News
Passco Buys Suburban Phoenix Community for $80M
The nearly 400 units are located in one of the metro area’s most desirable submarkets.
Vesper Holdings Hires Industry Veteran as COO
Campus Life & Style gained new management with the arrival of Jim Sholders.
HFF Arranges $65M Financing in Austin
Toronto-based Starlight Investments acquired the two Class A, garden-style communities in west Austin.
Berkadia Expands in Philadelphia, Adds Managing Director
In his new role, Matt Stefanski will be responsible for expanding Berkadia’s investment sales platform in the Northeast.
Deluxe Bay Area Asset Commands $320M
Aimco spared no expense when building Indigo, a new 10-story luxury community in Redwood City, Calif.
Market Pulse for August 2016
Michael Neal, a senior economist with the National Association of Home Builders (NAHB), gives commentary and data on interest rates, sales prices and more.
Steadfast REIT Grows in Peachtree State
The non-traded multifamily REIT sponsored by the private investment company paid about $56 million for a freshly renovated garden-style community in Marietta, Ga.
CIM Starts Building Downtown L.A. Tower
The project will deliver 525 units in the city’s popular South Park district.
High-Rise Fetches High Price in Buckhead
Simpson Housing paid $137 million for the 370-unit property, part of an upscale mixed-use project developed by OliverMcMillan.
Product Spotlight: Exitronix Emergency Lighting
The new emergency lighting designs offer time- and cost-saving maintenance features.