News
A Close-Up on America’s Migration Trends
The pandemic has spurred a wave of relocations to suburban areas and smaller, less dense U.S. cities. However, demand for select residential options in large urban areas endures, experts say.
Sequoia Living Opens East Bay Senior Community
The four-story property in Walnut Creek, Calif. offers nearly 200 independent living, assisted living and memory care units.
Marcus & Millichap Brokers $64M Orange County Sale
Tyler Leeson and Matthew Kipp negotiated on behalf of the buyer, Advanced Real Estate Services.
Blackstone Buys Upscale Jacksonville Community for $90M
The asset previously traded for nearly $55 million, when Canyon Capital Realty Advisors sold the 444-unit property in 2011.
Walker & Dunlop Closes $32M New York Sale
Managing Directors Thomas Walsh and Joseph Garibaldi facilitated the disposition of the 100-unit, transit-oriented luxury community in Port Chester.
GTIS Partners Breaks Ground on Phoenix-Area OZ Community
The single-family rental development will bring 197 units to Cadence at Gateway, a master-planned community in Mesa, Ariz.
Lument Provides $22M for Affordable El Paso Community
The city’s public housing authority will use the loan proceeds to continue renovation work started in October.
Greystar Buys Suburban Nashville Apartments for $127M
Newmark provided the buyer with an $83.3 million Fannie Mae loan for the 598-unit purchase.
Capstone Arranges Nashville-Area Portfolio Sale
Alex McDermott, Adam Klenk, Tyler Mayo and Jonathan Hawks spearheaded the sale of the renovated garden-style properties.
The RADCO Cos. Sells Tampa Asset for $47M
The new owner assumed the outstanding balance of a $28.6 million CMBS loan originated in 2018.