Market Rate
New Jersey Community Lands $118M in Financing
A portion of the loan will be used to complete unit renovations at the 360-unit property in Essex County.
MHN’s Top 5 Posts in October
Miss any of our articles? Catch up with five of our most popular posts for the month.
JV Acquires Suburban Austin Property
Anatole at Westinghouse features 250 units and is located within the metro’s sprawling neighborhood of Georgetown, Texas.
Grubb Properties Buys 2 Atlanta Communities
The development company purchased adjacent properties for $48.2 million with plans to combine them into a single entity.
South Florida Community Sells for $47M
Canada’s Prism Multifamily Group purchased the 291-unit property in the Fort Lauderdale suburb of Tamarac.
Continental Realty Buys South Carolina Asset for $69M
A joint venture sold The Bluestone, a 360-unit community in the town of Bluffton.
In the Heat of Austin’s Investment Landscape
Rastegar Property Co. CEO Ari Rastegar shares insights into the metro’s multifamily market and explains why it’s difficult to predict what the future holds.
Morgan Properties Wraps 18,000-Unit Portfolio Buy
The firm picked up the 80-property portfolio from unrelated seller Morgan Communities, whose leader was indicted earlier this year on federal fraud and money laundering charges.
CBRE Closes Value-Add Sale in Denver
First Vice President Robert Bratley represented the seller in the $6.1 million deal.
Sacramento Community Commands $16M
The 130-unit Regency Apartments traded to a Bay Area-based private investor. The acquisition was financed with nearly $13 million.