News

Berkadia Closes Leasehold Sale of OC Community

Bridge Investment Group sold Coronado Palms, a 168-unit garden-style community in Anaheim, Calif., to Canyon Multifamily Impact Fund.

125 Greenwich Hits the Market

Rafael Viñoly and March & White are delivering the design plans for Bizzi & Partners Development’s upcoming 88-story luxury condominium skyscraper in Manhattan.

Madison Adds Director of Investments

Kyle Torpey brings extensive experience in the real estate investment sector. In his new role, he will be responsible for company transactions in both the U.S. and global markets.

Campus Advantage Adds New VP

Lindsay Brown has more than 14 years of marketing and leasing experience in the student housing industry. Previously, she worked at Asset Campus Housing for nine years.

American Campus Nabs $561M Student Housing Portfolio

The seven-property portfolio includes two existing communities, two communities slated to open this fall and three projects scheduled for delivery in Fall 2018.

Transwestern’s Houston Group Completes Sale of Pindo Pointe

Winslow Asset Management purchased the 164-unit community, which is located in Beaumonth, Texas.

Raleigh: Solid Fundamentals Round Triangle’s Edges

Population gains and steady rent growth are luring multifamily investors and developers to the Research Triangle. Demand is outstripping supply, but with more than 5,000 units scheduled for completion by year-end, that trend is likely to moderate.

San Jose Mixed-Use Tower Changes Hands

HFF worked on behalf of the seller, Capri Capital Partners, to market 360 Residences, a high-rise with 213 units and ground-floor retail space.

CA Property Sold for $74M

The 163-unit mixed-use asset in Monrovia marks Sequoia Equities’ second California purchase this month. The company plans to update the community’s offerings by investing $1.4 million in an interior renovation.

Sunrise Management Recruits New VP

A 15-year industry veteran, Danielle Munoz will focus on property management for the company’s Southern California portfolio.