florida and Philadelphia offices arranged $32.9 million in financing to purchase Advenir at Mansfield. The new owner intends to renovate the 334-unit property.

CA Property Sells for $16M

Avison Young has arranged the sale of the 28-unit property located in Culver City, approximately 10 miles from downtown Los Angeles.

Fredericksburg Place, San Antonio

IPA Brokers Sale of San Antonio Value-Add Community

JBT Investments purchased Fredericksburg Place with the help of a loan from Deutsche Bank. The asset was more than 90 percent leased at the time of sale.

MHN Poll art

MHN Poll: Q1 Expectations

MHN has a new poll! We want to know how your predictions compare to this year’s actual performance.

Dalcor Holdings Secures $52M for Houston Affordable Housing

The company’s plan to acquire and restore the 805-unit Vista on Gessner is significant to the area because Hurricane Harvey caused damage to the housing stock.

Rendering of The Cameron

StreetLights Residential Breaks Ground in AZ

The company assumed a $47.9 million loan to develop The Cameron, a 349-unit luxury community in Tempe.