Market Rate
YMP Buys Louisville Community for $71M
The 690-unit garden-style property in the Fern Creek neighborhood last changed hands for nearly $53 million in 2017.
NMHC Eyes Stimulus to Offset Year of Falling Rent Payments
On average, 138,000 fewer renters paid their rent in full by the end of the month in 2020 compared to 2019, according to NMHC.
Berkadia Brokers $60M Phoenix Multifamily Sale
Ric Holway, Mark Forrester and Dan Cheyne closed the deal, while Clay Akiwenzie secured $42 million in acquisition financing.
TruAmerica Multifamily Enters Texas Market
The company paid $63.5 million for a Class B community in Irving, Texas.
Audubon Acquires Charleston Community for $66M
The Crotts Group sold the 23-building suburban community, with Cushman & Wakefield representing the firm.
Colorado Asset Changes Ownership in $47M Deal
Lynd Acquisitions Group purchased a 288-unit community in Colorado Springs, which has seen increased in-migration during the pandemic.
Multifamily REIT Sells 2,600-Unit Southern Portfolio
BSR sold the 11-property package to a Dallas-based commercial real estate firm.
Phoenix-Area Asset Trades for $43M
The Milestone Group financed the acquisition of The Pavilions at Arrowhead through Freddie Mac loan.
S2 Capital Buys Charlotte Community for $19M
The new ownership’s $3 million rebranding plan will include interior and exterior upgrades of the 176-unit community.
Equity Residential Reaps $313M for San Diego Sale
This marks the city’s largest multifamily transaction in 2020.