News
LA Senior Housing Breaks Ground
Related Cos. and Community Development Corp.’s The Curve @ West Angeles will have 70 units, including 29 for very-low-income residents.
The Tide Is Turning on Accepting Felons
Because of Fair Housing concerns of disparate impact, there have been real-time changes to company screening criteria. Is the industry becoming more comfortable with accepting these renters?
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.
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: Q1 Expectations
MHN has a new poll! We want to know how your predictions compare to this year’s actual performance.