Market Rate

California Townhome Property Changes Hands

Levin Johnston of Marcus & Millichap advised the private buyer to offer $40.5 million for the acquisition.

PENLER Kicks Off Its First Development

The real estate investment firm launched construction on a 240-unit project in Dawsonville, Ga.

Fairfield Properties Buys Long Island Community

The purchase brings the firm’s portfolio in the town of Farmingdale to nine assets.

Berkadia Secures $82M for Inland Empire Refi

The funds will be used to retire an existing debt on the 492-unit Silverado Apartment Homes.

Wood Partners Builds Up Texas Portfolio

The multifamily developer broke ground on two luxury apartment communities in the Dallas and Houston areas.

Q&A: How Cortland Is Elevating the Resident Experience

Cortland CEO Steven DeFrancis dishes on his major deals of 2019 and what’s next for DFW’s largest apartment owner.

Resolute Real Estate Receives $36M Loan for Atlanta Purchase

The buyer closed on the 269-unit community with financing secured by a JLL Capital Markets team.

Inland Empire Community Changes Hands for $40M

Providence Capital sold the 212-unit Vista Springs property in Moreno Valley, Calif.

Weller Residential Launches Workforce Housing Platform

The multifamily investment firm’s new business will oversee 52 properties totaling around 5,500 units in 11 states.

AIMCO Loans $275M for Landmark Community

The REIT also acquired an option to buy a stake in the 3,221-unit San Francisco property along with development rights.