News
International Multifamily Stakes Its Claim to Fame
European residential markets are steadily growing and drawing investors looking to diversify, according to panelists at Expo Real.
Santa Ana Asset Trades for $20M
Marcus & Millichap announced the sale of Sherry Lane Garden Homes. The 62-unit apartment traded for $19.8 million.
Marcus & Millichap Duo Sells 2 in Las Vegas
Las Palmas and The Rubix traded for $39.3 million. New plans include capital improvements and focus on military housing.
Sacramento’s Affordable Housing Crisis
Is the city aggressive enough in solving affordable housing problems? Mayor Darrell Steinberg doesn’t think so.
A Full-Building Access Solution
Latch is one of the few smart access systems on the market designed specifically for multifamily users. With a wide range of access options and a built-in security camera, it is tailored for ease of resident and management use alike.
Security Properties Acquires $43M Sacramento Community
The 16-building community feature one- and two-bedroom units averaging 817 square feet. Cushman & Wakefield worked on behalf of the seller and the buyer in the transaction.
JV Lands $57M Memphis Property
Coastal Ridge Real Estate and H. Katz Capital acquired 414-unit The Preserve at Forest Creek from Blackstone subsidiary LivCor.
Top 10 Portland Apartment Owners
Demand is on the rise in the city again, after three years of increased development. Rent growth continues to slow down and is now on par with the national average.
SG Blocks to Develop Largest Projects in Company History
The developer of container-based structures plans to build two low-income housing projects totaling 390,000 square feet in New York State. Both multistory buildings will be fully modular.
Praxis Buys Tampa Value-Add Apartments, Plans Upgrades
The 232-unit Villages at Turtle Creek was built in 1985 and includes 15 buildings. The company plans to invest $3 million on upgrades to the community.