News
GSA Acquires 8,000-Bed US Student Housing Portfolio
The global giant picked up 27 properties from a joint venture of University Communities LLC and the California State Teachers Retirement Fund.
Varsity to Manage Toronto Student Housing
The firm was tapped to manage Campus Common, a 343-bed property adjacent to Ryerson University.
Kansas City Multifamily Report – Fall 2020
In line with other secondary markets, the metro strongly outperformed gateway cities in 2020.
Velocis Makes 2nd Multifamily Acquisition
The company acquired a 240-unit community in Austin, Texas from Stratus Properties.
Houston-Area Self Storage Property Changes Hands
The buyer received a seven-year, $7.9 million acquisition loan from Texas Bank.
MG Properties Pays $145M for Phoenix Community
The 576-unit apartment building last changed hands three years ago for $85 million.
Mesa West on Staying the Course: Q&A
Mesa West Capital Vice President Brian Hirsh on the multifamily industry’s enduring appeal for the nonbank financing set.
Pretium, Ares Close $2.5B Acquisition of Front Yard Residential
The deal makes Pretium the second-largest owner and operator of single-family rentals in the U.S. and is the SFR industry’s first public-to-private transaction.
Aegis Living, Blue Moon Acquire $350M in Senior Housing
The firms predict a resurgence in demand for assisted living and memory care facilities after the sharp occupancy declines of last year.
Wood Partners Breaks Ground on Newest Texas Property
Alta Austin Avenue in Georgetown, Texas, will feature 312 apartments once completed.