News

Madison Watergrass. Image courtesy of Madison Capital Group

Madison Capital Breaks Ground in Tampa Suburb

The community will be situated in the Wesley Chapel suburb.

Pleasant Creek

Pearlmark Sells Dallas-Area Asset

Marcus & Millichap represented the seller and procured the buyer.

Presidio

37th Parallel Sells North Dallas Asset

UBS Bank provided a $28 million acquisition loan for the deal.

Las Vegas Multifamily Report – August 2022

The pandemic slammed Las Vegas’ ascent, and after a swift economic surge in 2021, the performance of the local economy tempered to a steady recovery. This was mirrored by the multifamily market, with rent expansion moderating after a strong run, up 0.6 percent on a trailing three-month basis through June, to $1,525, trailing the 1.1 percent U.S. rate. The metro recorded a slowdown during the first half of 2022, with occupancy marking the largest decrease among major U.S. metros, down 1.4 percent in the 12 months ending in May, to 95.1 percent. READ THE FULL YARDI MATRIX REPORT Las Vegas…

RangeWater Breaks Ground on San Antonio Townhome Project

Caliza at the Loop marks the company’s first ground-up development in the market.

Casoro Group Sells Houston Asset

The Quinn South at Westchase recently underwent several value-add improvements.

Think Multifamily Buys South Carolina Asset

The asset previously traded five years ago for $12.1 million.

Gilbane Development Completes 978-Bed Student Property

The fully furbished community serves the University of Maryland.

511 Meeting St.

Northland Buys Charleston Luxury Development

Completed in 2020, the mixed-use property includes retail space and provides access to major transit hubs.

Capital Square Acquires North Carolina Portfolio

The two properties are located in high-growth areas near major employers.