News
Peak Campus Appoints New Regional VP
The company has chosen Tami Finan as the newest member of its operations team, where she will oversee a portfolio of more than 25 student housing assets.
JV Acquires $41M CO Community
The 280-unit Lamplight Square at the Park is located in Colorado Springs. Griffis/Blessing plans to upgrade unit interiors, as well as the outdoor/indoor pool and the fitness area.
Bellwether Secures $67M for 2 Properties
Brookson Resident Flats is a 296-unit community in Huntersville, N.C., and Summer Chase Apartments includes 168 apartments in North Myrtle Beach, S.C.
Jamestown Nabs $145M for Manhattan Apartments
Capital One provided the loan for 88 Leonard St., a 21-story, 352-unit luxury building located in Manhattan’s Tribeca neighborhood.
South Salt Lake City Property Trades for $67M
On behalf of a private investor, Marcus & Millichap arranged the sale of Lionsgate, a 15-building multifamily property in Murray, Utah. The 400-unit asset is located within minutes of Interstate 15.
Arrimus Snags FL Student Housing
The company made its second purchase from Parkland Development Corp. this year with the Forum at Tallahassee, a 264-unit community serving Florida State University students.
Jersey City Apartments Open
Fisher Development Associates has opened Vantage, a 448-unit apartment development in Jersey City, N.J.
Employment Gains Spur Growth in Philadelphia
An evolving wage structure, influx of young professionals and boom in hospitality and development are helping the city’s multifamily market keep its head above water.
JLL Leads TX Community Transaction
Canopy Apartments now owns Barcelona Apartments, a 64-unit property located in Kingsville, Texas, and a former asset of Coastal Barcelona. The new manager is 3CM Multifamily.
South Dallas Community Snags $10.5M Refi
Justin Laub of Metropolitan Capital Advisors secured a 12-year term Fannie Mae loan for La Hacienda Apartments. The 16-building asset offers convenient access to and from interstates 20 and 35.