Market Rate
Tower 16 JV Expands Vegas Multifamily Footprint
The firm partnered with Henley Investments, paying nearly $33 million for the Class B community. The deal marks the partnership’s fifth acquisition in the metro.
Tennessee’s Tallest Rental Tower Tops Out
The 34-story mixed-use community is being developed by Brookfield Properties, with Swedish construction giant Skanska as general contractor, in the heart of downtown Nashville.
New Jersey Workforce Housing Portfolio Sells for $146M
An international investor scooped up the seven communities totaling 1,035 units from Murnick Property Group, which has operated and maintained the buildings for the past half-century.
L+M, Invesco Partner for $1.2B NYC Housing Deal
The duo agreed to buy more than 2,800 market-rate apartments in Manhattan from Urban American and Brookfield Asset Management and will restore the affordability of more than 1,800 units.
Orlando-Area Apartments Change Hands
JLL Capital Markets represented the seller, Epoch Residential, in its disposition of Maitland Station, a 293-unit asset in Maitland, Fla.
Bell Partners Buys Boston-Area Community
Vinnin Square Apartment Homes in Salem will be renamed and managed by the firm, bringing its current operations in the Boston metro to seven properties.
Ensemble Investments Completes Long Beach Multifamily Project
The seven-story 442 Residences is part of a mixed-use campus that also includes an office building at 444 W. Ocean Blvd. and retail space.
Vacasa to Buy Wyndham Vacation Rentals for $162M
Through the deal, the fast-growing vacation rental management platform will enlarge its portfolio by nearly two-thirds to 23,000 homes across four continents.
GAIA-Led JV Sells 300-Unit Houston Asset
The company initially purchased Cashel Springs in 2015 as part of a 1,376-unit portfolio, for $88.4 million.
Bascom Sells 252-Unit Houston Asset
Newmark Knight Frank originated a $23.8 million, 10-year Freddie Mac loan on behalf of the buyer to finance the acquisition of Sierra at Fall Creek.