News
Axonic Properties Buys Houston Student Housing Asset
JLL brokered the sale of the 347-bed community.
Legacy Partners JV Lands $57M Refi
Cushman & Wakefield arranged the refinancing of Maris, a 306-unit luxury community in Seattle.
Kennedy Wilson Buys 1st Tranche of $5.7B Loan Portfolio
The investment firm paid $1.6 billion to Pacific Western Bank, with the acquisition of another large batch scheduled to close next month.
Navigating the Costs of Office-to-Multifamily Conversions
Panelists at Apartmentalize shed light on the debate around these projects and the challenges of repurposing older properties.
Carlyle, Property Markets Group Land $520M for Brooklyn Project
Due to come online in 2025, the property will overlook the Gowanus Canal.
The Preiss Co. Recapitalizes Greater Austin Student Housing Asset
Outpost San Marcos will undergo a $3.3 million renovation program.
Compass Self Storage Enters Houston
The Huntington National Bank financed the transaction with a $7 million acquisition loan.
Economists Blame Sales, Construction Pause on More Than Interest Rates
NMHC’s Walter, JLL Capital Markets’ Rice outline cost concerns slowing multifamily activity during NAREE conference. But Rice predicts a sales activity uptick in the second half of 2023.
Quarterra Opens South Carolina Community
The developer started construction on the 303-unit apartment community in April 2020, and topped off in September 2022.
Campus Realty Advisors Gains $36M in Acquisition Financing
The investor was assisted by the Chicago office of BWE in funding the acquisition of a student housing facility serving Indiana University’s Bloomington campus.