News

Blackstone Pays $303M for Seattle Apartments

The global investor’s 432-unit purchase marks the metro’s largest multifamily deal this year.

Washington DC: Image by Hover Solutions LLC/iStockphoto.com

Washington, DC, Multifamily Report – Summer 2021

Rents across the metro are now growing at an accelerated pace.

Trammell Crow JV Sells Luxury DC-Area Asset

Located within walking distance of a metro stop, the Arlington property came online this year.

Rise48 Equity Expands Phoenix Footprint

The company paid nearly $74 million for two multifamily properties located between 6 and 8 miles from the city’s downtown.

Phoenix Affordable Project Lands $29M Freddie Mac Loan

Trinity Housing Development and nonprofit Housing for Hope Arizona Inc. will use the financing to build a 297-unit community.

Gantry Arranges $120M Financing for 9 Self Storage Assets

Working on behalf of three borrowers, the company secured the loans for assets located in California, Oregon, Washington and Arizona.

Origin Closes First Opportunity Zone Fund at $265M

The capital will finance as many as 10 residential projects across the U.S.

Charleston Project Lands Equity, Construction Financing

A partnership between Piedmont Private Equity and Ecstatic Properties is developing the 240-unit garden-style community.

Taurus Investment Closes $113M Orlando Acquisition

The company bought two assets in separate transactions and secured financing through CIBC Bank USA.

$75M Affordable Community Opens in Brooklyn

Located in the Brownsville neighborhood, the development is part of the state’s $20 billion housing initiative.