News

Matrix Monthly: November Moderation No Cause for Concern

While rents are moderating and uncertainty prevails in all industries post-election, Yardi Matrix asserts that commercial real estate will remain strong.

Candlewood North, 9830 Reseda Blvd.

Waterton Expands LA Portfolio

Candlewood North marks Waterton’s fifth multifamily acquisition in 2016 and its seventh in the Los Angeles area.

Affordable Loft Condos Coming to Downtown Phoenix

The new 65-unit deluxe community will be located at 901 W. Washington St., close to State Capitol and Valley Metro Light Rail.

Linda Vista, Dallas, Texas

Presidium Adds Two Communities to DFW Collection

Presidium plans to implement value-add upgrades to both assets, which include interior renovations as well as exterior and community area enhancements.

30 Park Place

30 Park Place Exceeds $110M in Sales

The high-end tower also celebrated the opening of the Four Seasons Hotel Downtown and Wolfgang Puck’s CUT restaurant.

Walker & Dunlop Lands $41M Loan for Senior Housing Near Disney World

The resort-style, senior living community will be located at the gates of Disney World in Celebration, Fla.

UDR Names New CFO

Joseph Fisher previously served Deutsche Asset & Wealth Management for almost a decade.

Vertical Bike Rack

The innovative DoubleUp bicycle storage design maximizes space and increases value for multifamily communities.

Cushman & Wakefield Arranges $41M Sale in Sin City

The company secured the sale of two apartment communities totaling 500 units.

Amarillo Terrace, Houston, Texas

Amarillo Terrace Opens at Eagle’s Trace

A retirement community in Houston’s Energy Corridor expanded its independent living units by 108.