Market Rate
Manhattan and Brooklyn Rents Continue Uptick
Corcoran’s latest report shows that rents throughout the two New York City boroughs rose across the board.
Triumph Properties Closes First Deal in Phoenix
The Beverly Hills-based firm acquired a 308-unit multifamily property on the city’s north side.
Aspen Square Management Sells Sacramento-Area Property
The Mogharebi Group represented the seller and the private buyer, in the acquisition of Cambridge House Apartments in Davis, Calif.
Black Bear Capital Partners Lands $107M in NYC Loans
The financing will benefit a series of properties totaling 624 units across the Bronx, Manhattan and Brooklyn.
George Smith Partners Secures $30M Construction Loan
The financing will be used to break ground on The Cartee, a project in downtown Boise, Idaho.
Los Angeles-Area Community Sells for $49M
The 11-building property in Cerritos, Calif., traded for $324,000 per unit.
Suburban Denver Community Sells for $30M
CBRE provided buyer Montgomery Partners with a seven-year acquisition loan through Freddie Mac.
Alexandria Housing Buys Virginia Community for $106M
JBG SMITH will serve as the property manager for the apartments located near Amazon’s HQ2.
Radnor Property Group Lands $142M for Philadelphia Community
JLL Capital Markets arranged financing for Phase II of The Hamilton, a 16-story high-rise property in Center City.
Nashville-Area Community Commands $47M
Capstone Apartment Partners procured the buyer of the 2017-built Reserve at Oakleigh.