News

Ridgestone Appartments

Marcus & Millichap Arranges Florida Multifamily Sale

The 136-unit community located in the Tampa metro area sold for $8.6 million.

Fairfax Commons

Greysteel Facilitates Sale of Los Angeles Community

The asset changed hands for $1.5 million.

RealtyShares Raises $2M for Columbus Community

This is the second crowdfunded project in Arch City in recent months.

Marcus & Millichap Arranges Sale of Lauderhill Apartments

The 88-unit Viewmax Apartments sold for $7.5 million.

555 Apartments

Interstate Equities Buys Silicon Valley Asset for $46M

The institutional fund manager plans to re-brand and upgrade the value-add community in Milpitas, Calif.

Howard Hughes Lands $43M Loan for Upscale Houston Property

JLL Capital Markets arranged the financing for Millennium Six Pines, a Class A+ property in The Woodlands master-planned community north of Houston.

Related Wins $74M Loan for Miami-Area Project

Manor at CityPlace is the first of three multifamily communities the Related Group of Florida is planning at a 48-acre site in the Airport West submarket.

The Imperial Building, Albuquerque

Duke City Welcomes $19M Affordable Community

The Imperial Building is downtown Albuquerque’s first major mixed-use development since the recession.

Renaissance Square

Legacy, SyRES Plan East Bay Double Play

The joint venture will add 180 units to a luxury community in Concord, Calif.

Economy Watch: Despite Weak GDP, Few Worries from the Fed

While second-quarter GDP growth was relatively small, the Federal Reserve doesn’t seem discouraged from considering an interest rate increase.