Market Rate
Radnor Property Group Tops Out Philly Tower
The property forms the second phase of a $175 million development across from Community College of Philadelphia.
Bell Partners Sells Denver-Area Community for $154M
The 500-unit property underwent more than $13 million in upgrades in recent years.
Prime Residential Buys Portland Community for $81M
BPM Real Estate Group sold the 261-unit property west of downtown in a transaction brokered by Institutional Property Advisors.
FCP Acquires Atlanta Asset for $30M
The community’s new owner assumed an existing $16.5 million Fannie Mae loan.
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.