News
PNC Bank Sells Chicago Affordable Housing for $30M
The new owner will begin renovating the 240-unit community opposite the planned Obama Presidential Center next year.
Chicago Multifamily Report – Summer 2021
As far as gateway markets go, the Windy City fared relatively well going into the second quarter.
Las Vegas Property Changes Hands for $41M
TruAmerica Multifamily sold the 170-unit community previously known as The Willows at Spring Valley Ranch.
Seattle-Area Apartments Command $170M
Su Development sold the newly delivered luxury asset in the metro’s largest multifamily deal since January.
New Frontier Buys Chicago-Area Senior Living Asset
The 120-unit affordable community known as Riverwalk commanded close to $9 million.
Tower 16 Sells Phoenix Community for $30M
The buyer will continue capital improvements at the 214-unit asset, following nearly $2 million invested under the previous owner.
S2 Capital Buys Suburban DFW Portfolio
The new owner plans to invest more than $20 million into capital improvements at the two properties.
Top 5 Multifamily Projects Under Construction in Atlanta
According to Yardi Matrix data, some 20,400 units across 89 properties are under development in the metro.
Multifamily Marketing’s New Hot Tool: TikTok
Are you on TikTok? Here’s how this exceptionally popular app can boost your online presence among younger generations of renters.
Selling MHCs to the People Who Call Them Home
Residents are likely to pay a premium to capture control of the properties that their units occupy.