Market Rate
Suburban Atlanta Asset Commands $41M
TerraCap Management sold the asset following significant upgrades over the past three years.
J&L Cos. Receives $94M Loan for Newark Project
Greystone has arranged construction financing for the 12-story development.
Capital Square Tops Out Virginia Community
The 80-unit property in Richmond is expected to be completed in January 2022.
Work to Begin on Hampton Roads Redevelopment Project
Breeden Construction will be the general contractor for the first two phases of the 520-unit mixed-income community in Newport News, Va.
Fundrise Acquires Orlando Apartments for $83M
The company will rebrand the community in Maitland, Fla., as Luna at Lake Shadow.
PGIM Real Estate Sells Philadelphia-Area Community
The property in Bala Cynwyd, Pa., was purchased for $59.5 million.
Blackstone Acquires SFR Firm in $6B Deal
Home Partners of America owns more than 17,000 houses across the country.
MG Properties Group Expands Phoenix Portfolio With $75M Purchase
The 223-unit property is the company’s 11th multifamily acquisition in Arizona.
Blue Onyx Cos. Breaks Ground on New Jersey Project
The 78-unit building is expected to be completed by the spring of 2023.
Hines Closes 1st Investment in Italy
The firm’s European Value Fund 2 expects to deliver 300 new units to the Milan market by 2023.